The number of people availing of debt solutions through the Insolvency Service of Ireland has increased. A total of 1,302 applications were received by the ISI from people who between them owed 610 million in the first quarter of 2017. The equivalent figure in the first quarter of 2016 was 570 people, an increase of…
15:58 25/05/2017 MOSCOW, May 25 (RAPSI) The Moscow Commercial Court on Thursday declared ex-president of Vneshprombank Larisa Markus sentenced to 9 years in prison for embezzling 114 billion rubles (about $2 billion) bankrupt upon the application of VTB24 bank, RAPSI learnt in the court. In April, the court granted another petition lodged by VTB24 seeking…
May 25 Subex Ltd * Says proposed group restructuring of co’s business * Says restructuring to result in segregation of co’s business into separate verticals * Says Subex Secure & Analytics Solutions to be transferred to group entity Subex Digital LLP * Says revenue maximization solutions would be transfrerred to subex assurance llp after restructuring…
CLOSE You can choose the repayment strategy that will boost your psyche or the method that will cost less over time.Video provided by Newsy Newslook File photo taken in 2014 shows a graduate of Northwest Florida State College wears her graduation cap at the school’s commencement ceremony in Niceville, Fla.(Photo: Nick Tomecek, AP) Federal investigators…
May 25 Subex Ltd * Says proposed group restructuring of co’s business * Says restructuring to result in segregation of co’s business into separate verticals * Says Subex Secure & Analytics Solutions to be transferred to group entity Subex Digital LLP * Says revenue maximization solutions would be transfrerred to subex assurance llp after restructuring…
Sydney Thursday May 25, 2017 Some of Topshop’s Australian stores could close after the company operating them was placed in voluntary administration. Thursday May 25, 2017 Photo: AAP/Dean Lewins Thursday May 25, 2017Comments … Read the full article at: http://indaily.com.au/news/business/2017/05/25/topshop-australia-voluntary-administration/
Introduction Courts’ jurisdiction Potential for reform Introduction Jersey has a familiar range of legal processes and remedies for the restructuring and insolvency of corporations. The principal provisions are contained in the Companies (Jersey) Law 1991 and the Bankruptcy (Désastre) (Jersey) Law 1990. These have been consistently applied and developed by the Royal Court. While certain…
IF YOU’RE struggling with runaway debt, be careful who you turn to for help. There’s no shortage of “debt management firms promising rapid solutions to overwhelming debt. Their services typically include bankruptcy advice, formal and informal debt agreements and debt consolidation. Others advertise “cleaning, “repairing, or “washing away default listings on personal credit reports. For…
GET YOUR COMPANY TO HELP Some private companies offer student debt payments — say, $100 a month directly to the loan principal — as an employee benefit, similar to health insurance or 401(k) contributions. A 2016 report from the Society for Human Resource Management found that 4 percent of member companies and organizations surveyed offered…
Applications for personal insolvency arrangements more than doubled in the first three months of this year when compared to the equivalent period in 2016. The total received between last January and April was 1,144. The number of arrangements finalised in the same period rose by almost one-fifth to 179. The Insolvency Service of Ireland said…