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's administration posted notices to withdraw its broader student-loan forgiveness plans.The Education Department wrote that it still stands by the
President Biden has so far forgiven $180 billion in student loans for 4.9 million borrowers. Much more relief is unlikely now.
Andrew Caballero-Reynolds/AFP via Getty Images
The Biden administration’s ambitious plans to provide debt relief for millions of Americans is officially dead.
The administration said Friday it’s withdrawing two debt relief proposals from consideration. The Education Department had been reviewing thousands of comments on the plans and preparing to finalize at least one proposal before Friday’s announcement. The Associated Press first reported on the decision.
Health House parent Melodiol Global Health has entered voluntary administration, the third medicinal cannabis company to hit the financial wall in six weeks.
Perth-based WA Insolvency Solutions has been appointed to handle the affairs of the firm, with a creditors’ meeting due to take place this morning (Friday).
Join the Cannabiz revolution
Want to stay ahead of the cannabis curve with the latest local and
international news, analysis and intelligence and access to Australia’s legal cannabis industry?
This article is included with our Premium subscription.
Vel turpis nunc eget lorem dolor sed. Sit amet consectetur adipiscing elit duis tristique…
DETROIT (AP) — In the waning days of President Joe Biden’s administration, the government’s highway safety agency is proposing voluntary…
DETROIT (AP) — In the waning days of President Joe Biden’s administration, the government’s highway safety agency is proposing voluntary safety guidelines for self-driving vehicles.
But a rule from the National Highway Traffic Safety Administration putting the plan in place won’t be approved before the end of Biden’s term in January and likely will be left to whoever runs the agency under Republican Donald Trump.
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below.
Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.
This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2. Choose “App Settings” from the menu
3. Turn on the option “Links Open Externally” (This will use…
The State has been ordered to pay €2.8 million into a pension fund for workers at a chemicals firm that went out of business over 15 years ago in a landmark claim under insolvency law.
Kieran Wallace, managing director of Interpath Advisory, secured the sum in a complaint against the Minister for Enterprise under the Protection of Employees (Employers’ Insolvency) Act 1984, challenging the State’s refusal to pay a larger sum into a pension scheme for former staff of Protim Abrasives Ltd in 2022.
Helping taxpayers nationwide resolve IRS tax debt, audits, and liens with proven strategies, saving over $72 million and counting.
This firm is top notch. Parham provided a roadmap for my corporate and personal tax questions that I wouldn’t have been able to figure out on my own.”
— Mike .Y | Santa Monica, CA
LOS ANGELES, CA, UNITED STATES, December 20, 2024 /EINPresswire.com/ — Victory Tax Lawyers, LLP, a premier tax law firm based in Los Angeles, California, proudly announces a significant milestone: successfully saving clients over $72 million through specialized tax resolution services. Serving individual and corporate taxpayers nationwide, Victory Tax Lawyers offers comprehensive solutions for those facing tax challenges,…
Biden’s administration posted notices to withdraw its broader student-loan forgiveness plans.
The Education Department wrote that it still stands by the legality of the debt relief among lawsuits.
The plans aimed to cancel some student debt for over 38 million borrowers.
President Joe Biden’s administration has officially scrapped its unfinished rules for broad student-loan forgiveness.
The Education Department posted notices to withdraw its plans to cancel student debt for over 38 million borrowers. The withdrawal notices were for two of the department’s unfinished debt relief rules. The first rule was Biden’s Plan B for broader debt relief after the Supreme Court struck his first plan down in the…
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm. As the Committee of Creditors (CoC) rejected the sole resolution plan submitted by Space Mantra after four extensions in the deadline to complete the corporate insolvency resolution process (CIRP), the RP of the company has now approached NCLT to initiate liquidation of Future Retail (FRL).
“The resolution plan submitted by Space Mantra Private has not been approved by CoC of FRL, kindly note that, the Resolution Professional (RP) has filed an application, before the…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily.
Sports betting is not going that well. When we last checked in with the industry in August, things were a bit of a mess for both the betting public and the companies that took their wagers. Sportsbook operators were for the most part struggling to make a profit in an uber-taxed and regulated business. That was despite their customers, sports bettors, gradually losing a higher percentage of their money. The golden days of juicy, supposedly risk-free bet promotions were ebbing. Other than a select few sportsbooks that had gobbled up market share, who in this relationship was thrilled about how things…
President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers.
President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers.
The Education Department canceled the debt for student borrowers who have made more than 120 monthly payments as part of its Public Service Loan Forgiveness Program, which incentivizes careers in public service — like teaching and law enforcement.
“From Day One of my Administration, I promised to make sure that higher education is a ticket to the middle class, not a barrier to opportunity,” Biden wrote in a statement.
