By Marine Strauss BRUSSELS (Reuters) -The first and only Belgian cryptocurrency lending platform, Bit4You, said it was suspending its activities after CoinLoan, one of its main service providers, was declared insolvent by an Estonian court. CoinLoan, a crypto lending company based in the Baltic state, also no longer has the required registration as a custodian…
Author/Editor: Wolfgang Bergthaler ; Jose M Garrido ; Anjum Rosha Publication Date: May 5, 2023 Electronic Access: Free Download. Use the free Adobe Acrobat Reader to view this PDF file Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in…
Dara Calleary Legislation providing increased protections for employees in a collective redundancy situation following their employers insolvency is to be drafted as a priority, the government has announced. Ministers yesterday approved the priority drafting of the Plan of Action on Collective Redundancies following Insolvency Bill 2023, which will implement the remaining commitments contained in an…
May 4, 2023, 08:37 PM Napoli won their first Italian Serie A title in 33 years, clinching the Scudetto on Thursday with a 1-1 draw at Udinese. Needing only a draw to take an unassailable 16-point lead with five games remaining, Serie A’s top scorer, Victor Osimhen, equalised for Napoli in the 52nd minute to…
Citizens Advice warns people are at risk of “spiralling into debt” More people were unable to pay their debts in Bedford in 2022, new figures show. The figures come as Citizens Advice warns people are at risk of “spiralling into debt” amid the cost-of-living crisis. Read More Postcard sent to Bedford address discussing Titanic sinking…
The Second District Court for Commercial Bankruptcy in Mexico City formally declared Interjet bankrupt, more than two years after the suspension of its operations. Interjet and its debts Following the ruling by Judge Sal Martnez Lira, the company, which was founded in 2005 and ceased operations in December 2020, will have to auction its assets…
REVEALED: How Wes Brown lost his millions to end up bankrupt – bad property deals, overpaying on a farm and trying to keep up with team-mates earning SIX times as much as him By Nathan Salt For Mailonline and Alex Miller And Nick Harris For The Mail On Sunday Published: 19:31 AEST, 3 May 2023…
May 03, 2023 13:22 The number of people who file for bankruptcy or personal insolvency after failing to repay their debts surpassed 70,000 during the first quarter of this year, up more than 40 percent compared to the same period of 2022. But this is only the beginning as more and more small business owners…
High borrowing costs and inflation are weighing heavily on businesses, official figures suggest. Company insolvencies rose 16% in March compared to the previous year as business owners struggled to contend with soaring costs and tougher economic conditions. Experts predict that more will follow, as the economy continues to stagnate. Last month there were 2,457 insolvent…
Manchester United star Marcus Rashford has come to the aid of Wes Brown by offering the bankrupt former Red Devil ‘mates’ rates’ on a rented house. Brown was declared bankrupt by the High Court a fortnight ago after falling into a six-figure debt with HMRC. The 43-year-old spent 15 years in United’s first-team after graduating…