GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Apr 9, 2019–Empower Retirement is targeting the broad financial needs of American workers through a new student debt solution focused on both helping workers pay down debt and their employers who may want to help out. The new solution, which will be launched later this year, will be offered to workers saving…
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Apr 9, 2019–Empower Retirement is targeting the broad financial needs of American workers through a new student debt solution focused on both helping workers pay down debt and their employers who may want to help out. The new solution, which will be launched later this year, will be offered to workers saving…
Offshore Marine Management Limited has engaged insolvency practitioner Smith & Williamson to seek creditors voluntary liquidation. OMM director Rob Grimmond has proposed creditors of the company nominate Richard John Lewis and Gilbert John Lemon of Smith & Williamson to act as joint liquidators. The appointment will be made following a resolution to wind-up the company…
The logo of French banking group Societe Generale. Picture: AFP Societe Generale said Tuesday that it is launching two restructuring projects that could lead to up to 1600 jobs being cut from its global operations. The French bank said it plans to revamp its global banking and investor solutions businesses, and modify the organisational structure…
Memphis Goodwill plans to open its first Midtown re-sale store, in the former Rite Aid building at 1810 Unionby Aug. 1. Out of some miracle, the site on Union opened up,” said Tony Martini, president and chief executive of the nonprofit organization. “Weve been wanting to have a retail presence in Midtown a long,…
History: Muradel refocuses biofuel venture Adelaide scientists on the cup of biofuel breakthrough A regional energy start-up, which attracted millions from the Federal Government and was supported by local and interstate universities in its quest to develop a new industry creating hundreds of jobs, has been placed in voluntary administration. Whyalla-based Muradel, which described itself…
In a new twist to the Reliance Communication (RCom) bankruptcy case, an appellate tribunal has said if insolvency proceedings are revived against the beleaguered telco firm, then Ericsson will have to pay back a large settlement amount it has received earlier. This observation was made by a two-judge bench, headed by Justice SJ Mukhopadhaya, of…
Crikey readers discuss solutions to political advertising and what insolvency firms mean for our economic health. (Image: AAP/Darren England) Yesterday we asked readers for suggestions of what could be done about political advertising in Australia (which Bernard Keane says is as much a scam to benefit political parties advertiser mates as anything else). Unsurprisingly, readers…
More than 100 SA employees affected by the collapse of menswear chain Ed Harry will be paid their entitlements in full, but a far lower dividend is expected for unsecured creditors owed close to $12 million. Following a clearance sale of stock across the country, administrator KPMG closed the doors to the final few stores…
History: Muradel refocuses biofuel venture Adelaide scientists on the cup of biofuel breakthrough A regional energy start-up, which attracted millions from the Federal Government and was supported by local and interstate universities in its quest to develop a new industry creating hundreds of jobs, has been placed in voluntary administration. Whyalla-based Muradel, which described itself…