Ryanair is buying 75 per cent of an airline founded by multiple Formula One champion, Niki Lauda, in its first acquisition in 15 years. The move gives the Irish carrier a foothold in the former Air Berlin business, which Ryanair was eyeing after the German airline was declared insolvent last year. Ryanair said on Tuesday…
EXCLUSIVE, Nick Evans and Tim Clarke | The West Australian Wednesday, 21 March 2018 2:00AM Veronica MacphersonPicture: Australian Accused Ponzi princess Veronica Macpherson who stands accused of owing more than $250 million to thousands of investors in her failed Pilbara property scheme was declared personally bankrupt yesterday. A brief hearing in the Federal Circuit Court…
After trying and failing to find a buyer, the Weinstein Company is officially filing for bankruptcy which is a game changer for Harvey Weinsteins alleged victims. Founded by Weinstein and his brother Bob Weinstein in 2005, the company was already in some financial trouble before the allegations of sexual assault and harassment against Harvey Weinstein…
SEATTLE–(BUSINESS WIRE)–JND eDiscovery, a division of JND Legal Administration, has appointed David Hanika as regional vice president in the Pacific Northwest. David will be working out of JNDs headquarters in Seattle, Washington. In his role, David is responsible for business development in all areas of eDiscovery, forensics, managed services, litigation readiness and analytics. As JND…
Policymakers have been struggling to identify ways to deal with Americas staggering student loan debt. As of January 2018, Student Loan Hero estimated total outstanding student loan debt at $1.48 trillion, affecting 44 million Americans. Thanks to this debt burden, young Americans are having difficulty achieving typical financial milestones such as home ownership. Heres a…
(Reuters) – Toys R Us heads to U.S. Bankruptcy Court on Tuesday to defend its liquidation plan against an onslaught of objections from creditors, particularly suppliers demanding payment for thousands of toys ranging from Poopeez to Bratz. FILE PHOTO – People pass by Toys R Us store at Times Square in New York, U.S., March…
AUSTRALIANS are getting better at flexing their frugality with credit card debt plummeting to a 10-year low. Reserve Bank of Australia data revealed while there was still a hefty $51.4 billion owing on credit, Australian credit card balances accruing interest have dropped to $31.4billion – the lowest level since August 2008. According to the ABS,…
PR dla Zagranicy Grzegorz Siwicki 20.03.2018 15:00 Company bankruptcies rose 8 percent in Poland in the first two months of this year compared with the same period last year, according to a report. Photo: Pixabay.com/Arcaion/CC0 Creative Commons … Read the full article at: http://www.thenews.pl/1/12/Artykul/354846,More-firms-folding-in-Poland-report
By Tracy Rucinski Dozens of toy suppliers object to Toys ‘R’ Us liquidation plan (Reuters) – Toys ‘R’ Us heads to U.S. Bankruptcy Court on Tuesday to defend its liquidation plan against an onslaught of objections from creditors, particularly suppliers demanding payment for thousands of toys ranging from Poopeez to Bratz. More than 50 suppliers,…
By Emmanuel Ntirenganya Cassava farmers who received loans from the Development Bank of Rwanda (BRD) are appealing for relief of Rwf953 million debt after their crops were ravaged by a viral disease. The loan was given to 29 farmers, 24 of them from Ruhango and the rest from Kamonyi, Nyanza and Gisagara districts. They got…