A federal judge sentenced former Massachusetts state Rep. David Nangle to 15 months in prison on Wednesday after th Lowell Democrat pleaded guilty earlier this year to illegally using campaign funds.
He used the money to fund a lifestyle that included golf club memberships and casino trips to Connecticut and lying to banks about his debt to obtain mortgages and other loans.
Our redesigned local news and weather app is live…
Read the full article at: https://www.nbcboston.com/news/politics/former-top-dem-in-mass-house-sentenced-to-15-months-in-prison/2493127/
Feel like your multiple debts have gotten a bit messy lately? Well, it could be time for a spring clean!
Managing multiple debts can be tricky, from making car or personal loan repayments to paying off your credit card. But thats where a debt consolidation loan can make life a little easier (and likely cheaper!).
But are debt consolidation loans really that popular? To put it simply, yes they are.
According to online personal loan lender SocietyOne, about half (50%) of their loans taken out each month are for debt consolidation, with the average loan sitting at around $20,000.
SocietyOnes chief marketing officer, Nicole Avery breaks down how it all works.
Say you have a credit card (or a few of them), store cards and perhaps an existing car…
Read the full article at: https://mozo.com.au/personal-loans/articles/debt-consolidation-loans-a-popular-way-to-dust-away-debt-says-societyone
The Supreme Court of India
The Supreme Court on Wednesday said that principal object of the Insolvency and Bankruptcy Code (IBC) is revival of corporate debtor and to make it a going concern and every attempt should be made to revive it with liquidation being the last resort.
The top court dismissed an appeal filed by an ex-employee of a hotel in Chennai who was aggrieved by the resolution passed by the Committee of Creditors (CoC) for withdrawal of corporate insolvency resolution proceedings (CIRP) and challenged the order of NCLT permitting withdrawal of such CIRP in respect of the corporate debtor (hotel).
On September 13, a two-judge bench of the top court had held that the CoC approved resolution plan submitted to the National…
Read the full article at: https://www.moneycontrol.com/news/india/object-of-ibc-to-revive-corporate-debtor-liquidation-last-resort-supreme-court-7471811.html
LUFA president says union has made a D&O claim against Laurentians leadership under insolvency legislation
Call Now ButtonThe union representing Laurentian University faculty is going after insurance money held by the insolvent university, saying the universitys leadership mismanaged its finances.
Laurentian University Faculty Association (LUFA) president Fabrice Colin explained that lawsuits cannot be filed against Laurentian at this time, as the university is still under court protection through the Companies Creditors Arrangement Act (CCAA).
However, under the auspices of the CCAA, LUFA was able to file something called a D&O (directors and officers) claim against Laurentian on behalf of its members.
The union did just that at the end of July, filin…
Read the full article at: https://www.baytoday.ca/local-news/laurentian-faculty-going-after-lu-insurance-money-claiming-mismanagement-4336299
The hammer-headed Senate Minority Leader says hes not bluffing. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images
In trying to adequately describe the current stalemate in Washington over the necessary chore of avoiding a calamitous default on the nations public debt, I have struggled with several metaphors. Are Mitch McConnell and his Democratic opponents two Amish horse-carts slowly moving toward a mid-road collision? Two sumo wrestlers circling each other? A pair of three-toed sloths making love?
You get the idea. Congressional Democrats (and implicitly President Biden, who may soon have to publicly become more engaged in the absurd stare-down) unsurprisingly want bipartisan cover for a debt-limit increase or suspension,…
Read the full article at: https://nymag.com/intelligencer/2021/09/mcconnell-insists-he-wont-help-democrats-raise-debt-limit.html
Reality TV star Kerry Katona will host a series of segments on the Channel 4 show – and former glamour model Katie ‘won’t be returning’
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Kerry Katona opens up on her upcoming breast surgery
Go to TopKerry Katona has reportedly landed herself a presenting job on Steph’s Packed Lunch – replacing her pal Katie Price.
The reality star and former Atomic Kitten singer, 41, is set to host a series of segments on the Channel 4 show – and former glamour model Katie “won’t be returning”.
Steph McGovern, who hosts the daytime show, recently revealed there are no plans to have mum-of-five Katie back following her alleged assault.
…
Read the full article at: https://www.mirror.co.uk/3am/celebrity-news/kerry-katona-lands-presenting-gig-24995089
Outlook September 15, 2021 21:59 IST Object of IBC to revive corporate debtor, liquidation last resort: SC
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Sep 15 (PTI) The Supreme Court on Wednesday said that principal object of the Insolvency and Bankruptcy Code (IBC) is revival of corporate debtor and to make it a going concern and every attempt should be made to revive it with liquidation being the last resort.
