Fitch Ratings has withdrawn abrdn Liquidity Fund (Lux) – Seabury Sterling Liquidity 1 Fund’s ‘AAAmmf’ Money Market Fund Rating, following the fund’s liquidation.
The fund was liquidated and ceased business on 5 November 2025. Fitch will no longer provide ratings or analytical coverage on the fund.
KEY RATING DRIVERS
Not applicable given the withdrawal.
RATING SENSITIVITIES Factors that Could, Individually or Collectively, Lead to Negative Rating Action/Downgrade
Not applicable.
Factors that Could, Individually or Collectively, Lead to Positive Rating Action/Upgrade
Not applicable.
abrdn Liquidity Fund (Lux) – Seabury Sterling Liquidity 1 Fund; Money Market Fund Rating; Withdrawn; WDmmf
Contacts:
Primary Rating…
Read the original article here
Insolvencies jump as rising cost pressures take toll dailybusinessgroup.co.uk
Read the original article here
Executive Summary
This report explores the complexity of student loan debt in Georgia. It details the magnitude of the student loan debt crisis and explains how the costs of college affect students. To understand how the student loan debt crisis affects Georgians specifically, this report analyzes quantitative data from the University System of Georgia (USG) and qualitative data collected from student loan borrowers who graduated from public colleges in Georgia. The author also explores how lawmakers can reduce student loan debt through a comprehensive need-based aid program and by fully investing in and revising the public higher education funding formula.
Investment in Public Higher Education is Good for All Georgians
Public…
Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.
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….
Read the original article here
Italy’s New Extraordinary Administration Insolvency Proceedings: Casting a Wider Net Cleary Gottlieb
Read the original article here
Selena Cooper, 25, is a federal worker in South Carolina. After the government shut down on Oct. 1, the office where she works was closed, and her paychecks stopped coming through. It didn’t take long before she found herself with an overdraft balance on her checking account and $4,000 in credit card debt. To add insult to injury, that’s after having paid off three credit cards just three months prior.
“And I need to pay my bill, pay my bill! But I can’t. The government is closed!” she sang, sharing her experience in a TikTok to the tune of the popular 4 Non Blondes song, “What’s Up.”
The video went viral — hitting home for many others in a similar spot.
There are about 2.9 million…
Read the original article here
NB Distressed Debt Investment Fund to enter voluntary liquidation By Investing.com Investing.com
Read the original article here
NB Distressed Debt Investment Fund to enter voluntary liquidation By Investing.com Investing.com India
Read the original article here
The Delhi bench of the National Company Law Tribunal (NCLT) issued a notice to WinZO on Tuesday (November 11, 2025) after fintech company Paytm filed an insolvency petition against the gaming platform over unpaid dues worth Rs 3.6 crore pertaining to advertisement services.
The two-judge bench, comprising judicial member Justice Jyotsna Sharma and technical member Anu Jagmohan Singh, directed the online gaming startup to submit its reply to the insolvency plea in the next two weeks. The second hearing in the matter has been scheduled for December 15, 2025.
The development comes nearly three months after the Centre imposed a blanket ban on the real-money gaming industry, knee-capping platforms such as WinZo, PokerBaazi,…
Read the original article here
Published
November 12, 2025
France’s Rodez Commercial Court has declared the court-ordered liquidation of Tanneries Pechdo, marking the loss of one of the country’s few…
Read the original article here
Published
November 12, 2025
France’s Rodez Commercial Court has declared the court-ordered liquidation of Tanneries Pechdo, marking the loss of one of the country’s few…
Read the original article here
Former AC Milan owner Yonghong Li, who bought the Serie A club from Silvio Berlusconi in 2017 and lost control a year later, has been declared bankrupt.
The Chinese businessman raised eyebrows when he purchased the Italian team from Berlusconi in April 2017 at a cost of over €500m.
This was largely achieved thanks to a loan worth €303m plus a very high interest rate from Elliott Management.
MILAN, ITALY – APRIL 14: (L-R) AC Milan new board member David Han Li, new AC Milan Owner and President Yonghong Li, new AC Milan CEO Marco Fassone attend a press confernce to unveil AC Milan new owners on April 14, 2017 in Milan, Italy. (Photo by Studio Buzzi/AC Milan via Getty Images)
Now a tribunal in Hong Kong has made a bankruptcy order…


