Category Archives: Bankruptcy

CLASS ACTION UPDATE for TDOC, YRIV, ALKS and ASTE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire

NEW YORK, Feb. 06, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…

Extended bankruptcy after boss caused finance company to lose thousands – Mirage News

Terence Coventry (39), from Gainsborough, Lincolnshire, was appointed the sole director of Alliance Traffic Services Limited in April 2016 before he caused the company to enter into a factoring agreement a month later. The factoring agreement, which Terence Coventry personally guaranteed, set out the terms where an independent finance company would buy Alliance Traffic Services…

Struggling with debt? Heres how you can get back on track – Irish Mirror

Borrowing money to fund a new home, car or even a holiday is not only normal its pretty much universal. Youd be hard-pressed to find someone in Ireland today who doesnt have some kind of loan or credit facility. This can be an absolute life-saver once you can manage the repayments, but if something changes…

RCom shares battered further, tank nearly 13 per cent – The Indian Express

Related News Anil Ambanis RCom has been reeling under an estimated debt of over Rs 46,000 crore. (Express photo by Prashant Nadkar) Shares of Reliance Communications continued to reel under selling pressure Wednesday, falling below its face value of Rs 5, plunging nearly 13 per cent. Advertising RCom stock plummeted 10.84 per cent to Rs…

Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Yangtze River Port and Logistics Limited – PRNewswire

NEW YORK, Feb. 5, 2019 /PRNewswire/ —Scott+Scott Attorneys at Law LLP(“Scott+Scott”), a national shareholder and consumer rights litigation firm, reminds investors that a class action lawsuit has been filed against Yangtze River Port and Logistics Limited (“Yangtze” or the “Company”) (NASDAQ: YRIV) and other defendants, related to alleged violations of federal securities laws. If you…

Radheshyam Biswas urges Centre to revive defunct paper mills – Barak Bulletin

Karimganj MP Radheshyam Biswas has urged the Centre to consider the matter of the two defunct paper mills of the Hindustan Paper Corporation in Assam with immediate priority and take prompt steps to reopen the units at the earliest. The mills Cachar Paper Mill and Nagaon Paper Mill have been lying defunct since 2015 and…

Hr 2.3 billion smuggled out of bank prior to bankruptcy – Kyiv Post

Popular on social media Billions of dollars have been stolen from Ukrainians through various abuses of the banking system over the past decade, and many of the crooks remain unpunished, according to a Feb. 4 press release by the Deposit Guarantee Fund of Ukraine. Citing one example, the fund, the state body responsible for overseeing…

Germania Halts Operations and Files for Insolvency | Air Transport News – Aviation International News

The German civil aviation authority Luftfahrt-Bundesamt today revoked the operating license of Germania Fluggesellschaft after the company filed for insolvency and ceased flight operations in the night between February 4 and February 5. The Berlin-based leisure carrier blamed unforeseeable events such as the increases in fuel prices last summer and the simultaneous weakening of the…

The truth about insolvency and your financial future – The Independent

The average household debt is creeping towards 59,000. Per adult, the typical amount we owe is increasing by almost 900 a year. And when the credit runs out or the repayments fail, the house of cards can quickly come crashing down. … Read the full article at: https://www.independent.co.uk/money/spend-save/insolvency-guide-facts-risks-personal-finances-credit-debt-mortgage-a8757716.html

Payment Protection Insurance (PPI) claims and the Official Receiver – GOV.UK

The Financial Conduct Authority (FCA) introduced a deadline of 29 August 2019 for making PPI claims. The Official Receiver is seeking to claim outstanding PPI awards available in bankruptcy estates to ensure creditors receive assets owed. Information for creditors If you are a creditor in a bankrupts estate, the Official Receiver will contact you if…