Ana B. Ibarra Aug 15 Save Article Save Article Failed to save article Please try again Medical personnel working in the nurses station in the Emergency Room unit of Hazel Hawkins Memorial Hospital in Hollister on March 30, 2023. (Larry Valenzuela, CalMatters/CatchLight Local) Lea esta historia en espaol. Three California hospitals that declared bankruptcy earlier this…
Managing business finances can sometimes feel like traversing a labyrinth. Yet, theres one tool in the financial toolbox that can illuminate the path ahead a business consolidation loan. This nifty solution can transform a scattered debt landscape into a more streamlined one, promoting efficiency and clarity. This article delves into this topic further, exploring the…
The situation at WeWork has investors in a frenzy, landlords in a jam and the entire commercial real estate industry on its knees. But for the more than 700,000 WeWork members who work at its numerous co-working spaces, the future of the company is an especially pressing question. WeWork warned investors last week that its…
Officials at the Mozambique’s Ministry of Finance and Economy and World Bank Staff celebrate Mozambique’s International Women’s Day, wearing capulanas (from left, Sucnia Amlia Churana, Natrcia Macamo, Olga Antnio Inguane, Parul Agarwal, Eva Catarina Uncache Damo Lopes Pedro, and Emlia Sitoe). Much has been written about the looming debt crisis in low- and middle-income countries.…
(Photo by iStock/piyaset) Around the world, most developing countries face two crises: climate change and debt. Climate change is leading to more extreme weather events everywhere, but it particularly threatens the lives and livelihoods of millions of people in developing countries: rising sea levels generated by global warming are an existential threat to island nations and coastal communities, and…
Last week, synthetic biotechnology company Amyris formally announced that the company will be moving forward with filing voluntary Chapter 11 bankruptcy proceedings and will undergo significant financial restructuring intended to improve the Company’s cost structure, capital structure, and liquidity position while streamlining Amyris’ business portfolio to focus on its core competencies in R&D and the…
Despite its products being found in millions of homes across the globe, international houseware and appliance manufacturer Instant Brands has filed for Chapter 11 bankruptcy protection. The company, which is controlled by private equity firm Cornell Capital, cited rising interest rates for its financial difficulties and Chapter 11 filing in the Southern District of Texas,…
August 15 (SeeNews) – Serbia sold insolvent agroindustrial company AIK Jagodina to clothing company Mona Fashion for 8.6 million dinars ($80,000/73,400 euro), the bankruptcy supervision agency said. As part of the deal, Mona Fashion acquired 60 hectares of land in the central Serbian town of Jagodina, the agency said in a statement last week. You…
Aisling BrennanNCA NewsWire Camera Icon Perth builder Western Luxury Homes Pty Ltd was placed into liquidation on Friday. Credit: Supplied Share to Facebook Share to Twitter Email Us Copy the Link Twelve customers hoping to have their homes built by a West Australian building company have been left disappointed after the business collapsed. Perth builder…
A restart has been achieved for AEM, which was declared bankrupt in July. Bankruptcy was filed by the company itself on July 11. The Maasbree-based company develops and produces climate computers and installations for mushroom cultivation, composting, and horticulture. Four parties showed interest in a relaunch, according to the recent publication of the first bankruptcy…