On Howard University’s campus in front of the infamous Founders Library Clock Tower, on “The … [+] Yard”, alumni, family and friends gather after the game to celebrate Howard’s 93rd annual Homecoming after their game against North Carolina A&T on Saturday, October 22, in Washington, DC. (Photo by Cheriss May/NurPhoto via Getty Images) NurPhoto via…
DetailsThe Insolvency and Bankruptcy Code, 2016, is an epochal legislation to bring a paradigm shift in the manner of resolution of stressed companies that were unable to pay off their debts. However, of late, numerous criticisms have surfaced that the IBC is facilitating high haircuts (lesser recovery than admitted claims) to the lenders, which is…
DetailsIf Captain Izham Ismail had his way, he would be happily retired after working at Malaysia Airlines for nearly 40 years. The year was 2017, and the carrier, reeling from the loss of two aircraft three years prior, had witnessed the exit of its second chief executive in two years ex-Ryanair senior executive Peter Bellew…
DetailsEditorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Find Out If You Qualify For Debt Relief Free, No-commitment Estimate If you feel buried by an avalanche of debt, something known as the debt avalanche method may come…
DetailsEleanor Temple, Chair of insolvency and restructuring trade body R3 Q2 2021 England and Wales insolvency statistics, R3 response There were 3,116 seasonally adjusted corporate insolvencies in Q2 2021, an increase of 31.4% compared to Q1 2021s figures of 2,371 and a rise of 4% compared to Q2 2021 (2,997). There were 27,622 seasonally adjusted…
DetailsJust a week after spruiking a $1.3 million cash splash, the Moree Artesian Aquatic Centre has gone into liquidation. The notice of liquidation was published on the ASIC site on Thursday, the same day the Moree Plains Shire Council received a confidential “legal update” during closed council at their extraordinary meeting. The information on the…
DetailsFor years, student advocates and some higher-education leaders have worried about the ways in which even small debts that students owe to their schools can hold them back from continuing college and completing their degree. Over the past few months, its become clear that some schools needed to mitigate this problem was something simple: More…
DetailsThe Insolvency Service has revealed that company insolvencies across England and Wales climbed 31% quarter-by-quarter to 3,116 in Q2 FY21. The cases, which represented a 4% year-on-year climb, were made 90% of CVLs, 5% of administrations, 3% of liquidations, and 1% of CVAs. Related Articles England and Wales company liquidation rate for the year ended…
DetailsClontarf is one of the most salubrious suburbs on the northern beaches but in the 1950s it was home to a shyster whose photograph was plastered across the front page of every major Sydney newspaper. Clontarf is one of the most salubrious suburbs on the northern beaches but in the 1950s it was home to…
DetailsA Kiatnakin Phatra Bank logo on display. KKP expects its non-performing loan ratio to increase to a maximum of 4% at the end of this year after reaching 3.4% in June.Patipat Janthong Kiatnakin Phatra Financial Group (KKP), a holding company of Kiatnakin Bank, expects a large number of customers to request financial assistance due to…
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