Thursday, February 11, 2021 At the start of 2020, we considered what changes the UK restructuring and insolvency market might expect to see during the year however no one could sensibly have predicted the significant and far reaching impact of COVID-19. In part 1 of our blog, we look back at 2020 and look forward…
Image by Rebecca Lintz Equestrian Australia (EA) has exited the Voluntary Administration process following its Deed of Company Arrangement (DOCA) coming into effect. Mark Bradley, EAs Chairman of the Board of Directors, said that Voluntary Administrators Craig Shepard and Kate Conneely from KordaMentha, have finalised all conditions of the DOCA and have handed back control…
The House Agriculture Committee approved a landmark $4 billion program of debt relief for socially disadvantaged farmers on Wednesday despite Republican objections that the aid was an unconstitutional form of reverse discrimination. Chairman David Scott, a Georgia Democrat, said minority farmers deserved the help because they had been overlooked in the mammoth trade war and…
The next season the revitalised Magpies went within a kick of winning the premiership. His business reputation grew when he was Levi Strauss managing director at the start of the 2000s and then group CEO of Independent Liquor before he began as an entrepreneur that parlayed into investing in philanthropic works through his organisation PAN…
On average, studies show American households owe thousands in student loan debt. Posted: Feb 11, 2021 8:45 AM Posted By: Alia Blackburn (WTHI) – On average, studies show American households owe thousands in student loan debt. For many, they’ll consider trying just about anything to get relief. According to The Better Business Bureau, student debt…
Business Corporate insolvencies are set to double in 2021, with experts warning that targeted action is needed in next months Budget to avoid further damage. Thursday, 11th February 2021, 1:23 pm Experts are forecasting a jump in corporate insolvencies as the economic fallout from the pandemic intensifies. Picture: Tim Goode/PA RSM, the audit, tax and…
Pictured, artwork from Lake Land College student Abby Hartke, who will have her work displayed at the Effingham Public Library Submitted photo EFFINGHAM The Suzette Brumleve Memorial Effingham Public Library is excited to host local artist and Effingham native, Abby Hartke. Ive always been drawn to all the colors of the world and how they…
Air Namibia (SW, Windhoek Int’l) has announced the cancellation of all its operations, effective February 11, as the countrys government is poised to announce its flag carrier’s voluntary liquidation. In a late-night notice on social media, the 75-year-old airline announced that all its aircraft would be grounded. Its reservations system was suspended with no new…
Alice McCall emerged from voluntary administration on December 11 through a deed of company arrangement (DOCA), SV Partners administrator Ian Purchas has revealed toRagtrader. According to Purchas, Alice McCall owed $2.3 million to its largest related-party creditor – the title holder of the intellectual property – $5 million to ordinary unsecured creditors, $130,000 to redundant…
Equinox Holdings Inc. got relief on some of its debts tied to the luxury fitness chains SoulCycle subsidiary after agreeing to pay down a portion of the borrowings, according to people with knowledge of the matter. Equinox, backed by billionaire Stephen Rosss Related Cos., reached a deal that releases it from a limited guarantee of…