Katie Price fans were left ‘feeling sick’ as the former glamour model announced a new money-making scheme before her bankruptcy hearing next month. The mum-of-five was declared bankrupt in 2019 and now has debts totalling 3.2m. She had been due to appear at Londons Royal Courts of Justice to answer questions about her debts in…
Company focusing on innovative technology and exit of pharmacy services Restructuring to further extend capital resources Annual cash burn expected to be reduced by greater than 65% in 2023 Company exploring financing options in connection with business transition PHOENIX, Ariz., Jan. 19, 2023 (GLOBE NEWSWIRE) — MedAvail Holdings, Inc. (Nasdaq: MDVL) (MedAvail), an innovative technology-enabled…
The moratorium under section 96 of IBC provides that upon the filing of an application ‘).insertAfter(“.article-content__img”);$(“.article-content__img div”).find(‘div’).remove(); //]]> The Ministry of Corporate Affairs (MCA) has taken a strict view of the misuse of individual insolvency by some personal guarantors, proposing that they not be allowed any moratorium period when they file for insolvency, in the…
Is a new version of an old subsidy for insurance companies to write policies in the state the right solution to todays crisis? We dont know, but the Legislature appears likely to move as quickly as possible to, essentially, use tax dollars to pay private insurers to take over policies now covered by Citizens, the…
The cost of living crisis is set to continue impacting household budgets across the country into the first half of 2023 as a result of high inflation, soaring energy bills and ever-increasing prices at the supermarket. As the financial pressure mounts, especially post-Christmas, Christians Against Poverty (CAP) Scotland is encouraging those who are unable to…
MedAvail Holdings, Inc. Company focusing on innovative technology and exit of pharmacy services Restructuring to further extend capital resources Annual cash burn expected to be reduced by greater than 65% in 2023 Company exploring financing options in connection with business transition PHOENIX, Ariz., Jan. 19, 2023 (GLOBE NEWSWIRE) — MedAvail Holdings, Inc. (Nasdaq: MDVL) (MedAvail),…
Cofounder / Partner at Lendzi. getty As a small-business owner, you should never borrow more money than you need. Debt can be a constant drain on your companys cash flow, and unless you have the principal reserved or can generate the needed profits, you may face problems when that debt becomes due. As a cofounder…
The harsh reality of Scunthorpe Uniteds situation struck home across the football community last weekend as fans took a stand in an attempt to force change and save their club. Scunthorpes 2-0 defeat at home to Woking at the weekend, their 16th loss in 27 league games this season, ensured the club remained nailed to…
From left: Theo Bai, Evan Xian JunHe kicks off the new year with the hiring of two partners to strengthen its insolvency restructuring and dispute resolution practices. Theo Bai, who had practised at King & Wood Mallesons for more than 10 years, joined the firms Beijing headquarters, while Evan Xian, a former partner at East…
Released 17 January 2023 Next release 14 February 2023 Media enquiries Jason Raj +44 (0)33 3032 9366 Statistical enquiries Sam Tudor (author) [email protected] David Webster (responsible statistician) 1. Main Messages for England and Wales The numbers provided in this publication are not seasonally adjusted and changes between consecutive months may not indicate overall trends. Therefore,…