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New Medical Debt Relief Program Launches In Rhode Island Patch
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NCLT initiates insolvency against Himalayan Mineral Water ETEnergyWorld
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Array Acquires Consumer Debt Management Company Payitoff Finovate
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Wbg acquires Azets’ Scottish personal insolvency book Insider.co.uk
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Prabowo Plans Debt Relief for Farmers, Fishermen, and SMEs Tempo.co English
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Boldtek Holdings and Subsidiary Enter Liquidation Phase TipRanks
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IBBI, IBA to launch centralised platform for liquidation asset auctions Business Standard
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Begbies Traynor appoints Insolvency Director Credit Connect
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Examining The Interplay Between Sections 29A And 240A Of IBC: Clarifying The Status Of MSMEs Within Insolvency Resolution Framework Live Law – Indian Legal News
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As the sale process unfolds, USNC stated in a press release that it expects to “maintain full operational continuity” across its projects. In addition, the company has obtained debtor-in-possession financing to support its business operations and satisfy its obligations during the court-supervised process.
The agreement: According to an asset purchase agreement reached on October 28, Standard Nuclear is to serve as the stalking horse bidder for USNC’s fuel-related assets and technology development contracts. Under the terms agreed, Standard Nuclear will acquire “substantially all,” as stated by Bloomberg Law, of USNC’s assets for $28 million in cash. This bid establishes a floor for the assets, subject to better…
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