The top court dismissed an appeal filed by an ex-employee of a hotel in Chennai who was aggrieved by the resolution passed by the Committee of Creditors (CoC) for withdrawal of corporate insolvency resolution proceedings (CIRP) and challenged the order of NCLT permitting withdrawal of such CIRP in respect of the corp…
Read the full article at: https://www.outlookindia.com/newsscroll/object-of-ibc-to-revive-corporate-debtor-liquidation-last-resort-sc/2160650
The UK government has announced that temporary restrictions on creditor action introduced in the Corporate Insolvency and Governance Act 2020 are to be phased out. These temporary restrictions were put in place to protect businesses in financial distress, as a result of the coronavirus (COVID-19) pandemic, from being forced into insolvency.
The current restrictions on the service of statutory demands and presentation of winding-up petitions by a companys creditors are to be lifted on 1 October 2021, save that, until 31 March 2022, certain restrictions imposed on commercial landlords will apply. Additionally, certain new temporary restrictions on the presentation of winding-up petitions are to be introduced.1
As described in an earlier …
Read the full article at: https://www.jdsupra.com/legalnews/covid-19-uk-government-announces-end-of-4120063/
LUFA president says union has made a D&O claim against Laurentians leadership under insolvency legislation
The union representing Laurentian University faculty is going after insurance money held by the insolvent university, saying the universitys leadership mismanaged its finances.
Laurentian University Faculty Association (LUFA) president Fabrice Colin explained that lawsuits cannot be filed against Laurentian at this time, as the university is still under court protection through the Companies Creditors Arrangement Act (CCAA).
However, under the auspices of the CCAA, LUFA was able to file something called a D&O (directors and officers) claim against Laurentian on behalf of its members.
The union did just that at the end of July, filin…
Read the full article at: https://www.sudbury.com/local-news/laurentian-faculty-going-after-lu-insurance-money-claiming-mismanagement-4335087
A debt consolidation loan is a popular product used by thousands of Britons every year as a way to help pay off multiple debts. David Beard, founder of price comparison site Lending Expert, explains.
With this type of product, you are able to take any outstanding debts that you owe including credit cards, personal loans, mortgages and more – and place them into one single point of repayment, hopefully at a more affordable rate too.
This process should be more practical, convenient and help you to eventually become debt-free.
With the average British household needing around 19,000 to run their home each year and to stay on top of the bills, this can be an effective form of finance, but there are things you should consider.
The pros
A …
Read the full article at: https://www.northnorfolknews.co.uk/lifestyle/debt-consolidation-loan-pros-and-cons-8325556
CHARLESTON Agricultural and horticulture products Art Hall winners at the at this year’s Coles County Fair livestock show have been announced.
Agricultural Products – Grains/Seeds/Forage/Crops – Soybeans
- 1st – Bridget Overton
Agricultural Products – Grains/Seeds/Forage/Crops – Wheat
- 1st – Bridget Overton
Agricultural Products – Grains/Seeds/Forage/Crops – Shelled Corn, Yellow
- 1st – Bridget Overton
Agricultural Products – Grains/Seeds/Forage/Crops – Shelled Corn, White
- 1st – Bridget Overton
Agricultural Products – Grains/Seeds/Forage/Crops – Corn, Yellow, 6 Ears
- 1st – Vivian Hallett
Agricultural Products – Grains/Seeds/Forage/Crops – Wheat, Smooth, In Straw
- 1st – Vivian Hallett
Agricultural P…
Read the full article at: https://jg-tc.com/business/agriculture/coles-county-fair-agricultural-and-horticulture-awards-announced/article_d23e9086-afb1-5b6c-87c4-bb740c5788d8.html
12:53 15/09/2021
MOSCOW, September 15 (RAPSI) The Ninth Commercial Court of Appeals rejected an appeal filed by Moscows confectionary Menshevik, whose ex-owner Ilya Averyanov had been acquitted of the 2017 murder of a security guard, against a ruling on its bankruptcy, according to court records.
Menshevik was declared bankrupt by the Moscow Commercial Court in July.
The court based its ruling on a report on the financial standing of the debtor submitted by the bankruptcy commissioner, according to which the properties and assets of Menshevik were insufficient to pay off its debts, and restoration of the confectionarys financial and economic operations was impossible.
The Moscow Commercial Court introduced a supervisory procedure agains…
Read the full article at: http://rapsinews.com/judicial_news/20210915/307375146.html
