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Advertorial ARYZA’s new head of corporate insolvency, Tom O’Connor. Aryza, a leading provider of financial software solutions, announces the appointment
ARYZA’s new head of corporate insolvency, Tom O’Connor.
Aryza, a leading provider of financial software solutions, announces the appointment of Tom O’Connoras its Head of Corporate Insolvency.
With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience and expertise to Aryza.
Tom’s journey in insolvency began at Robson Cotter Insolvency Group, where he served as an Insolvency Accountant.
During his tenure, he demonstrated exceptional proficiency in managing individual case administration, overseeing liquidations, receiverships, bankruptcies, and Personal Insolvency Agreements….
Millions of Australians are set to have $3 billion worth of HECS-HELP debt wiped under a plan to revamp student loan indexation. The move was confirmed as Treasurer Jim Chalmers outlined the 2024 Federal Budget on Tuesday night.
Instead of interest, student debts rise each year in line with the consumer price index (CPI). But after an inflation blow-out, and millions being saddled with big increases, the government has moved to cap indexation to whichever is lowest out of CPI and the wage price index (WPI).
Yahoo Finance has put together a simple explainer to help you understand all the changes and how they will impact you.
Find out how the 2024 Federal Budget will impact you by following Yahoo Finance’s live coverage here.
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.theaustralian.com.au/subscriptionterms for full details.
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.theaustralian.com.au/subscriptionterms for full details.
SEOUL, SOUTH KOREA – MARCH 20: Shohei Ohtani #17 of the Los Angeles Dodgers talks to his interpreter … [+] Ippei Mizuhara in the dugout during the 2024 Seoul Series game between Los Angeles Dodgers and San Diego Padres at Gocheok Sky Dome on March 20, 2024 in Seoul, South Korea. (Photo by Masterpress/Getty Images)
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Shohei Ohtani’s offseason was so eventful that he got married, signed a $700 million contract with the Los Angeles Dodgers, and adopted a puppy. He could’ve done without the added drama of Ippei Mizuhara, his longtime interpreter and confidant, using $4.5 million of his money to pay off illegal sports gambling debts.
What we know about the situation is that $4.5 million in wire transfers was sent to Mathew…
Alterna Capital Partners has joined the queue of lessors at India’s National Company Law Tribunal (NCLT) seeking to have SpiceJet (SG, Delhi International) declared insolvent. An Alterna special purpose vehicle (SPV) is attempting to enforce a March 2023 UK High Court judgement awarding it more than USD11 million.
The matter of Alterna Aircraft V B Limited v. SpiceJet Limited was filed on December 23 and listed before the Delhi bench of the NCLT on January 4. The lessor is pursuing SpiceJet for USD11.1 million and GBP265,000 (USD337,850) awarded to it on March 2, 2023, by Justice Bright at the Commercial Court of the High Court of England and Wales. Alterna Aircraft V B Limited is an Alterna…
LONG BEACH, Calif.–(BUSINESS WIRE)–We are thrilled to announce a major development at IAPDA that marks a significant step forward in our mission to unite and strengthen the debt relief industry. IAPDA, the leading certification and accreditation company in the debt relief sector, is proud to announce that PFE, the esteemed certification and accreditation resource for debt management, is now merging under the IAPDA umbrella.
At IAPDA, we believe in collaborating with all facets of the debt relief industry to foster growth, innovation, and excellence. This merger represents a pivotal move towards creating a more cohesive, robust, and respected industry that works together to provide the best solutions and experiences for those…
There’s a growing sense Fisker is circling the drain, with the automaker’s Austrian division filing for bankruptcy protection overnight.
In a statement Fisker said its Austrian arm has “voluntarily filed to open a restructuring proceeding via self-administration”.
Business publications suggest this period of self-administration is similar to Chapter 11 bankruptcy protection in the US.
The automaker claims this move will allow Fisker Austria to pay employees, as well as “continue delivering its vehicles to customers to the extent possible, providing service, and updating its over-the-air software”.
Fisker Ocean
At the beginning of the week Magna Steyr, the Austrian contract manufacturer that builds the Ocean…
By Felix ADDO, President of the Ghana Restructuring and Insolvency Advisors
This is a summarized article of that published in the national insolvency journal, Corporate Insolvency and Restructuring Journal.
“Restructuring” has become a household word in Ghana these days and for good reason. Most informed readers are aware of the current economic crisis facing the country and the engagement with the International Monetary Fund (IMF) for an Extended Credit Facility of about $ 3 billion.[2] A key conditionality of the IMF Facility is the restructuring of our debt burden to a “sustainable” level.
Perhaps, the least known and unheralded tool available to businesses in financial distress is the Corporate Insolvency and…
Faced with growing attention over a theft and gambling scandal, baseball superstar Shohei Ohtani on Monday adamantly denied betting on any sport or paying a bookie and placed the blame for the improprieties squarely on his former interpreter who the twice MVP alleged was stealing money from his account.
Ohtani, who during the offseason signed baseball’s richest contract with World Series favorites Los Angeles Dodgers, told reporters he didn’t know money – reportedly millions – was being sent from one of his bank accounts to a bookmaker until five days ago when he met one-on-one with his longtime interpreter Ippei Mizuhara…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.theaustralian.com.au/subscriptionterms for full details.
