article Brevard Sheriff’s Office BREVARD COUNTY, Fla. – One teen is dead after a triple shooting in Merrit Island on Wednesday, deputies said. The Brevard County Sheriff’s Office said that they received acall around 6:55 p.m.on Wednesdayat the Courtenay Palms Apartments inMeritt Island.When deputies arrived at the scene, the Sheriff’s Office reportedly found threemen with…
Hertz Global Holdings Inc. is in talks to obtain a bankruptcy loan to fund its business reorganization after scrapping a controversial sale of potentially worthless stock, according to people familiar with the matter. The rental-car company on Wednesday called off a potentially unprecedented sale of up to $500 million in shares, leaving it in need…
Recent studies reveal that debt consolidation is the top reason why people take out personal loans. According to an Aprilstudyby Bankrate that analyzed responses from more than 160,000 applicants, debt consolidation was the most reported reason for getting a loan in quarter one, at 38%. An additional 5% of applicants in Bankrate’s study selected credit…
Introduction Ordinary moratorium COVID-19 moratorium Introduction A moratorium under the Debt Enforcement and Bankruptcy Act is a standstill period granted by a court for a company going through financial hardship to assess whether it can enter composition proceedings or go bankrupt. Originally, unlike in other jurisdictions, the purpose of a moratorium in Switzerland was not…
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. A personal loan can be a helpful tool for consolidating and paying off credit-card debt.…
Calisen announced plans for a restructuring of its Lowri Beck business unit on Thursday, in a bid to make it a leaner, more efficient and sustainable business. The London-listed firm described Lowri Beck as a capability-enhancing acquisition, which it made last August, to enable it to provide meter installation services to the growing independent energy…
Provisional liquidators of South African regional carrier SA Express are attempting to find a buyer for the airline, claiming that they are engaging with six or seven parties which have expressed interest in the company. Their effort follows court approval on 15 June to extend their powers, in order to explore the possibility of attracting…
Prosecutors announced on Wednesday that eight suspects were arrested for their role in siphoning over US$157 million out of VBS Bank, a publicly owned lender that primarily provides mortgages and short-term loans to low-income South Africans. Head of the National Prosecuting Authority Shamila Batohi announced on Wednesday that 8 individuals were arrested in connection with…
NORTHERN EXPOSURE NORTH Lakes, north of Brisbane, has emerged as one of Australia’s worst bankruptcy hot spots. According to figures from the Australian Financial Security Authority, the suburb in the heart of Brisbane’s mortgage belt had the highest per capita number of personal insolvencies at the end of March. The percentage was 0.096 per cent,…
Throughout the coronavirus crisis, CBS is providing weekly updates on the number of bankruptcies pronounced by Dutch courts. The weekly updates are normally released on Thursdays at 12.00 p.m. Not including sole proprietorships, there were 54 bankruptcies in week 24. This is 10 down on the previous week. In addition, 6 sole proprietorships were declared…