College files for bankruptcy after announcing intentions to close – The Daily Times

CHARLESTON A small, private university in West Virginia declared bankruptcy on Thursday, a month after announcing that it planned to stop operating. Alderson Broaddus University filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court for the states northern district. According to the filing, the university estimated it had between $1 million and $10 million in…

Bankrupt ebike startup VanMoof finds buyer in F1's McLaren Applied – TNW

VanMoofers, rejoice the ebike gods have not abandoned you. Yesterday, McLaren Applied and its escooter department Lavoie announced they had agreed to purchase the bankrupt ebike startup.  The details of the deal have not been made public. However, the F1 engineering and technology company stated that it would invest in stabilising and expanding VanMoofs existing…

Small West Virginia university declares bankruptcy after announcing planned closure – Fox News

A small, private university in West Virginia declared bankruptcy on Thursday, a month after announcing that it planned to stop operating. Alderson Broaddus University filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court for the state’s northern district. According to the filing, the university estimated it had between $1 million and $10 million in total…

Personal Insolvency Consultation | Our ministers Attorney … – Assistant Minister to the Attorney-General

The Australian Government has today released proposed reforms to the Bankruptcy Act 1966 (Bankruptcy Act) for consultation. This paper is a direct result of feedback received through a national roundtable on personal insolvency which I chaired in March this year involving 24 organisations with an interest in personal insolvency – including credit, finance, accounting, legal…

Alleged Fraudster Greg Martel Declared Bankrupt Amid Recovery … – West Island Blog

The labyrinthine tale of Greg Martel, the alleged financial fraudster, took a decisive tilt on Thursday. Following a hearing in the B.C. Supreme Court in Victoria, Martel was declared personally bankrupt, a move designed to expedite the recovery of his assets by the receiver in the case, PricewaterhouseCoopers (PwC). The primary assets PwC seeks to…

Problems in the Chinese housing sector might influence Danish … – ScandAsia.com

China is Denmarks fourth largest trading partner, so the recent slowdown in the Chinese economy will hit Danish growth, according to calculations from Danmarks Nationalbank. There are signs that the crisis in the housing market in China is spreading to parts of Chinas financial sector. It gives many investors nervous twitches, Kim Fster, chief analyst…

Personal Insolvency Consultation – The National Tribune

The Australian Government has today released proposed reforms to the Bankruptcy Act 1966 (Bankruptcy Act) for consultation. This paper is a direct result of feedback received through a national roundtable on personal insolvency which I chaired in March this year involving 24 organisations with an interest in personal insolvency including credit, finance, accounting, legal sectors…