By DAVID MWEREMore by this Author An Italian firm contracted by the national government to construct the multibillion Itare Dam within Nakuru County has denied claims that it is broke. In a statement to newsrooms, CMC di Ravenna said that neither itself nor its subsidiaries have been declared bankrupt or insolvent. CMC has voluntarily engaged…
Shutterstock Student loan debt in 2019 is the highest ever. The latest student loan debt statistics for 2019 show how serious the student loan debt crisis has become for borrowers across all demographics and age groups. There are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S.…
The research from real estate adviser Altus Group discovered The Insolvency Service an agency of the Department for Business, Energy and Industrial Strategy paid out a total of 298.07m to former members of staff as a result of their employer entering into administration, liquidation, a company voluntary arrangement, or another form of corporate in 2018.…
NEW YORK, Feb. 25, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
– Tannar Eacott Following the removal of a number of acts, NSW regional festival Mountain Sounds recently announced the cancellation of its fifth reincarnation. Today, news broke that the festivals company was going into voluntary liquidation. With this in mind, weve decided to investigate to find the deep-rooted causes of this festivals closure. Festival organisers…
Acting tough on an erring insolvency professional (IP), the Insolvency and Bankruptcy Board of India (IBBI) has cancelled the IP registration of Bhavna Sanjay Ruia, declaring her as not fit and proper to continue as an IP. The IBBI has also debarred Ruia from seeking fresh registration as an IP or providing any service under…
NEW YORK, Feb. 25, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
News Itare Dam: Italian firm denies bankruptcy reports Monday, February 25, 2019 11:23 By DAVID MWERE A deserted construction site at Itare Dam in Kuresoi South, Nakuru County on October 9, 2018. FILE PHOTO | NATION MEDIA GROUP An Italian firm contracted by the national government to construct the multibillion Itare Dam within Nakuru County…
The number of food and beverage companies entering insolvency rose 17.9% in 2018, according to analysis from real estate adviser Altus Group. Last year The Insolvency Service paid out 298.07m to former members of staff whose employers, from all sectors, had either entered administration, liquidation a CVA or another form of corporate insolvency. This included…
This is to inform you that the meeting of the Committee of Creditors (COC) of the Company is adjourned from Friday, 22nd February, 2019 to on Monday, 25th February, 2019 at 11.30 A.M and again adjourned to Tuesday, 26th February, 2019 at 04:30 P.M at the registered office of the Company situated at Plot No.…