Topline:
In recent months, the Trump administration has taken actions that could significantly affect federal student loan borrowers, including the more than 3.8 million Californians with student debt. Experts say borrowers should be vigilant — but they should also keep in mind that many of the administration’s proposed changes have not gone into effect.
Why it matters: The flurry of action at the federal level might compel borrowers to falsely believe that some payment plans and forms of relief are no longer available.
All is not lost: Even though the president issued an executive order to deny debt relief to public servants whose work he’s deemed “illegal,” eligibility for the Public Service Loan…
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The African Union Commission’s Department for Economic Development, Tourism, Trade, Industry, and Minerals (ETTIM) will convene a three-day African Union Conference on Debt in Lomé, Togo, under the theme: “Africa’s Public Debt Management Agenda: Restoring and Safeguarding Debt Sustainability.”
This conference will convene AU Member States, policymakers, financial experts, and key stakeholders, including representatives from Ministries of Finance, African Central Banks, Regional Economic Communities, African Multilateral Financial Institutions, and Civil Society Organizations.
The Conference will focus on the following key specific objectives:
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Facilitate knowledge exchange and share cutting-edge practices in…
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When I graduate from Princeton in two weeks, I will leave holding almost $60,000 in debt, with an additional $20,000 in interest that will accrue over the 10 year standard repayment plan. This debt burden is spread across federal loans ($26,720 principal + $10,073 interest); Princeton Heartland-ECSI private student loans ($7,000 + $1,505); and Sallie Mae private student loans ($22,500 + $10,629 .
For a university that advertises a generous “no loan” financial aid policy and has the
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Another major healthcare company files Chapter 11 bankruptcy TheStreet
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When health care providers go bankrupt, patients pay the price Stanford Report
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Jervois Global Restructures Amid Liquidation TipRanks
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Korea Credit Ratings, which downgraded Homeplus’ credit rating in February, directly pointed to MBK Partners’ management method as the reason for the downgrade.
In addition, for companies with private equity funds (PEFs) like Homeplus, strategies that focus on collecting investments are important factors in determining creditworthiness, and a close review of management’s financial policies is necessary. Korea Credit Ratings, one of the three major credit rating agencies in Korea, is expected to introduce strict standards to companies owned by PEF in the future, which is expected to have a significant impact on the overall credit rating and PEF industries.
The Homeplus Bankruptcy Company Analysis Report, which was included in the Korea…
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Johnson Winter Slattery (JWS) has appointed Alistair Fleming as a partner in the firm’s Restructuring & Insolvency team. He will be based in Perth.
Alistair practises in corporate restructuring and insolvency and commercial litigation. He advises on all aspects – both contentious and non-contentious – of informal and formal insolvency and restructuring processes, and on transactions involving corporate disputes or financial distress.
He regularly advises companies, directors, financiers, external administrators, hedge funds, creditors, investors and restructuring professionals across most industry sectors. In addition, Alistair has a strong general corporate litigation practice.
Commenting on Alistair’s appointment, JWS…
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THIRUVANANTHAPURAM: The Kerala State Consumer Disputes Redressal Commission has directed a builder company to give full refund and compensation to a customer who did not get the promised apartment.
The commission rejected the company’s argument citing insolvency proceedings before the National Company Law Tribunal (NCLT).
The complainant, a Thiruvananthapuram native, had booked a 3-bedroom apartment in a project proposed at Karakulam village in the district. The total cost was Rs 55,17,277. As per the agreement, construction had to be completed within 18 months from the date of agreement i.e., March 18, 2017.
Though the complainant paid Rs 43,00,123, the work was not carried out by the builder. The builder also did not respond to the…
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Johnson Winter Slattery (JWS) has appointed Alistair Fleming as a partner in the firm’s Restructuring & Insolvency team. He will be based in Perth.
Alistair practises in corporate restructuring and insolvency and commercial litigation. He advises on all aspects – both contentious and non-contentious – of informal and formal insolvency and restructuring processes, and on transactions involving corporate disputes or financial distress. Alistair is also an accredited corporate turnaround specialist, and the current Chair of the Turnaround Management Association in Western Australia.
He regularly advises companies, directors, financiers, external administrators, hedge funds, creditors, investors and restructuring professionals…
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Aussie invoice payments a likely casualty of Trump tariff war The Australian
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