Connecticut residents get college debt relief – CTPost

By Kathleen Megan, ctmirror.org Published 6:04pm EST, Thursday, January 3, 2019 About 1,415 Connecticut residents who attended institutions run by the for-profit education company, Career Education Corp., will receive debt relief as a result of a national settlement with 49 state attorneys general, including Attorney General George Jepsen. Jepsen announced Thursday that Career Education Corp.…

AG Ferguson obtains more than $7M in student debt relief for thousands of Washingtonians from for-profit college – Access Washington

For-profit education company Career Education Corporation misrepresented the cost of attendance and job placement rates to its students OLYMPIA More than 3,000 Washingtonians will receive more than $7.6 million in debt relief from Career Education Corporation (CEC), a for-profit higher education company, as part of Attorney General Bob Fergusons legal action over the companys use…

Adhunik Metaliks Case: Lenders may negotiate with second-highest bidder – The Financial Express

The lenders held its last meet on Wednesday. After UK-based Liberty House has failed to make the upfront cash payment within the stipulated time for acquiring bankrupt Adhunik Metaliks (AML) under the Insolvency and Bankruptcy Code (IBC), lenders to the steelmaker are not opting for liquidation at this point of time as many companies have…

Former head of failed Air Australia was involved with Bestjet before collapse – The Guardian

The former chief executive and owner of defunct airline Air Australia was closely involved in the operations of recently collapsed budget travel booking service Bestjet, documents reveal. Guardian Australia reported on Wednesday that the Queensland-based budget airfare company Bestjet and its subsidiaries, Wynyard Travel Pty Ltd and Brooklyn Travel Pty Ltd, went into voluntary administration…

A married couple in their 20s explains how real-estate investing is helping them pay back over $170,000 in student-loan debt – Business Insider Australia

Student-loan debt is a prevalent issue in the US, with more than 44 million borrowers owing $US1.5 trillion, Forbes reported last year. Here, a married man in his late 20s shares how he and his spouse are paying back her six-figure student-loan debt through real-estate investing. Instead of working to pay down the debt as…

FULLBEAUTY Brands Enters Into Comprehensive Restructuring Support Agreement With Debt and Equity Holders – PRNewswire

NEW YORK, Jan. 3, 2019 /PRNewswire/ — FULLBEAUTY Brands Inc.(“FULLBEAUTY” or the “Company”), today announced that it has entered into a comprehensive Restructuring Support Agreement (the”RSA”) with key stakeholders, including its equity sponsors, Apax Partners and Charlesbank Capital Partners (collectively, the “Sponsors”), holders of 100% of its first-in, last-out term loan claims (collectively, the “FILO…