Chief Executive Pål Lothe Magnussen commented on the process, stating, “AMSC has been a successful dividend distributor over the past years returning more than NOK67 per share in cash distributions in addition to the Solstad Maritime shares.” He added, “We are making progress towards a liquidation of AMSC and delisting from Oslo Stock Exchange, expected to be completed in Q4 2025.”

The company confirmed that the activities in the first half were focused on preparing for the liquidation, and that the remaining cash in AMSC will be distributed to shareholders in connection with the final liquidation process.

Home-Goods stores are one of the many American companies that are facing consequences due to high tariffs. Retailers felt forced to increase the prices of their products due to the continuous increase in tariff rates. Unfortunately, some companies are experiencing it much worse than others. Hence, this retailer could no longer keep up and was fighting to survive. It resulted in the company filing for Chapter 11 bankruptcy.

Impact of high tariff rates

Since the high tariff rates are specifically impacting imported goods, it means that home-goods stores relying on imported goods are suffering severely. Approximately 90% of At Home’s goods are sourced from overseas; thus, the retailer is under a lot of pressure. The company…

1. Introduction

The Supreme Court’s ruling in Kalyani Transco v. M/s Bhushan
Power & Steel Ltd. & Ors. addresses whether procedural
irregularities that occur during the Corporate Insolvency
Resolution Process (“CIRP”) are
sufficient to undo an approved resolution plan under the Insolvency
and Bankruptcy Code, 2016 (“Code”). CIRP
leads to two possible outcomes; either the revival of a company
through resolution or liquidation. Traditionally, courts have
upheld the finality of a resolution plan once the Committee of
Creditors (“CoC”) and the adjudicating
authority approve it. However, this judgment signals a shift,
suggesting that if CIRP suffers from illegality or non-compliance,
judicial intervention may be warranted even…

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The weight of unpaid medical bills, credit card balances, and other financial burdens can feel like a nightmare for many. 

But today, The Atlanta Dream and Cash App made dreams come true when they lifted this heavy feeling for more than 3,500 Atlanta families when they announced the elimination of their debt.

Alongside debt relief organization Forgive Co., they wiped out $10 million in debt, with individual amounts ranging from $500 to $80,000. The announcement was timed to coincide with the 62nd anniversary of Dr. Martin Luther King Jr.’s “I Have a Dream” speech.

“We believe sports is a…

The Dream, motivated by the legacy of Martin Luther King Jr., are collaborating with Cash App and ForgiveCo to eliminate up to $10M in debt for Atlanta-area families. The donations, on the 62nd anniversary of King’s “I Have a Dream” speech, will help over 3,500 recipients whose debts range from $500 to $80,000.

The initiative is the latest phase of the Dream’s partnership with Cash App, which is also the team’s jersey and abdomen patch sponsor and has partnered in the Dream Collective program fortifying minority businesses. ForgiveCo worked with the Dream to identify families from “financially burdened communities” most in need of the debt relief.

“Behind every debt is a real person, a parent, a family under strain,”…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally”…

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