A Burton insolvency expert has backed Government plans to allow people struggling with debts a vital six-week breathing space to get their finances in order. The proposals will give cash-strapped people protection from further interest, charges and enforcement action while they seek solutions to their financial problems. The six-week moratorium will allow people the chance…
Insolvency & Bankruptcy Board of India chairman M.S. Sahoo will be a member of the committee to be led by the secretary at the ministry of corporate affairs. Photo: Priyanaka Prashar/Mint Mumbai: The government has set up a 14-member committee to review and improve the implementation of the insolvency and bankruptcy code (IBC) a year…
Inside JNJ’s Medical Device Business: Developments, Future Growth PART 1 OF 8 By Sarah Collins | Nov 17, 2017 1:08 pm EST Medical Devices 3Q17 performance In 3Q17, Johnson & Johnson (JNJ) reported ~$19.7 billion in sales. The companys Medical Devices business generated ~33.5% of the total sales, amounting to ~$6.6 billion. The segments sales rose…
Bill Moak, Consumer Watch Published 11:00 a.m. CT Nov. 17, 2017 CLOSE Americans die with an average debt of $62,000. Here are some ways to manage that debt before it’s too late. USA TODAY Bill Moak(Photo: Sarah Warnock/Clarion Ledger) The Consumer Financial Protection Bureau has sued the nations largest provider of debt settlement services, alleging…
China Huishan Dairy Holdings, struggling under billions of dollars worth of debt, is preparing for provisional liquidation in a legal escalation of one of the most spectacular collapses of a Hong Kong-listed firm in recent years. Shares in the mainland group, once a hot property with investors, have been suspended since they plunged 85 per…
Somalia needs humanitarian aid to stem its short-term suffering, but that cash will not break the country’s deadly cycles of drought, hunger, and poverty. To do that, the IMF must forgive Somalia’s crushing debt, just as it has for nearly every other heavily indebted poor country. LONDON Julius Nyerere, the first president of Tanzania,…
Hackney Law Centre has reopened its pro bono clinic for debt problems and help with claiming benefits thanks to volunteers from law firms Debevoise and Plimpton LLP and Faegre Baker Daniels LLP, supported by students from BPP Law School and staff at Hackneys libraries service. The important service will once again help Hackney residents needing…
Fri, Nov 17, 2017 – 9:11 PM GUOCOLAND Limited announced on Friday that it has undertaken an internal restructuring exercise where certain hotels in the GuocoLand Group, held and owned by different subsidiaries within the GuocoLand Group in Singapore and Malaysia, will be consolidated under a distinct strategic business unit GuocoLand Hotels (GLL Hotels). The…
SAN MATEO, Calif., Nov. 17, 2017 /PRNewswire/ — This year, more Americans than ever are dealing with the aftereffects of fires, floods, hurricanes, accidents and acts of violence. Plus, the season of snowstorms and blizzards is not far away. For people who are trying to recover from a disaster, Andrew Housser, co-founder and CEO of…
A Morrisons manager who hanged himself over his gambling addiction was dumped by his girlfriend after apparently spending their holiday cash at the bookies, an inquest has heard. Philip Tomlinson, 29, took his own life at a beauty spot in July after he became overwhelmed by a ”punishing” addiction to online gambling, the hearing was…