Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
Biden announced an additional $4.2 billion in student-debt cancellation for 152,000 borrowers.The relief will benefit borrowers in PSLF, defrauded borrowers,
Jan. 12 (UPI) — U.S. President Joe Biden and Prime Minister Benjamin Netanyahu of Israel spoke Sunday, their two offices said, as the White House pushes to secure a cease-fire deal prior to President-elect Donald Trump’s inauguration.
Revenue is asking the High Court to wind up a third company that is linked to the troubled Cork-based BlackBee investment group.
Mr Justice Oisín Quinn on Monday agreed to adjourn Revenue’s petition for four weeks after hearing that the Corporate Enforcement Authority (CEA) wants to file an affidavit in the case.
No details of the petition for the winding-up of BlackBee Group Holdings Limited were outlined to the court before Sally O’Neill, counsel for Revenue, consented to the matter being rescheduled for February 10th.
The CEA’s barrister, Arthur Cunningham, said his client took enforcement action against the company last July. He said the court gave the company and its founder, David O’Shea, four months to comply with…
Exclusive: Records show Beauvoir Developments Ltd has agreed to be wound up
The company behind the Liverpool Hooters restaurant has filed for liquidation. The venue in Water Street was closed today (Monday).
The company behind Liverpool’s controversial Hooters restaurant has gone into liquidation. The controversial US-restaurant chain has been operating in Liverpool since a licence was granted to a company called Beauvoir Developments Ltd to operate a franchise of the company in New Zealand House in Water Street in Liverpool city centre. Its launch made it only the second Hooters venue in the UK.
Biden announced an additional $4.2 billion in student-debt cancellation for 152,000 borrowers.
The relief will benefit borrowers in PSLF, defrauded borrowers, and borrowers with disabilities.
It likely marks Biden’s last relief efforts before Trump takes office in one week.
Thousands more borrowers are receiving student-loan forgiveness just one week before President Joe Biden leaves the White House.
On Monday, Biden’s administration announced $4.2 billion more in debt cancellation for over 152,000 borrowers. The relief impacts borrowers in three different categories: government and nonprofit workers in the Public Service Loan Forgiveness program, borrowers who the Education Department found were…
Today, my Administration is approving student loan relief for more than 150,000 borrowers – bringing the total number of Americans who have had their student debt cancelled by my Administration to over 5 million. These 150,000 borrowers include: almost 85,000 borrowers who attended schools that cheated and defrauded their students, 61,000 borrowers with total and permanent disabilities, and 6,100 public service workers.
My Administration has taken historic action to reduce the burden of student debt, hold bad actors accountable, and fight on behalf of students across the country. This includes fixing the broken Public Service Loan Forgiveness (PSLF) program and ensuring over 1 million public service workers receive the student…
(Bloomberg) — President Joe Biden moved to discharge federal student loans for more than 150,000 people on Monday, in a final push that will bring the total number of borrowers who received loan forgiveness under his administration to over 5 million people.
Most Read from Bloomberg
The Education Department is canceling debt for individuals who were cheated or defrauded by their institutions, people with severe disabilities, or public servants, according to a press release.
Easing the burden of student loan debt was one of Biden’s signature campaign promises in the 2020 election, but his efforts to carry out that pledge were hit by legal obstacles, most notably the Supreme Court blocking a plan that would have slashed up to…