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Reference #18.d0b42e17.1741430263.185e4b01
https://errors.edgesuite.net/18.d0b42e17.1741430263.185e4b01
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Penelope Hawkins is a senior economist, policy researcher and adviser at UN Trade and Development (UNCTAD)
Previusly, as founder and managing director of Feasibility (Pty) Ltd, she has undertaken some of the leading research projects in the financial sector in Southern Africa, commissioned by regulators, policymakers, and the private sector.
She researches and engages with member country representatives and the broader civil and academic society on sovereign debt, financing for development, illicit financial flows, and financial inclusion.
She is a published economist, with a Ph.D. in economics from Stirling University, Scotland. She has an M.A. in economics (cum laude) from the University of South Africa and a B.A. in…
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APUS Zero Emission Enters Provisional Insolvency Amid Challenges in Green Hydrogen Aviation – World Energy
APUS Zero Emission, a pioneer in hydrogen aircraft development, has entered provisional insolvency proceedings as it grapples with financial viability issues in the slowly transitioning green aviation sector.
APUS Zero Emission GmbH, based in Strausberg, has been placed under provisional insolvency administration by the Frankfurt (Oder) District Court. This move comes as the company faces challenges in sustaining its operations amid a slow shift towards alternative energy forms in aviation. The court aims for either an orderly continuation or liquidation of the company.
The company, which has…
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Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleas Daily Excelsior
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Promoter Undergoing CIRP Can Be Permitted To Complete Project For Benefit Of Homebuyer: NCLAT Live Law – Indian Legal News
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BAKU, Azerbaijan, March 8. Leader Production
LLC, a subsidiary of Leader TV and Radio Azerbaijan LLC, is
liquidated, Trend
reports via State Tax Service.
Creditors can submit their claims within two months to the
address: 83/23 Shafayat Mehdiyev Street, Yasamal District, Baku
City.
Lider Production LLC was state-registered in 2008. The legal
representative of the company, with authorized capital of 1,000
manat ($590), is Adalat Aliyev.
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Former African leaders launch debt relief drive for poor nations FRANCE 24 English
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Independent Texas Recyclers, a Houston-based MRF operator , has discontinued operations after a nearly year-long court process to settle an $8 million loan payment dispute with its lender.
Cadence Bank, ITR’s lender, sued the MRF operator and its affiliate, TRITgen, last April after the company allegedly defaulted on an approximately $7.2 million equipment loan and related interest payments. Cadence…
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You could receive extra financial help to settle your rent debts from benefit payments. The Department for Work and Pensions (DWP) allows Universal Credit claimants to receive an extra amount to support housing, which can be paid directly to a landlord. However, this extra payment is not automatic and claimants must take the steps to receive the support themselves.
Claimants could also receive extra support with rent, depending on the size of their household, their age, and where they live. If you are under a lot of pressure from those you’re in debt with, Citizens Advice highlights that you should inform them that you’ve applied for Universal Credit and tell them when you are likely to receive and whether they will accept a late payment…
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Bild: Verein Grächen und St. Niklaus Tourismus und Gewerbe
The mountain railroads and the Grächen ski area are 20 million francs in debt. They are calling on locals and guests to buy shares to save the family ski resort.
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The IBC was designed with a clear, sequential process – first, the Corporate Insolvency Resolution Process (CIRP) attempts to revive the corporate debtor. If that fails, liquidation ensures a swift and conclusive dissolution. However, the concept of ‘sale as a going concern’ in liquidation contradicts this framework, effectively keeping failed businesses on artificial life support. The Insolvency Law Committee (ILC) in its 2020 report explicitly stated that liquidation marks the end of an entity’s viability, and the Standing Committee on Finance (2021) recommended deleting Regulation 32(e) of the Liquidation Regulations for precisely this reason.
Empirical data highlights the failure of ‘going concern’ sales in liquidation….
