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.
Debt Settlement Market Analysis & Forecast For Next 5 YearsThis press release was orginally distributed by SBWireEdison, NJ -- (SBWIRE)
Just days after calling in administrators, Carnegie Clean Energy has revealed hopes to resurrect the companys wave power business, while
Westpac has announced changes to the way it addresses customers wealth and insurance needs. Westpac chief executive, Brian Hartzer, said:
Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter
Debt Settlement 2019-2025 Debt SettlementMarket Report with Depth Analysis Global Debt Settlement Market report covers the current scenario (with the
Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter
Histogenics(NSDQ:HSGX) said last week that its board of directors approved a restructuring plan that would result in layoffs for all
March 18 at 6:35 AM It was the egg crack heard around the world. Australian Sen. Fraser Anning, a far-right
Indian businessman Anil Ambani has avoided imprisonment for contempt of court after his Reliance Communications completed a payment to Swedens
Debt Consolidation Debt ConsolidationMarket report 2019- A new business intelligence report released byReports monitor with the title Global Debt Consolidation
(MENAFN - Baystreet.ca) The millennial generation is struggling with high debt levels. According to a new study by Hoyes
The Lions have a chequered recent history with sponsors, with former major partner Camperdown Dairy International collapsing in 2017, only

Debt Settlement Market Analysis & Forecast For Next 5 Years

This press release was orginally distributed by SBWire

Edison, NJ — (SBWIRE) — 03/19/2019 — A new business intelligence report released by HTF MI with title “Global Debt Settlement Market 2019 by Company, Regions, Type and Application, Forecast to 2024” has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Debt Settlement Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quan…

Read the full article at: http://www.digitaljournal.com/pr/4213666

Print Friendly, PDF & Email

Just days after calling in administrators, Carnegie Clean Energy has revealed hopes to resurrect the companys wave power business, while selling or winding down its fully-owned solar and micro-grid subsidiary, Energy Made Clean, that was the cause of much of its problems.

In an ASX statement on Monday, Carnegie said it had secured in principle funding support to pursue a recapitalisation of its core CETO technology, in a deal with company director and shareholder Grant Mooney through Mooney & Partners and key stakeholder Asymmetric Credit Partners.

Carnegie which started out as Carnegie Wave Energy also noted that while it had placed the company and its subsidiaries into voluntary administration with KordaMentha, the CETO wave energy s…

Read the full article at: https://reneweconomy.com.au/carnegie-flags-reboot-for-wave-power-business-as-key-investors-provide-funding-13978/

Westpac has announced changes to the way it addresses customers wealth and insurance needs.

Westpac chief executive, Brian Hartzer, said: We are committed to supporting our customers insurance, investment and superannuation needs as part of our service strategy. The changes were announcing today are about focusing our investment where we have genuine competitive advantage and growth opportunities.

The group says the changes reflect its commitment to supporting customers through their financial lives, while responding to the changing external environment.

In summary the Group is:

Realigning its major BT Financial Group (BTFG) businesses into the Consumer and B…

Read the full article at: https://www.brokernews.com.au/news/breaking-news/major-announces-business-restructure-261413.aspx

Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter 11 bankruptcy protection.

Two of the three, Horton Community Hospital and Oswego Community Hospital, have closed in the last few weeks. The third, Hillsboro Community Hospital, remains open under the auspices of a court-ordered receivership.

A spokesman for Kansas Attorney General Derek Schmidt said last week that his office is conducting an ongoing investigation into Horton Community Hospital,but he declined to provide details.

All six bankrupt hospitals at one time were operated by EmpowerHMS, which bought up ailing rural hospitals in Kansas, Missouri and other states with the aim of turning them around. Empower unt…

Read the full article at: https://www.kcur.org/post/three-small-town-kansas-hospitals-declare-bankruptcy-after-months-struggling

Debt Settlement
Debt Settlement

2019-2025 Debt SettlementMarket Report with Depth Analysis

Global Debt Settlement Market report covers the current scenario (with the base year being 2018) and the growth prospects of the global market for 2019-2025.
Thereport presents a comprehensive overview, market size, shares, and growth opportunities of Debt Settlementmarket by product type, application, key manufacturers and key regions.

The global Debt Settlementmarket size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.

Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below:https://www.reportsmonitor.com/request_sam…

Read the full article at: https://microfinanceobserver.com/debt-settlement-market-witness-astonishing-growth-key-players-freedom-debt-relief-national-debt-relief-rescue-one-financial-clearone-advantage

Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter 11 bankruptcy protection.

Two of the three, Horton Community Hospital and Oswego Community Hospital, have closed in the last few weeks. The third, Hillsboro Community Hospital, remains open under the auspices of a court-ordered receivership.

A spokesman for Kansas Attorney General Derek Schmidt said last week that his office is conducting an ongoing investigation into Horton Community Hospital,but he declined to provide details.

