Go First executives have informed the Directorate General of Civil Aviation (DGCA) that the airline is prepared to operate 152 daily flights once it resumes its operations. Mint could not confirm the news developments independently. As reported by Business Standard, the airline, currently being managed by insolvency resolution professional Abhilash Lal, has been non-operational since…
Spotify (SPOT) announced on Monday that it is eliminating 200 jobs, or 2% of its workforce, within its podcast division. In a blog post, the company said the layoffs come amid “the next phase of our podcast strategy” as it looks to “[expand] our partnership efforts with leading podcasters from across the globe with a…
By Anna Scott Farrell June 5, 2023, 4:57 PM EDT The government should be allowed to collect more than $14 million in tax debt from an aircraft trader who claimed $12 million in fictitious deductions and then declared bankruptcy, the U.S…. To view the full article, register now. Read the full article at: https://www.law360.com/tax-authority/articles/1684765/bankrupt-aircraft-trader-can-t-shield-14m-in-tax-us-says
The NCLT on June 5 directed the IRP of Go First to file a reply within one week over the petitions filed by three lessors seeking possession of their aircraft and engines from the Wadia group firm, which is currently going through the Corporate Insolvency Resolution Process (CIRP). A two-member NCLT bench directed the IRP…
There are many advertisements on the internet offering debt relief services. Austin, Texas, residents should know that many of these advertisements are not actual debt relief providers. They are called lead generators, and they could sell your information to the highest bidder, usually to an out-of-state service. Most out-of-state services charge Texans enormous fees, despite…
Maria Tupou was having dinner with her husband, Sio, in April when he delivered some bad news. Sio had just learned they could lose the $30,000 deposit they paid to construction firm Porter Davis to build their “forever home” in Wollert, a suburb in Melbourne’s outer north. They signed a contract with Porter Davis in…
The NCLT on Monday directed the IRP of Go First to file a reply within one week over the petitions filed by three lessors seeking possession of their aircraft and engines from the Wadia group firm, which is currently going through the Corporate Insolvency Resolution Process (CIRP). A two-member NCLT bench directed the IRP (interim…
Casablanca Clothing Ltd, the high-end fashion brand known it colourful and exuberant fusion of luxury and leisurewear, has been acquired in a corporate restructuring deal to power its future growth. Founded in 2018 by Charaf Tajer, the business was sold as a going concern for an undisclosed sum and will now operate under the name…
New Delhi, Jun 5 (PTI) The NCLT on Monday directed the IRP of Go First to file a reply within one week over the petitions filed by three lessors seeking possession of their aircraft and engines from the Wadia group firm, which is currently going through the Corporate Insolvency Resolution Process (CIRP). Advertisment A two-member…
Carson Hartlage, Glen McClain and Justin May | Opinion contributors Cincinnati Mayor Aftab Pureval and Cincinnati City Council have an opportunity to make a big impact by forgiving medical debt for thousands of Cincinnatians. Last week, Mayor Purveal released his recommended Fiscal Year 2024-25 Budget, a hefty $1.59 billion, which includes what remains of the…