With the rise of online shopping and the e-commerce industry, it is no surprise that a number of high street stores, such as HMV and House of Fraser, have faced difficulties in recent times. Due to the ever-growing uncertainty of the market, more and more companies are becoming insolvent. But what does it mean if…
KEMMERER, Wyo. (AP) – A federal judge has approved the sale of a Wyoming coal mine following the owners bankruptcy. The Casper Star-Tribune reports that a judge in Houston, Texas, approved the sale of the mine in Kemmer… Read the full article at: https://www.washingtontimes.com/news/2019/jun/10/federal-judge-approves-sale-of-bankrupt-wyoming-co/
14:09, 10 June, 2019 YEREVAN, JUNE 10, ARMENPRESS. Surik Khachatryan, a former politician who twice served as Governor of Syunik (2004-2013, 2014-2016), has been declared bankrupt by a court, according to the Datalex online judicial information platform. According to the available documents the Armenian “ARMBUSINESSBANK”bank requested a court to declare the ex-governor bankrupt for…
Less than two months ago, gasoline prices were headed for $3 a gallon. Today theyre headed for $2 a gallon. This is good news for summer vacationers traveling by car on road trips to theme parks and national parks. Nearly a third of Americas drivers will take a trip by car this summer, burning more…
Shocking Bankruptcy News. Source: BS Below is a list of the top and leading Bankruptcy Lawyers in Hobart. To help you find the best Bankruptcy Lawyers located near you in Hobart, we put together our own list based on this rating points list. This article is updated every 3-4 months. Hobarts Best Bankruptcy Lawyers: The…
The initiation of insolvency proceedings against Jet Airways by a Dutch court has prompted the government to strengthen Indias cross-border insolvency norms. The insolvency law committee, which monitors the implementation of the Insolvency and Bankruptcy Code (IBC) and suggests changes, will meet on June 12 to deliberate upon the amendments to deal with cross-border insolvency,…
The investment firm at the centre of British Steels collapse is considering buying a troubled steelworks in Poland, according to people briefed on the matter. Greybull Capital, which was criticised after the UKs second-largest producer of the metal fell into insolvency under its ownership, has been in talks over a potential acquisition of the ISD…
Following the news last month that renowned Australian vocal ensemble The Song Company had been placed in voluntary administration, The Song Companys Chair Michael Tidball and Artistic Director Antony Pitts have announced that the company has been able to recommence trading in advance of the second creditors meeting scheduled for June 18. The Song Company…
Absolute Resource Management Limited was incorporated on 30 November 2007 and began trading in 2009 under the sole directorship of Carol Perry. The Bedford-based company provided IT consultancy services to businesses. By August 2016, however, Absolute Resource Management was unable to pay its debts and appointed a liquidator to commence voluntary liquidation proceedings. The liquidators…
If you have any experience with debt problems, it is likely you have seen the term IVA crop up. An IVA (individual voluntary arrangement) is a formal and legally binding agreement between you and your creditors to repay your debt over a period of time. Once an IVA is in place, it stops creditors who…