If you’re struggling with high-interest debt and hoping to turn your situation around, a debt consolidation loan could be what you need. These loans are typically personal installment loans with fixed interest rates and fixed monthly payments. Debt consolidation loans also come with a specific repayment term, so you know the exact date you’ll become…
Netled Oy is applying for corporate restructuring, according to the insolvency register. CEO Niko Kivioja confirms the restructuring procedure to Kauppalehti. “The company runs on investors’ money. To obtain funding and improve the company’s financial situation, there was no choice but to apply for this arrangement and seek breathing space and build new growth,” Kivioja…
Alterna Capital Partners has joined the queue of lessors at India’s National Company Law Tribunal (NCLT) seeking to have SpiceJet (SG, Delhi International) declared insolvent. An Alterna special purpose vehicle (SPV) is attempting to enforce a March 2023 UK High Court judgement awarding it more than USD11 million. The matter of Alterna Aircraft V B…
Netled Oy is applying for corporate restructuring, according to the insolvency register. CEO Niko Kivioja confirms the restructuring procedure to Kauppalehti. “The company runs on investors’ money. To obtain funding and improve the company’s financial situation, there was no choice but to apply for this arrangement and seek breathing space and build new growth,” Kivioja…
Debt relief programs might have requirements you need to meet, including a minimum amount of debt. Getty Images Credit cards can be a great tool for consumers. They allow you to make purchases you might not be able to afford in cash, many offer rewards programs and they let you build credit to get you…
Wayward Brewing Co. and Local Drinks Collective enter voluntary administration to facilitate financial restructuring Wayward Brewing Company Pty Ltd (Wayward) and Local Drinks Collective Pty Ltd (LDC), have announced their decision to appoint an administrator to help facilitate a financial restructuring of the business. Wayward operates a craft brewery and taproom in Camperdown, in the…
(Bloomberg) — The distressed builder thats revived concerns about project finance crises in South Korea has gotten major creditors on board with its restructuring plan. Most Read from Bloomberg Those creditors of Taeyoung Engineering & Construction, whose projects include a baseball stadium and amusement parks, agreed Wednesday that the companys planned restructuring could proceed if…
The much-awaited approval from the top Constitutional Court in India was finally here, paving path for financial creditors to relay back on the fast-paced bad debts resolution track laid by the government’s masterstroke law the Insolvency and Bankruptcy Code. The Supreme Court of India in November settled the cloud around the provisions of personal insolvency…
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Tuesday set aside insolvency proceedings against Asian Hotels (West), which operates Hyatt Regency, Mumbai. The appellate insolvency tribunal has also accepted the proposal submitted by former promoters and directors of the company under Section 12A of the Insolvency & Bankruptcy Code. NCLAT said the decision…