FM tables IBC amendment bill to speed up insolvency cases MSN
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Avance Gas Holding Ltd’s decision to pursue a voluntary liquidation and de-listing marks a pivotal moment in its corporate history. Shareholders approved the winding-up process on May 16, 2025, appointing Michael Penrose of EY Bermuda Ltd. and Igal Wizman of EY Bahamas Ltd. as Joint Liquidators (JLs). The de-listing from the Euronext Oslo Børs, effective August 25, 2025, underscores a strategic shift to conclude operations in a structured, transparent manner. For investors, this move raises critical questions about the company’s financial health, the rationale behind the liquidation, and the potential for residual asset distribution.
Strategic Rationale: A Calculated Exit
Avance Gas’s liquidation reflects a response to evolving…
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Increasing number of Polish businesses in debt despite economic growth TVP World
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COMMENT: Russia’s debt relief scheme masks war spending in regional budgets MSN
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A YOUNG mother was given a brutal reality check after revealing her family is drowning in debt because of her husband’s risky day trading.
She called into The Ramsey Show to ask for help, explaining the couple had lost $200,000 and was on the brink of losing their home.
The caller, named Ava, phoned in from Charleston, South Carolina.
She told hosts Dave Ramsey and George Kamel that her husband refinanced their house to fund day trading – a high-risk style of buying and selling stocks within the same day.
Ava said her…
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After 120 years, Murray & Roberts heads towards liquidation MSN
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After 120 years, Murray & Roberts heads towards liquidation IOL
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Explore Gambling.com Group’s Fair Values from the Community and select yours
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. We can see that Gambling.com Group Limited (NASDAQ:GAMB) does use debt in its business. But the more important question is: how much risk is that debt creating?
…
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The High Court has placed D.T. Dobie & Company (Kenya) Limited under liquidation and an official receiver appointed as the liquidator of the motor vehicle dealer.
In a notice dated August 15 issued pursuant to the Insolvency Act, Mark Gakuru confirmed his appointment as the official receiver and liquidator of the company following a special resolution passed on June 3, 2025.
“Pursuant to the provisions of the Insolvency Act, take notice that the official receiver was appointed as liquidator of the property of D.T. Dobie & Company (Kenya) Limited following a special resolution dated 3rd day of June, 2025,” the notice reads in part.
According to the court notice, all creditors of the company have been directed to lodge…
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Public employees such as teachers, nurses, and social workers may lose eligibility for student loan forgiveness if their workplaces are accused of engaging in activities deemed “illegal,” under a new proposal from the Trump administration.
As per a report by The Times of India, the draft regulation, released on Friday, August 15, empowers the education secretary to determine whether a nonprofit or government entity can participate in the Public Service Loan Forgiveness (PSLF) program. Activities flagged as grounds for exclusion include providing gender-affirming care, supporting immigrants, or aiding groups with alleged ties to terrorism.
Background on PSLF
Established in 2007, the PSLF program cancels federal student debt for…
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After 120 years, Murray & Roberts heads towards liquidation MSN


