Galway Bay fm newsroom 209 insolvency arrangements were recorded in Galway from 2014 to 2018.
Personal insolvency arrangements are designed to return debtors to solvency while keeping them in their home where possible.
The data from the Insolvency Service of Ireland also reveals Galway recorded 126 bankruptcies during the period.
The report finds personal insolvency arrangements were up 30 percent in the final quarter of 2018, when compared to quarter three.
959 applicants sought personal insolvency arrangements in 2018, according to the latest report from the ISI.
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SAN ANTONIO–(BUSINESS WIRE)–iHeartMedia, Inc. (PINK: IHRTQ) (iHeartMedia) today announced that the
United States Bankruptcy Court for the Southern District of Texas (the
Court) has confirmed the Companys Plan of Reorganization (the Plan).
The Company expects to complete its restructuring process in the first
half of 2019.
iHeartMedia is Americas number one audio company, with unparalleled
multi-platform capabilities across broadcast radio, podcasts,
influencers, live events, social marketing, digital and data that
uniquely serve the needs of digital and traditional marketers and a
consumer reach in the U.S. greater than any other media outlet, said
…
Read the full article at: https://www.businesswire.com/news/home/20190122005922/en/iHeartMedia-Announces-Confirmation-Plan-Reorganization
(Reuters) – Hedge funds Elliott Management and Starboard Value have taken stakes in eBay Inc (EBAY.O) and are pushing for changes including the sale of some of the e-commerce companys businesses.
In a letter to the companys board, Elliott asked eBay to hive off its StubHub ticket sales business and eBay Classifieds Group as part of a plan the hedge fund says could double the companys value.
Starboard has also taken a significant stake in eBay and been pushing for changes including asset sales in the past few months, a source familiar with the matter said separately. Starboard did not respond to a request for comment.
Shares of eBay rose as much as 12 percent before trading up 5.7 percent at $32.78 early Tuesday afternoon. They had lost a…
Read the full article at: https://www.reuters.com/article/us-ebay-elliott/elliott-urges-ebay-to-restructure-business-to-double-market-value-idUSKCN1PG1J7?feedType=RSS&feedName=technologyNews
HOUSTON, Jan. 22, 2019 /PRNewswire/ –Gastar Exploration Inc. (OTCQB: GSTC) (the “Company” or “Gastar“) announced today that the conditions to effectiveness of its Chapter 11 Plan of Reorganization (as modified) (the “Plan“), which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on December 20, 2018, have been satisfied and the Company has emerged from bankruptcy as a private company. Through this process, the Company has significantly enhanced its financial position by eliminating more than $350 million of debt and preferred equity obligations from its balance sheet. Pursuant to the Plan, the Company also converted its corporate form from a Delaware corporation to a Delaware limited liab…
Read the full article at: https://markets.businessinsider.com/news/stocks/gastar-exploration-successfully-completes-financial-restructuring-and-emergence-from-bankruptcy-1027887622
Vodafone has kicked off the latest restructuring of its UK business that will see up to 2,700 workers asked to move.
The plan will involve the closure of smaller offices, notably a hub in Bracknell that Vodafone acquired as part of its takeover of Cable & Wireless, with work centralised in larger offices in London, Newbury and Manchester. Workers that cannot relocate will leave Vodafone but the company expects its overall staff numbers to remain broadly similar after the restructuring as it replaces people that leave.
Vodafone will spend 10m in Newbury, its historic headquarters, to boost its network operations centre to embed the fixed-line operations that are run out of Bracknell. A number of consumer and digital roles will howeve…
Read the full article at: https://www.ft.com/content/cf2cf45c-1e63-11e9-b126-46fc3ad87c65
Tens of thousands of steelworkers involved in the UKs largest corporate pension restructuring were given little time to make very complex decisions, which left some facing potential financial losses, according to the findings of an independent review.
The most significant concerns related to those choosing to transfer their pension out of the British Steel Pension Scheme (BSPS) scheme, said Caroline Rookes, a former head of the Money Advice Service.
Ms Rookes was asked by the Pensions Regulator to conduct an independent review of the communications and support provided to members of the scheme after their pensions were decoupled from Tata Steel UKs business in 2017, in a move designed to help shore up the steelmakers UK operations.
Bu…
Read the full article at: https://www.ft.com/content/91e639c2-1e55-11e9-b126-46fc3ad87c65