Two UCLA law professors helped broker a deal that will bring financial relief to Puerto Rico. Law professors Kenneth Klee and Daniel Bussel have been working on restructuring Puerto Ricos debt since 2017 and finalized the deal in February. Puerto Rico had accumulated $72 billion in aggregate debt as of 2016, Bussel said. Klee said…
Grain Brokers Australia, April 16, 2019 FARMERS in Australia operate in a highly variable environment, and agriculture is considered the most volatile sector in the Australian economy. In fact, the volatility of the agricultural industry is nearly double that of any other industry in the country. With variability and volatility comes risk. Unfortunately, in life,…
FARMERS in Australia operate in a highly variable environment, and agriculture is considered the most volatile sector in the Australian economy. In fact, the volatility of the agricultural industry is nearly double that of any other industry in the country. With variability and volatility comes risk. Unfortunately, in life, there is rarely a reward without…
One of the most pressing concerns from Sizmeks bankruptcy comes from SSPs, which must reconsider how they think about risk and credit with their longtime partners. Brands and agencies often pay DSPs on 90-day or even 120-day cycles. But DSPs pay SSPs between 30 to 60 days. Theres a separate contract between…
(Kitco News) – Gold is expected to garner safe-haven interest as investors look to protect themselves against an impending recession, according to one fund manager, In a recent report, Joe Foster, portfolio manager and strategist for the VanEck Gold and Precious Metals Strategy, warned that a growing divergence in the U.S. economy has…
() has completed an $8 million capital raising as part of a proposed restructure of the companys black economic empowerment (BEE) equity participation. The raising is underpinned by a group of high-profile South African investors and has achieved accelerated compliance with the ownership aspects of the South African Mining 3 (MC3). Representing…
Debt SettlementMarket Research Report gives you a detailed Idea about the Major Manufacturers, Applications, Regions, Company Profile, Industry Growth, Revenue, Gross margin, Consumption Value/Volume, Sale price, Import, Export, Production, Segmentation, Cost Structure, Product Picture and Specifications for the Forecast period 2019-2024 The research study GlobalDebt SettlementIndustry offers strategic assessment of…
AUSTIN, Texas, April 15, 2019 (GLOBE NEWSWIRE) — Jones Energy, Inc. (OTCQX: JONE) (Jones Energy or the Company) today announced that the Company, consistent with its prior announcement on April 3, 2019 regarding the Companys entry into a comprehensive Restructuring Support Agreement with its First Lien and Unsecured Noteholders, voluntarily filed petitions for relief under…
In brief Investors are concerned about the deterioration of corporate debt quality, marked by lower credit ratings and a large share of covenant-lite issuance in the loan market. Credit is typically a non-recessionary asset class and should perform well so long as there is no impending recession, which at the moment looks unlikely. Corporate bonds…
Most people only expect to borrow $100,000 or more when they take out a mortgage, but a small percentage of student borrowers owe at least that much on their student loans. Student debt figures from 2018 show that more than 1.2 million borrowers had six-figure student loan balances last year and that over 520,000 souls…