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Mr Justice Rory Mulcahy said he was not persuaded that arguments from David O’Shea, Blackbee’s founder, were substantial or made in good faith
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.
- Democratic lawmakers urged Biden to cancel student debt for defrauded borrowers before Trump takes office.
- Some borrower defense applications are still pending, and lawmakers are pushing for prompt relief.
- Biden has canceled student debt for over 1 million borrowers defrauded by their schools.
A group of Democratic lawmakers want President Joe Biden to quickly process student-debt cancellation applications for thousands of borrowers before it’s too late.
On Wednesday, 75 Democratic lawmakers, led by Sens. Dick Durbin and Ed Markey and Rep. Maxine Waters, sent a letter to Education Sec. Miguel Cardona urging him to discharge unprocessed borrower defense applications, which are applications student-loan…
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As Americans grapple with unprecedented credit card debt levels heading into 2025, finding effective relief strategies has become more crucial than ever. Recent Federal Reserve data shows credit card balances surpassed $1.17 trillion in the third quarter of 2024, up from $1.14 trillion the prior quarter, with the average household now carrying nearly $8,000 in credit card debt. This financial burden has been exacerbated by card interest rates climbing to historic highs, with the average…
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Port Hills builder goes into liquidation as Master Builders investigate The Press
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A popular cafe known for its French bread and pastries has closed its doors suddenly, triggering a heartfelt statement from its owners.
Often described as bringing a slice of the French Quarter to the Sunshine Coast, the long-standing cafe is much-loved among patrons.
Andrew and Jade Ackerman took over the reins of La Maison du Patissier at Merdian Plains in April.
In a statement to social media on December 2, La Maison du Patissier announced its shock closure after it entered liquidation.
“Unfortunately we have to let you know some bad news, we have had to shut the shop effective immediately,” the statement read.
“We have been put in a very difficult situation which we are unable to disclose any information about, but has…
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If making a budget seems daunting, you’re not alone. That’s why many apps do the grunt work for you. A good budgeting app can save you time and energy while helping you to spend smarter and save more.
CNBC Select reviewed over a dozen budgeting apps to find the best ones. To narrow down our top picks, we focused on those with unique budgeting features, high user ratings and a free trial or refund to test the app. (See our methodology for more information on how we chose the best budgeting apps.)
Compare offers to find the right savings account
Best app for planners
Quicken Simplifi
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Cost
$3.99 per month. No free trial, but users can request full refund within first 30 days.
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Standout features
Users can run customizable reports based on their…
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Which countries have completed debt swaps for nature and climate MSN
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Forest Gold Honey in liquidation The Press
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Asda has borrowed an additional £155m to help meet its mountain of debt obligations, as the embattled supermarket continues the battle to deleverage.
The supermarket revealed today it had successfully raised and allocated “a private £155m-equivalent fungible add-on” to one of its existing term loans. It means the new £155m loan was agreed on the same terms as the original borrowings.
Asda will use the funds, along with a similar amount from its balance sheet, to pay off debt due in 2025 and 2026.
The group said that, following on from a £3.2bn refinancing in May this year, all its near-term debt maturities had been pushed into the next decade.
“Asda remains focused on prudently managing the capital structure in the long…
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Credit card debt is a real problem for many Americans. About a quarter of credit card users carry a balance from month to month, and across the nation, outstanding credit card debt currently amounts to $1.7 trillion. Throw in record-high interest rates, which average above 23% on the typical credit card, and it’s harder than ever for many consumers to break free.
With the holidays fast approaching and holiday spending expected to rise, it could be tempting for consumers to charge even more to…
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BlackRock sales targets blamed by some sparkies for SolarZero collapse The Post
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Strong Petrochemical Faces Winding-Up Petitions in Cayman and Hong Kong TipRanks