Insolvency Guardian Media Centre

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.
Explainer: What student debt legislation passing will mean for you  The North West Star Read the original article here
Explainer: What student debt legislation passing will mean for you  The Examiner Read the original article here
Explainer: What student debt legislation passing will mean for you  Lithgow Mercury Read the original article here
Today, The Government of The Bahamas, The Nature Conservancy (TNC), the Inter-American Development Bank (IDB), and several financial partners launched
Explainer: What student debt legislation passing will mean for you  Illawarra Mercury Read the original article here
Mosaic brands’ flagship stores, including Millers, Rivers and Katies, will continue trading as the company undergoes voluntary administration. ... Read
‘Major’ financial trouble plunges KTM into administration  Speedcafe Read the original article here
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion  MSN Read the original article here
Photo: LDR Solar power company SolarZero has been put into liquidation, leaving some customers worried about the contracts they have
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SUMMARY The NCLAT rejected Multiple Brand Solutions’ contention, saying that the vendor’s claim for payment of invoices was “disputed much
Questions swirl as homeowners await SolarZero answers  The Post Read the original article here

Explainer: What student debt legislation passing will mean for you  The North West Star

Read the original article here

Explainer: What student debt legislation passing will mean for you  The Examiner

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Explainer: What student debt legislation passing will mean for you  Lithgow Mercury

Read the original article here

Today, The Government of The Bahamas, The Nature Conservancy (TNC), the Inter-American Development Bank (IDB), and several financial partners launched a Nature Bonds project that will refinance USD 300 million of The Bahamas’ external commercial debt to help the country improve ocean conservation and management of its Marine Protected Areas (MPAs) to benefit biodiversity and people, and lessen the effects of climate change. 

The Bahamas debt conversion project is a project of firsts. It is the first time that a private investor, Builders Vision (an impact platform founded by Lukas Walton), is providing a co-guarantee alongside a multilateral development bank (MDB). Also, it’s the first time a private insurer,…

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Explainer: What student debt legislation passing will mean for you  Illawarra Mercury

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Mosaic brands’ flagship stores, including Millers, Rivers and Katies, will continue trading as the company undergoes voluntary administration.

Read the original article here

‘Major’ financial trouble plunges KTM into administration  Speedcafe

Read the original article here

South Korean crypto platform Delio declared bankrupt, owing $1.75 billion  MSN

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solar panels


Photo: LDR

Solar power company SolarZero has been put into liquidation, leaving some customers worried about the contracts they have signed with the company.

The company – which offers customers solar power systems with no upfront cost but an ongoing, multi-decade lease – said the directors had requested its shareholder appoint a liquidator.

It said directors had requested its senior lenders take enforcement action, and appoint another provider Verofi, to ensure power service for customers was not interrupted.

RNZ’s Money correspondent Susan Edmunds explains what this means for customers.

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Reference #18.d0b42e17.1732661134.c289a9e6

https://errors.edgesuite.net/18.d0b42e17.1732661134.c289a9e6

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SUMMARY

The NCLAT rejected Multiple Brand Solutions’ contention, saying that the vendor’s claim for payment of invoices was “disputed much before demand notice was issued”

Multiple Brand Solutions sought to initiate bankruptcy proceedings against Amazon Wholesale (India) over alleged default of INR 3.7 Cr between March 2023 and May 2023

Earlier, the Delhi bench of the NCLT also rejected the vendor’s contention, following which Multiplier Brand Solutions moved the Appellate Tribunal

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea that sought to initiate insolvency proceedings against Amazon Wholesale (India). 

Setting aside the petition filed by Multiplier Brand Solutions, a three-member Delhi…

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Questions swirl as homeowners await SolarZero answers  The Post

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