Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email A new survey shows wide support, particularly on the left but among younger Americans broadly across the spectrum, for student debt relief. The questions for Joe Biden are: Can he sell…
DetailsAdani Power shares would be in focus on Wednesday morning after the Adani group company received nod from competition regulator Competition Commission of India (CCI) for acquiring Lanco Amarkantak Power Limited. The target company, a part of the Lanco Group, is engaged in the business of thermal power generation in India. Lanco Amarkantak Power is…
DetailsBaseball star Shohei Ohtani said Monday that he never agreed to pay Ippei Mizuharas gambling debt and is beyond shocked at how his now-fired interpreter took advantage of him. Ohtani, who spoke through the Los Angeles Dodgers performance operations manager, Will Ireton, at a news conference, said, Ippei has been stealing money from my account…
DetailsCompanies must approach HMRC with suitable care when proposing a restructuring plan, mindful of lessons learned from recent case law. Ever since unpaid taxes due to HMRC were crammed down pursuant to a restructuring plan that it voted against but did not actively oppose in Houst,[2022] EWHC 1941 (Ch). HMRC has challenged restructuring plans and…
DetailsA recent decision has helped to frame the tests articulated by the Supreme Court in Sequana. The Supreme Courts landmark decision in Sequana[2022] UKSC 25.leaves many unanswered questions, and finding a common thread between the four quite separate judgments has proved challenging for practitioners and directors alike. The recent decision in Hunt v. Singh[2023] EWHC…
DetailsIf your auto loan payments have become too much for your budget to bear, you should consider your options for auto loan debt relief. This can involve anything from modifying your loan to surrendering your car. Here are some strategies for dealing with an auto loan you can’t afford. Auto loan debt relief options Compare…
DetailsAdani Ports and Special Economic Zone (APSEZ) has announced that it is set to purchase a 95 per cent majority stake in Odishas Gopalpur Port for a value of 13.49 billion rupees ($161.74 million) to bolster its east coast presence. Adani Ports will purchase a 56 per cent stake in Gopalpur Port from real-estate conglomerate…
Details(Bloomberg) — Atos SE gave itself until the week of April 8 to present creditors with a refinancing framework as it aims to head off a looming repayment crisis. Most Read from Bloomberg The ailing French IT company has expanded its restructuring talks to include bondholders as it seeks a comprehensive agreement on its debt…
DetailsAlibaba scraps Hong Kong IPO plan for logistics unit Cainiao as it tweaks restructuring Alibaba Group Holding has decided to withdraw the initial public offering (IPO) for its logistics operation Cainiao in Hong Kong, and has offered to buy all remaining shares in the unit, in another major change to its original restructuring plan. The…
Details:Atos, the crisis-hit French IT consulting firm whose shares have plummeted over the last two years, said it was aiming to restructure its debt by July, paving the way for a potential capital increase to shore up its balance sheet. The technology giant, which manages data and cybersecurity for France’s nuclear industry and the upcoming…
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