PHOENIX Arizona Gov. Katie Hobbs announced the launch of a new medical debt relief program on Monday. Around one million Arizonans will benefit from the program, which is called Affordable Arizona: Tackling Medical Debt for Working Families. Arizonans deserve a break, Hobbs said in a statement. They deserve a government that fights for them, helping…
DetailsLast week, the Washington Post reported that President Biden recently pressed Jeff Zients, his chief of staff, on the issue of student debt cancellation, telling him to make sure his team was making the relief as expansive as possible. Thats good news for tens of millions of borrowers. But expansive relief will not be delivered…
DetailsThe London-based group, which is backed by Imbiba, cited legacy Covid debts combined with other cost pressures and the forced closure of its Heathrow venue as being behind the decision. Vagabonds estate currently comprises of 10 sites across the capital alongside an outpost within Gatwick Airports South Terminal, all of which continue to trade. In…
DetailsAdani Power Ltd. has received approval for its resolution plan to acquire insolvent Lanco Amarkantak Power Ltd. The committee of creditors of Lanco Amarkantak, which is undergoing a corporate insolvency resolution process, has approved the resolution plan, an exchange filing said on Tuesday. On March 4, the Adani Group company received a letter of intent…
DetailsSAN JUAN, Puerto Rico — A key hearing over the future of Puerto Ricos crumbling power company and its staggering $9 billion debt began Monday in federal court following years of acrimonious talks between the U.S. territory’s government and creditors seeking to recover their investments. The hearing, which is expected to last up to two…
DetailsThe Insolvency and Bankruptcy Code (IBC) has emerged as a pivotal tool in India’s quest to bolster its attractiveness to global investors. By streamlining the process of resolving insolvency cases, the IBC not only facilitates the efficient allocation of capital but also instils confidence in investors regarding the robustness of India’s legal and regulatory framework.The…
DetailsRork Projects construction company collapses Director blamed higher interest rates for woes Co-owned by SBS Indigenous TV presenter READ MORE: Why rundown homes are selling By Stephen Johnson, Economics Reporter For Daily Mail Australia Published: 10:41 AEDT, 4 March 2024 | Updated: 21:16 AEDT, 4 March 2024
DetailsContents1 SAD STORY2 Perth craft brewery goes into voluntary administration3 By Simon Collins4 The sun has set on another Australian craft brewery, with Subiacos Golden West Brewing Co. having poured its last beer.5 The brewer originally founded by five school mates as Modular Brewing in a former garage in Leederville opened the 400-capacity western suburbs…
DetailsA Brisbane Korean barbecue icon will live on to grill another day after what is understood to be a payroll tax scare that could have pushed it to the brink, striking a deal with creditors to keep three restaurants afloat. The restructuring plan developed with restructuring experts SV Partners was accepted by creditors Maru Hospitality Pty Ltd and…
DetailsOlivia FordCountryman Camera Icon The Kimberley Meat Company abattoir between Broome and Derby. Credit: Kimberley Meat Company/Facebook Share to Facebook Share to Twitter Email Us Copy the Link The Kimberley Meat Company, northern WAs only large-scale abattoir, has gone into voluntary administration, cutting out an important local alternative for northern pastoralists. According to Australian Securities…
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