Insolvency Guardian Media Centre
Are you enjoying your subscription?
Your subscription gives you unlimited access to all of The Daily Memphian’s news, written by nearly 40 local journalists and more than 20 regular freelancers. We work around the clock to cover the issues that impact your life and our community.
You can help us reach more Memphians.
As a 501(c)(3) nonprofit organization, we provide free news access at K-12 schools, public libraries and many community organizations. We also reach tens of thousands of people through our podcasts, and through our radio and television partnerships – all completely free to everyone who cares about Memphis.
Read the original article here
Are you enjoying your subscription?
Your subscription gives you unlimited access to all of The Daily Memphian’s news, written by nearly 40 local journalists and more than 20 regular freelancers. We work around the clock to cover the issues that impact your life and our community.
You can help us reach more Memphians.
As a 501(c)(3) nonprofit organization, we provide free news access at K-12 schools, public libraries and many community organizations. We also reach tens of thousands of people through our podcasts, and through our radio and television partnerships – all completely free to everyone who cares about Memphis.
Read the original article here
Are you enjoying your subscription?
Your subscription gives you unlimited access to all of The Daily Memphian’s news, written by nearly 40 local journalists and more than 20 regular freelancers. We work around the clock to cover the issues that impact your life and our community.
You can help us reach more Memphians.
As a 501(c)(3) nonprofit organization, we provide free news access at K-12 schools, public libraries and many community organizations. We also reach tens of thousands of people through our podcasts, and through our radio and television partnerships – all completely free to everyone who cares about Memphis.
Read the original article here
The National Company Law Tribunal, Mumbai Bench-I (NCLT) recently approved a resolution plan worth ₹3.4 crore submitted by M/s Priyam Projects (I) Pvt. Ltd. for the corporate debtor M/s Steadfast Shipping Pvt. Ltd. (Steadfast Shipping) – a ship leasing company.
The Tribunal approved the resolution plan after noting that the plan had secured 100 percent assent from the Committee of Creditors (CoC). However, the Tribunal maintained that any reliefs or waivers sought in the plan would remain subject to statutory scrutiny by the authorities.
An application was filed by Nilesh Rajendra Kothari, the Resolution Professional (RP) of the corporate debtor Steadfast Shipping under Sections 30(6) and 31 of the Insolvency and…
Read the original article here
From Debt Stress to Relief, FLIN Pioneers a New Era of Tech-Based Debt Settlement Macau Business
Read the original article here
Debt swaps can improve a country’s overall debt profile, and the savings can be invested in development projects and climate action.
Dr. Pepukaye Bardouille is Director of the Bridgetown Initiative and Special Advisor in the Prime Minister’s Office, Barbados; Dr. Rania Al-Mashat is Egypt’s Minister of Planning, Economic Development & International Cooperation, and previously held senior roles at the International Monetary Fund and the Central Bank of Egypt.
As COP30 approaches, countries face pressure to raise climate ambition, notably by updating their Nationally Determined Contributions (NDCs).
But ambition without means is just aspiration.
Many nations are grappling with shrinking aid, rising debt service costs, and worsening
Read the original article here
Actor Salman Khan has withdrawn his insolvency appeal against gym equipment manufacturer Jerai Fitness Limited before the National Company Law Appellate Tribunal (NCLAT), following a settlement between the parties. [Salman Khan v. Jerai Fitness]
On October 6, Khan’s counsel informed the Appellate Tribunal that consent terms had been executed. The coram of Chairperson Justice Ashok Bhushan and Technical Member Arun Baroka granted time for filing the affidavit and posted the matter for October 8.
Today, the parties placed the consent terms on record, following which the matter stood withdrawn.
Khan, through his fitness brand Being Strong, had entered into a trademark licence arrangement with Jerai Fitness. Beginning with a 2018 agreement…
Read the original article here
Nashik-based KGS Sugar Infra Corporation has admitted liabilities of Rs 556 crore. The company was admitted under the corporate insolvency resolution process (CIRP) in October 2019 on an application filed by Canara Bank after it defaulted on its dues.
Grainotch Industries, the successful bidder, has proposed a comprehensive revival package of Rs 242 crore, including fresh working capital and refurbishment funds.
Before the tribunal approved the acquisition, KGS Sugar’s secured creditors had approved the plan almost unanimously, with 99.86% voting in favour of Grainotch Industries, the…
Read the original article here
In a few weeks time, fans can flock to Netflix to check out the next film from director Edward Berger (All Quiet on the Western Front and Conclave). This project is known as Ballad of a Small Player, and it’s a film that follows a crook who while laying low in Macau, finds himself wracking up serious gambling debt from his growing addiction fueled by the many casinos in the city, and then sees how this man adapts to the pressure being put on him by a private detective investigating his past.
The crook, Lord Doyle, is played by Colin Farrell and the investigator, Cynthia Blithe, by Tilda Swinton, and these two titans of cinema are combining with Fala Chen, Deanne Ip, and Alex Jennings, all for this film that…
Read the original article here
JAKARTA, Indonesia, Oct. 8, 2025 /PRNewswire/ — The growing number of online loan defaults has become a primary concern in the current financial state of society. Citing Tempo, as of June 2025, total outstanding online loans grew 25.06% year-on-year, reaching Rp83.52 trillion. The default rate also increased to 2.85%, indicating that many people are overwhelmed by installments across multiple platforms.
FLIN provides Dana Talangan Program to focus on debt settlement and consolidation for salaried employees
Moreover, Financial Services Authority (OJK) data shows that a single individual can hold more than 40 online loans simultaneously, as reported by CNBC. This situation not only burdens personal finances but also poses…
Read the original article here
Anthology lost nearly $80 million over the past two years, according to court filings.
Photo illustration by Justin Morrison/Inside Higher Ed | DenisKot/iStock/Getty Images
After years of chasing growth through mergers and acquisitions, the education-technology behemoth Anthology Inc. has more than $1 billion in debt and declared Chapter 11 bankruptcy last week.
The breakup of this big company isn’t expected to affect institutions that contract with Anthology, since it’s spinning off its products to other buyers. But it’s the latest sign of a changing education-technology market that’s resetting…
Read the original article here
‘Problem gambler’ sues Betfair for failing to prevent £1.5m loss The Times