By AFSCME Staff Wednesday, March 27, 2024 Over 870,000 public service workers, many of them AFSCME members, have had their student debt forgiven through the Public Service Loan Forgiveness program. Now, the Biden administration is helping lessen the burden on even more people struggling with student loans. More than 7.5 million other Americans including those…
The economy is slaughtering Aussie businesses and theres no sign of things letting up. Company collapses surged in February and reached a level that hasnt been seen for the past nine years, according to new data released on Monday by the corporate regulator, the Australian Securities and Investments Commission (ASIC). Insolvencies are increasing significantly, Cliff…
Zev Shechtman has joined Saul Ewing as a partner in Los Angeles, the firm said Wednesday. Shechtman represents clients in complex business bankruptcy, restructuring, and insolvency matters in and out of court, according to Saul Ewing. Some areas of expertise of his include representing debtors in regular Chapter 11 and subchapter V bankruptcy reorganization cases,…
Mar 28, 2024 10.45am Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Embattled pathology group Healius has stepped up internal restructuring and cost-cutting in a push to lift its financial performance as investment bankers UBS oversee a strategic review. Two top…
This week, the pro baseball superstar Shohei Ohtani addressed the media for the first time since his name surfaced in an investigation of an alleged illegal gambling ring. He told reporters that the $4.5 million in wire transfers from his account had been sent without his knowledge by his friend and interpreter, and that he…
With everything from cars to groceries being more expensive, its no surprise that people are taking on more debt. According to a report released by the Federal Reserve Bank of New York, credit card balances increased by nearly 5% during the fourth quarter of 2023. If youre struggling to pay down your credit card balances,…
New figures from Deloitte Ireland show that the number of corporate insolvencies jumped by 47% in the first quarter of 2024 compared to the same time last year and could reach a total of 800 by the end of the year. Deloitte’s latest Insolvency & Restructuring Statistics reveal 214 corporate insolvencies during the first three…
Prime Minister Dinesh Gunawardena, who is on an official tour of China, met Li in Beijing, a statement from the Sri Lankan prime ministers office said. The two premiers also witnessed the signing of nine new agreements between China and Sri Lanka China will help Sri Lanka in its debt restructuring process, Chinese Premier Li…
By Antoinette Milienos For Daily Mail Australia Published: 17:00 AEDT, 26 March 2024 | Updated: 18:05 AEDT, 26 March 2024 Australia’s construction industry tradies have walked off job sites over unpaid bills a another firm has crashed with unfinished projects in four states. C… Read the full article at: https://www.dailymail.co.uk/news/article-13238849/Allroads-Pty-Tradies-walk-job-builders-200million-collapse-second-company-crashes-30million-debt.html
Defence, road and other state government infrastructure projects are now in limbo after a Queensland-based construction company was ordered into liquidation. Jon and Dan Fulton, who founded AllRoads in 2009, have had their company ordered into liquidation by the Queensland Supreme Court. The company went into administration as pipe supplier Enviropipes submitted a winding up…