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Six freight carriers filed for bankruptcy in November, with some unsecured claims going well into six figures. These transportation firms filed for Chapter 11
Details for Investors and Shareholders Background: Keppel Ltd., a major Singapore-based conglomerate, has officially completed the voluntary liquidation of its
The Republic of Iceland – Government Debt Management
The Ministry of Finance and Economic Affairs has published its Medium-Term Debt Management Strategy (MTDS) for 2026–2030. The MTDS describes arrangements for Treasury debt financing over the period and sets forth targets and criteria for the implementation of debt management.
The Strategy creates a framework for decisions on Treasury borrowing and debt administration. Its key objective is to ensure that the Government’s financing needs and payment obligations are met at the lowest possible cost consistent a prudent degree of risk.
The Strategy lays down debt management targets and criteria, describes the current structure of the Treasury debt portfolio, and…
The Ministry of Finance and Economic Affairs has published its Medium-Term Debt Management Strategy (MTDS) for 2026–2030. The MTDS describes arrangements for Treasury debt financing over the period and sets forth targets and criteria for the implementation of debt management.
The Strategy creates a framework for decisions on Treasury borrowing and debt administration. Its key objective is to ensure that the Government’s financing needs and payment obligations are met at the lowest possible cost consistent a prudent degree of risk.
The Strategy lays down debt management targets and criteria, describes the current structure of the Treasury debt portfolio, and outlines the key risks involved. It also describes the institutional…
Supreme Court IBC Moratorium Doesn’t Bar Voluntary Surrender Of Corporate Debtor’s Leased Property To Lessor: Supreme Court Cause Title: Sincere Securities Private Limited & Ors. Versus Chandrakant Khemka & Ors. Citation : 2025 LiveLaw (SC) 774 The Supreme Court on Tuesday (August 5) held that the moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC), does…
2025 brought a wave of bankruptcy filings across California, affecting businesses in industries ranging from real estate to food service. The filings spanned diverse sectors, including luxury homebuilding, skincare, pizza chains, and healthcare, as rising debt and financial pressures mounted.
11 California Companies That Filed for Bankruptcy in 2025
Eleven companies, including Rizo-Lopez Foods, Brooke Rodd Designs, LLC, Savi Construction, LLC, and others, filed bankruptcy this year. The roundup outlines reasons for the filings, with rising debts being a common factor across industries. Further details, including the current state of the California businesses, are discussed here:
Background: Keppel Ltd., a major Singapore-based conglomerate, has officially completed the voluntary liquidation of its dormant wholly-owned subsidiary, Techbod Info Tech (Shanghai) Co. Ltd. The process was initiated as part of the company’s ongoing review of its corporate structure and asset optimization strategy.
Implications: The subsidiary in question was dormant, meaning it was not carrying out any active business operations. As such, the liquidation is not expected to have a material impact on Keppel Ltd.’s financial position, ongoing operations, or future prospects. The move aligns with prudent corporate governance practices, enabling the company to streamline…
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Knapp, 59, has been working in public service as a nurse since 2012 and has been enrolled in the Public Service Loan Forgiveness program since 2017, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments.
She said she didn’t know PSLF existed when she entered public service, but once she saw it was possible to get her six-figure balance forgiven, she was banking on the relief. She now has a projected six payments left to make.
However, she’s been in payment limbo since the summer of 2024, and she’s worried that the relief she’s counting on will keep getting pushed back.
