Insolvency Guardian Media Centre
Its liquid-cooled direct current fast charging equipment was designed to be compatible with a wide number of electric car brands, including Tesla, BYD and others across the world, having expanded to more than 47 countries with 13,000 DC (direct current) chargers in operation.
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Farmers, under the banner of the Samyukt Kisan Morcha, staged a protest in Sirsa on Monday, submitting a memorandum addressed to President Droupadi Murmu. The protest aimed at reminding the Central Government of its unfulfilled promises made on December 9, 2021, during the farmers agitation.
The key demands included enacting a law guaranteeing minimum support price (MSP) for crops and complete debt relief for farmers and labourers. The protesters also urged the government to save the life of farm leader Jagjit Singh Dallewal, who is on a hunger strike at the Khanauri border, by addressing his demands.
Farmers burnt copies of laws sent by the Central Government to state governments regarding agricultural markets, expressing strong…
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PUBLISHED : 24 Dec 2024 at 07:02
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Dive Brief:
- Party City on Saturday filed for Chapter 11 bankruptcy protection in the Southern District of Texas.
- The party supplies specialist also announced it will close its entire footprint, which at the time of its bankruptcy filing consisted of nearly 700 stores, according to court documents. The company has hired Gordon Brothers to assist in the liquidation process.
- This marks Party City’s second trip through…
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Party City’s going out of business sales have started at over 600 locations nationwide, including five in the Las Vegas Valley.
After CEO Barry Litwin announced on Dec. 20 that the company was going out of business, the party supplies retailer started sales at 692 locations. Discounts of up to 50 percent off all items will be offered in-store.
All Party City stores are slated to close on Feb. 28.
The retailer has hired the Gordon Brothers to supervise the liquidation sales, the same company as Big Lots.
The New Jersey-based company filed for bankruptcy in January 2023 after struggling to pay off its $1.7 billion debt. While closing 80 locations from end of 2022 to August 2024, the store managed to cancel almost $1 billion in…
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Salt & Lime directors, wives ‘paid $1m-plus’ before collapse The Australian
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By NEIL HARTNELL
Tribune Business Editor
TWO Nassau resorts, and their Bahamian holding entities, are not caught by yesterday’s “last resort” bid from Baha Mar’s contractor to protect its US arm from Sarkis Izmirlian’s “crippling” $1.6bn damages win.
CCA Construction Inc, the contractor’s New Jersey-based entity, confirmed it had sought Chapter 11 bankruptcy protection in the US legal system to safeguard its assets and business from any attempt by Baha Mar’s original developer to enforce his near-total New York State Supreme Court triumph by seizing their property.
The Chinese state-owned contractor, in a statement, said the move was intended to preserve its ability to overturn Mr…
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The Biden administration’s new student debt plan is poised to offer relief to millions struggling under financial burdens. By targeting those with significant debts, the plan aims to provide much-needed support. For Californians, understanding both federal and state options is crucial for navigating personal finances effectively.
The landscape of debt relief in the U.S. is constantly changing, with new policies emerging to address the challenges faced by borrowers. Recently, the Biden administration unveiled a student debt plan designed to alleviate financial distress for many individuals. The initiative focuses on those with substantial debt burdens, a demographic that includes many Californians.
The…
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U.S. President Joe Biden delivers remarks during the Tribal Nations Summit at the Department of the Interior in Washington, D.C., U.S., December 9, 2024.
Elizabeth Frantz | Reuters
The Biden administration has withdrawn two major plans to deliver student loan forgiveness.
The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.
The combined policies could have reduced or eliminated the education debts of millions of Americans.
The Education Department posted notices in the Federal Register on Friday that it was withdrawing the plans, weeks before…
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SINGAPORE – On Nov 11, online marketplace Qoo10 was declared insolvent by the Singapore High Court and ordered to be wound up. It is one of the most high-profile business failures in 2024.
Other than Qoo10, the fallout from some once high-flying companies that failed in the past few years – namely Hin Leong, the Envy group of companies and Hyflux – is still making its way through various courts in 2024 and 2025.
Qoo10 liquidators working on winding-up plan
Singapore-based Qoo10 was founded in 2010 by South Korean national Ku Young-bae.
Qoo10’s problems first surfaced in July in South Korea, when two of the online shopping platforms that it owns – WeMakePrice and Tmon – failed to pay money owed to sellers in May. Traders left…
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The Biden administration on Friday withdrew proposed rules that would have extended Title IX protections to transgender student athletes and could have offered debt relief to millions of borrowers facing financial hardship.
Both proposals faced mixed public sentiment and significant legal challenges, and the withdrawals come as President-elect Donald Trump gears up for his second term in office next month.
Title IX…
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Most of the best personal loans come directly from a bank or credit union. However, some companies offer peer-to-peer loans, which means the funding for your loan comes from another individual, not an institution. Peer-to-peer (P2P) loans can sometimes be more accessible to borrowers thanks to easy application processes and sometimes higher loan amounts.
CNBC Select rounded up the best peer-to-peer personal loan lenders. We looked at key factors like interest rates, fees, loan amounts and term lengths offered, plus other features including how your funds are distributed, autopay discounts, customer service and how fast you can get your funds. (Read more about our methodology below.)