Debt settlement arrangements allowing people who got into financial difficulties to write-off millions of euro worth of unsecured debt mainly owed to financial firms have been approved by the High Court. On Monday, Mr Justice Alexander Owens approved the unrelated arrangements. Advertisement The judge approved a debt settlement arrangement (DSA) allowing Co Louth-based chartered accountant…
Court report (Photo: Bruno Vincent:Getty) Patrick Deery was arrested after consignments were recovered from his home and intercepted in the post. The 59-year-old, of Keenaghan Road in Cookstown, is accused of having cannabis with intent to supply and further counts of attempted possession of the Class B drug on July 13 this year. He was…
Another Aussie builder has fallen victim to the construction crisis seizing the country. Zadro Constructions had to lay off all seven of its staff as it went into voluntary administration last month. Grant Thornton Australia was appointed as administrator for the western Sydney-based outfit on September 15. The companys website was no longer operational on…
On account of consolidation and restructuring of the organization and settlement on a $1.2 billion loan, edtech major BYJU’S has set the target to become profitable by March 2024, reported news agency PTI citing sources. The firm has undertaken an exercise to reduce the workforce by about 3,000-3,500 in October by ending duplication in roles…
Attorney General Aaron Ford warned Nevadans on Friday of student loan scams as the COVID-19-era repayment pause ends in October. The continuance of student loan repayments can leave uninformed borrowers vulnerable as they navigate through loan repayment process, Ford said in a statement. Scammers, unfortunately, will use these changes to develop schemes to swindle borrowers…
The Pop-up Globe might be returning to the stage, but not everybodys happy about it. Sam Brooks talks to some creditors left in the dark after the companys liquidation about its shock 2023 return. On September 15, the Pop-up Globe announced it would be making an audacious return to Auckland, with a remounting of its…
PTI | | Posted by Singh Rahul Sunilkumar Oct 01, 2023 05:03 PM IST Share Via Copy Link BYJU’S aims to become profitable by March 2024 through restructuring and settling a $1.2 billion loan, including reducing its workforce. Edtech major BYJU’S has set the target to become profitable by March 2024 on account of consolidation…
BENGALURU, Oct 2 (Reuters) – Indian on-demand delivery platform Dunzo said on Monday that one of its four co-founders, Dalvir Suri, would leave and the cash-strapped, Reliance Industries-backed (RELI.NS) startup also announced an organisation-wide restructuring from this quarter. Dunzo has been struggling to strike a funding deal in the past few months and has announced…
The Biden administration is planning to hold three two-day negotiating sessions over the next three months to discuss student loan forgiveness. Alex Wong/Staff/Getty Images The U.S. Education Department is gearing up to hold meetings in two weeks on how to provide debt relief to federal student loan borrowers, especially now that a potential government shutdown…
Robin Pickworth is a partner in the Firms Litigation & Arbitration Practice Group. His practice focuses on large complex commercial litigation and arbitration. Robin has particular experience advocating in significant, high-value and high-stakes international fraud and private client disputes for a diverse range of clients, including corporations, sovereign states, financial institutions and high-net-worth individuals. He…