It’s business as usual for Australia’s Village Roadshow Group, following the announcement overnight that the US-based Village Roadshow Entertainment Group has filed for bankruptcy protection.
As previously reported, Village Roadshow Entertainment Group (VREG) has filed for Chapter 11 in Delaware, with US$223.8 million in asset-backed secured notes and US$163.1 million of senior secured debt, court documents show.
VREG is separate from the Australian operation, which was formed in 1954 and includes Village Roadshow Theme Parks, Roadshow Distributors, Roadshow Productions, Village Roadshow Studios and Village Cinemas, asserts a statement from the company, seen by Variety AU/NZ.
“Village Roadshow Group is not impacted by VREG’s…
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Liberty Speciality Steel withdrew a restructuring plan put before the courts just before a judge was due to decide if it could go ahead.
With a lack of agreement with key creditors, lawyers representing them have previously said it was unlikely to be sanctioned anyway due to the money owed.
After pulling its “Part 26A” restructuring plan, as reported by Global Restructuring Review, Liberty Speciality Steel, which has operations in Rotherham and Stocksbridge, is understood to be acting quickly to consider alternative options.
Rothbiz reported in April last year that Liberty had signed a new framework agreement with its major creditors that would enable it to consolidate its UK steel businesses “under a new entity with a simpler structure, a…
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The Coalition is promising to let first-home buyers claim a tax deduction on the interest bill on their mortgage, subject to financial thresholds over five years, as well as offering the super-for-housing policy, but it has vowed to block the Labor policy to ease student debt.
Labor is offering to reduce all HECS debts by 20 per cent if it is returned to power, saying someone with the average debt – $27,600 – would have about $5250 wiped from their loan.
On housing, it offers first-home buyers a government guarantee so they can buy their first home with a 5 per cent deposit, as well as a $10 billion plan to encourage more housing construction.
Labor is acting on government data, prepared before the election, that shows more than three…
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JPMorgan Launches $500 Million Loan for FanDuel’s Snaitech Deal Bloomberg.com
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BlackRock, the world’s largest asset manager, has experience in the alcoholic beverages space. It holds a stake of just under 8% in Molson Coors, the world’s fourth-largest brewer, which owns brands like Miller Lite, Coors Lite, and Blue Moon Belgian White. It also owns a stake in Treasury Wine Estates, a leading Australian wine company with a global portfolio of 70 brands.
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North West insolvency-related activity hits 25-month high, R3 research shows Blackpool Gazette
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Ohio bill aims to help residents pay off their medical debt WDTN.com
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YouTube stars raise over £122,000 to help London taxi drivers clear long-standing debt taxi-point.co.uk
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A reporter and anchor at La Crosse TV station, WKBT-TV, is the first to receive the recently established Boyd Huppert Education Debt Assistance Grant.
Allyson Fergot is one of ten who applied for the student debt relief grant set up and funded by supporters of legendary broadcast journalist Boyd Huppert.
“Allyson’s dedication is unparalleled,” wrote WKBT-TV News Director Jason Walker. “As a young journalist, she produces work that has not only garnered the respect of her colleagues, but also recognition from both local and regional outlets.”
Fergot joined her hometown station, WKBT-TV, straight from attending college at UW-Madison. She started as a producer and moved into an MMJ role, shooting and writing her…
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By Alex Wittenberg · May 16, 2025, 4:26 PM EDT
Toronto-based geothermal energy company STS Renewables Ltd. and affiliates have filed for Chapter 15 protection in Delaware bankruptcy court seeking recognition of a Canadian insolvency proceeding designed to help the company…
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