All six bankrupt hospitals at one time were operated by EmpowerHMS, which bought up ailing rural hospitals in Kansas, Missouri and other states with the aim of turning them around. Empower unt…

Read the full article at: https://www.kmuw.org/post/three-small-town-kansas-hospitals-declare-bankruptcy-after-months-struggling

Share

Histogenics(NSDQ:HSGX) said last week that its board of directors approved a restructuring plan that would result in layoffs for all but one of the companys employees. The layoffs include CEO Adam Gridley and COO Stephen Kennedy.

Gridley and Kennedy plan to evaluate strategic alternatives for the company in consulting capacities alongside up to four other unnamed employees, the company said in an SEC filing.

The company noted that it expects to record a one-time charge for severance and related expenses of roughly $2.2 million by the end of the first quarter of 2019.

Earlier this year, Histogenics reported that its board approved a restructuring plan with a 65% reduction in its workforce, including CMO Dr. Lynne Kelley and chief business…

Read the full article at: https://www.massdevice.com/histogenics-to-lay-off-all-but-1-employee-in-restructuring/

It was the egg crack heard around the world.

Australian Sen. Fraser Anning, a far-right figure known for his extreme views on immigration, stood behind a bank of microphones at a Saturday news conference in Melbourne, Australia, the day after he issued a statement suggesting New Zealands decision to admit Muslim migrants was to blame for the devastating attack on two mosques that left at least 50 dead. Behind him, a 17-year-old now known worldwide as Egg Boy, steadied his cellphone with one hand and cracked an egg with another, smacking it squarely against Annings head. Without seeming to hesitate, Anning spun around and punched the teenager in the face.

Under ordinary circumstances, egging a politician mid-speech…

Read the full article at: https://www.washingtonpost.com/nation/2019/03/18/fraser-anning-egged-after-mosque-attacks-may-be-australias-most-reviled-politician/

Indian businessman Anil Ambani has avoided imprisonment for contempt of court after his Reliance Communications completed a payment to Swedens Ericsson, two days before a deadline imposed by New Delhis supreme court.

The court found Mr Ambani guilty of contempt last month over RComs repeated delays in paying outstanding fees of $77m to Ericsson for outsourced services. The tycoon had personally promised the court that the payment would be made before the end of last year.

On Monday, Ericsson said that it had received Rs4.6bn ($67m) from RCom, on top of Rs1.2bn previously deposited with the court. The supreme court had ordered that Mr Ambani and two fellow directors face three months in prison if the payment was not completed with inte…

Read the full article at: https://www.ft.com/content/0158b6e8-4982-11e9-8b7f-d49067e0f50d

Debt Consolidation
Debt Consolidation

Debt ConsolidationMarket report 2019-

A new business intelligence report released byReports monitor with the title Global Debt Consolidation Market Growth (Status and Outlook) 2019-2025 has abilities to raise as the most significant market worldwide as it has remained to play a remarkable role in establishing progressive impacts on the universal economy. The Global Debt Consolidation Market Report offers energetic visions to conclude and study market size, market drivers, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing.

The global Debt Consolidationmarket size was xx million US$ a…

Read the full article at: https://marketresearchupdates.com/2019/03/18/debt-consolidation-market-witness-astonishing-growth-key-players-marcus-goldman-sachs-usa-onemain-financial-usa-discover-personal-loans-usa/


(MENAFN – Baystreet.ca) The millennial generation is struggling with high debt levels.

According to a new study by Hoyes Michalos & Associates Inc., two in five insolvency filings in Ontario now come from millennials, defined as people born between 1981 and 1996. And the main debts burdening the generation are student loans and credit cards, according to the report.

“Millennials are a generation buried in student loans which is why we are seeing such a dramatic rise in student debt driven insolvencies,” said the report. “In our 2018 study, almost one in five (18%) insolvencies involved student debt with 64% of student debt insolvencies filed by millennials, followed by Generation X at 31%.”

The average amount owed in s…

Read the full article at: https://menafn.com/1098270794/Millennial-Generation-Burdened-By-Student-Loan-And-Credit-Card-Debt-Report

The Lions have a chequered recent history with sponsors, with former major partner Camperdown Dairy International collapsing in 2017, only months after apparel provided BLK folded.

The debt-ridden Lions are one of a host of AFL clubs who remain heavily reliant on AFL funding, having received a $23.6 million distribution from the league last year.

At odds: The AFL and betting companies have had an on-and-off relationship over past years.

At odds: The AFL and betting companies have had an on-and-off relationship over past years.Credit:neds.com.au

The club was however recently boosted by an announcement that the Federal Government would provide $15 million funding for the Lions long-awaited training and administration facility in Springfield, about 33 kilometres from the Brisbane CBD.

Should the Lions sign with Neds, it would come des…

Read the full article at: https://www.theage.com.au/sport/afl/betting-sponsor-set-for-afl-jumper-return-at-brisbane-lions-20190317-p514xv.html