Victorians building homes will be slugged with even higher costs after builders were hit with a 43 per cent increase in insurance premiums to protect their customers from insolvency, adding hundreds of dollars to construction costs that the housing sector expects will be passed on. The Victorian Managed Insurance Authority on Monday announced domestic building…
DetailsAssets related to Hanmi Pharm’s platform technology Orascovery, an oral drug discovery platform technology, will be transferred to C-Mer Eye Care Holdings, a Hong Kong-based healthcare company. Hanmi’s U.S. partner, Athenex, which declared bankruptcy, transferred its assets, including Orascovery, to C-Mer Eye Care Holdings. Athenex, Hanmi’s U.S. partner, which declared bankruptcy in May, recently signed…
DetailsThe United States Supreme Court majority issued four reactionary decisions on June 30 its final day in session. In addition to ending affirmative action in college admissions and upholding voter restrictions in Mississippi, the Court curtailed LGBTQ rights and struck down debt relief for students burdened with higher education tuition loans. The New York Times…
DetailsBENGALURU, July 10 (Reuters) – India’s Go Airlines (India) Ltd has invited investor interest in the company through a court-appointed administrator as part of the carrier’s ongoing insolvency process, a newspaper advertisement showed on Monday. The process of inviting an Expression of Interest (EoI) signifies the formal commencement of seeking buyers or investors for a…
DetailsI have been waiting for this day; waiting for almost five years for the federal governments national gambling self-exclusion register, BetStop, to be open for business. In November 2018 I met with former communications minister Paul Fletcher and he used my story to announce the creation the register. At that point, I had been made…
DetailsA building company has closed down its social media accounts and switched off its phone lines just days before a definitive court case could order it into liquidation. Como Homes is a residential builder based in Dandenong in Melbournes southeast which has been a registered business since 2017, according to the corporate regulator. On its…
DetailsThe Delhi bench of the National Company Law Tribunal (NCLT) has adjourned to July 21, a lessor’s bid to have SpiceJet (SG, Delhi International) declared insolvent. United States-based Willis Lease Finance Corporation is one of three lessors running cases against the Indian low-cost carrier in the NCLT. In a July 4 hearing, Justice Mahendra Khandelwal…
DetailsA Tasmanian small business owner has been left fuming over the collapse of restaurant chain Karens Diner which has left her $6000 out of pocket. News.com.au previously reported that on May 30, Viral Ventures (Australia) Pty Ltd went into voluntary liquidation, which was the company behind several Karens Diner pop-up stores around the country. The…
Details‘Poolside Karen’ and mom-of-two who unleashed a racist tirade against a Latino family for ‘not knowing what Hermes’ is was declared BANKRUPT in 2019 and had just $120 to her name Blair Featherman, 49, launched into the rant at her luxury apartment complex She called the group ‘trash’ and said they should ‘go back down to Denver’…
DetailsIf tackling your debt feels daunting, consider the debt snowball method. This popular debt-payoff strategy is engineered to give you wins early in the process, which can make it easier to stay motivated. Similar to the debt avalanche, the debt snowball involves strategically using extra cash to shave years off your debt repayment and save…
Details