NEW DELHI:The National Company Law Tribunal (NCLT) on Wednesday granted a final 60-day extension to the bankrupt Go First airline to complete its corporate insolvency resolution process (CIRP). This extension, which lasts until August 3, comes amid challenges and legal implications stemming from a Delhi high court ruling that deregistered all leased aircraft held by…
Washington, DC U.S. Senator Sheldon Whitehouse today encouraged Rhode Islanders with privately held student loans through the Federal Family Education Loan (FFEL) program to consolidate their loans to the Direct Student Loan Program to become eligible for student loan forgiveness. Borrowers have until June 30, 2024 to convert their loans from commercial to federal loans…
Rumors that Bruno Mars owes millions of dollars in gambling debts to MGM Resorts are false. “We’re proud of our relationship,” the hospitality empire said in a statement to BI. Mars inked a long-term residency deal with MGM in 2016. After rumors circulated that Bruno Mars would need a bit of 24-karat magic to pay back…
Dunedin craft chocolate company which once raised $2m through equity crowdfunding faces ‘financial uncertainty’ and can trade for only ‘short amount of time’. A special meeting to consider a resolution to appoint a liquidator will be held later this month. Directors of Dunedin craft chocolate company Ocho are proposing voluntary liquidation because the business faces…