VANCOUVER, BC–(Marketwired – March 21, 2016) – Sands & Associates, BC’s largest firm of Credit Counsellors and Licensed Insolvency Trustees released results of their fourth annual BC Consumer Debt Study today. The 2016 BC Consumer Debt Study provides an in-depth look at consumers’ debt levels, the factors causing individuals’ financial difficulties, with some additional insights into…
(Adds details and background) RABAT, March 21 (Reuters) – A Moroccan court has placed the country’s only oil refiner Samir into liquidation and named an independent trustee, a company source and local media said on Monday. Samir has 10 days to lodge an appeal against the decision, business news website Medias24 reported.…
The Romanian energy company Complexul Energetic Hunedoara (CEH) will go bankrupt. The only solution to save it is for the state to compensate the EUR 268 million debts that the company has at the coal mines that supply it, according to CEH judicial administrator.These should be transferred to a new firm that receives…
2016-03-21T13:12+02:00 13:12 21.03.2016 Kyiv’s district administrative court on March 16, 2016 declared void and dismissed National Bank of Ukraine (NBU) resolution No. 934 dated December 24, 2015 on placing public joint-stock company Ukrinbank to the list of insolvent banks. According to the court decision, the court obliged the NBU to give 95 days to the…
Image copyright Powa Image caption Powa’s website now carries a message from its administrators on its website It was one of Britain’s brightest tech start-ups, praised by David Cameron, and a rare British “unicorn” – a company valued at over $1bn (£694m) before floating on a stock market. Its dynamic founder Dan Wagner claimed last…
A used car dealer who sold his employers stock to fund a gambling addiction has been handed an eight month suspended jail sentence and 180 hours of unpaid work. Steven Armstrong, of Butterley Hill, Ripley admitted selling vehicles owned by Vertu Volkswagen West Bridgford, Nottingham, and kept the value of the sales between October 15, 2014, and…
Two empty chairs at the U.S. Supreme Court could be full of significance as the remaining justices consider whether Puerto Rico can ease its fiscal crisis with a law that would let the islands public utilities restructure more than $20 billion in debt. The U.S. territory will make its case Tuesday to what probably will…
Powa: The start-up that fell to earth Rory Cellan-Jones Technology correspondent 21 March 2016 From the section Technology Image copyright Powa Image caption Powa’s website now carries a message from its administrators on its website It was one of Britain’s brightest tech start-ups, praised by David… Read the full article at: http://www.bbc.co.uk/news/technology-35860814
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News You may also like: March 21, 2016, 8:54 am The net loss for Pickenpack Holding Germany, the frozen fish processor now in an insolvency process, was 25.83 million in its latest reported financial year. Pickenpacks latest financial results, filed earlier in 2016 on the…
Paying off student loans isnt easy and can take years, but the Department of Education is trying to make it easier through streamlined repayment options. In a conference call Friday with U.S. student reporters, Education Secretary John King Jr. spoke about two ways the department is attempting to streamline the student loan repayment process: income-driven…