Student Debt Relief Faces a ‘Thorny’ Battle in the Supreme Court, According to This Lawyer – CNET

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In February, the Supreme Court is slated to make a decision on President Biden’s student debt relief plan. With the administration facing an intense uphill legal battle, millions of borrowers are left wondering what’s next. In August, the White House an… Read the full article at: https://www.cnet.com/personal-finance/loans/student-debt-relief-faces-a-thorny-battle-in-the-supreme-court-according-to-this-lawyer/

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NCLAT rejects Promoters plea challenging insolvency of Srei group cos | Mint – Mint

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MUMBAI : The National Company Law Appellate Tribunal (NCLT) on Wednesday rejected Srei Infrastructure Finances promoter Adisri Commercials plea challenging the Kolkata National Company Law Tribunals 8 October 2021 insolvency order. In October last year, the NCLTs Kolkata bench in its order allowed the Reserve Bank of Indias application under section 227 of the Insolvency…

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DCL Corporation Commences U.S. and Canadian Restructuring … – PR Newswire

Restructuring

TORONTO, Dec. 21, 2022 /PRNewswire/ — To facilitate the ongoing process to sell its businesses, DCL Corporation (DCL or the Company), a leading manufacturer and reseller of color pigments, announced today that, on December 20, 2022, its United States based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy…

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Seven parastatals join other State corporations in the red – Business Daily

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Economy Seven parastatals join other State corporations in the red Wednesday December 21 2022 Kenya Bureau of Standards Lake Region headquarters. PHOTO | ONDARI OGEGA | NMG By KABUI MWANGIMore by this Author At least seven parastatals have joined a growing list of more than 16 cash-strapped State-owned corporations that have been declared insolvent by…

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Boris Becker speaks publicly about time in prison, ‘loneliest moment’ – ESPN Australia

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10:08 PM GMT Associated Press BERLIN — Tennis great Boris Becker tearfully recounted the moment the door of his single-occupancy cell at Britain’s notorious Wandsworth prison closed for the first time, speaking publicly after serving eight months for bankruptcy offenses. “It was the loneliest moment I’ve ever had in life,” Becker said in an interview…

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Wilko appoints chief executive with wide restructuring experience – Financial Times

Restructuring

Receive free Wilkinson Hardware Stores updates Well send you a myFT Daily Digest email rounding up the latest Wilkinson Hardware Stores news every morning. UK retail chain Wilko has appointed a new chief executive with extensive restructuring experience as talks continue over a refinancing to secure its future. The family-owned group said Mark Jackson would…

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Two Glasgow company directors banned for a total of 21 years for … – GOV.UK

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Shahzad Arshad, 43, and Alexander Stewart Cooper, 70, from Glasgow, have been disqualified as company directors following separate investigations which found they had both made false claims in order to receive Bounce Back Loans for their businesses. Shahzad Arshad was the director of two companies Town Discount Ltd and Naz Accessories Ltd which were both…

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Directors Banned for 21 Yrs Over Bounce Back Loan Abuse – Mirage News

Bankruptcy

Shahzad Arshad, 43, and Alexander Stewart Cooper, 70, from Glasgow, have been disqualified as company directors following separate investigations which found they had both made false claims in order to receive Bounce Back Loans for their businesses. Shahzad Arshad was the director of two companies Town Discount Ltd and Naz Accessories Ltd which were both…

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Boris Becker breaks silence in harrowing reveal about spell in prison – Yahoo Sport Australia

Bankruptcy

Boris Becker has spoken out about his harrowing experience in UK prison after being released and deported back to Germany. Pic: Getty Tennis great Boris Becker has revealed brutal details of his stay in prison, which included a fellow inmate’s threat to kill the 55-year-old. Becker was last week released from prisonand deported back to…

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African countries trained to manage public debt using new … – Commonwealth

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Senior officials from Eastern and Southern Africa have received hands-on training to manage their public debt using the Commonwealths new debt management system. The Commonwealth Secretariat facilitated the training in Mozambique from 12 to 16 December in partnership with the Macroeconomic and Financial Management Institute for Eastern and Southern Africa to equip 25 officials from…

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