The author is an analyst of NH Investment & Securities. He can be reached [email protected]. — Ed. A turnaround is on the horizon for NewFlexs main FPCB business, thanks to weakening market competition and restructuring effects. With NewFlex supplying its PCBs for use in Oculus devices, the firm is also set to benefit from expansion…
DetailsFrom 1 July 2021, providers of debt management services (including firms offering debt negotiation or credit repair services) are regulated under the National Consumer Credit Protection Act 2009 (National Credit Act). This means providers of these services must: hold a credit licence with an authorisation that covers those services (or act as a representative of…
Details{{featured_button_text}} MATTOON Coles Moultrie Electric of Mattoon has announced two local students that have received memorial scholarships. Garrett Sigrist of Arcola has been selected to receive the first Coles-Moultrie Electric Cooperative Randall Beasley Memorial Scholarship. Ryleigh Hawkins of Mattoon has been selected to receive the Earl W. Struck Memorial Scholarship. Garrett is the son of…
DetailsThe Tennessee-based corporation that owns Barstow Community Hospital declared bankruptcy soon after COVID-19 arrived in the U.S. last year helping to keep the lights on by obtaining a new loan from financiers in New York and the Cayman Islands. Now, the city’s only hospital has a new chief executive, whose prior stints at financially troubled…
DetailsPersonal Insolvency arrangements have been approved by the High Court that will allow former newspaper owner John Sheils and his wife businesswoman Susan Casey continue to make mortgage payments on their Co Kilkenny home until they are in their mid-eighties. The approval, made by Mr Justice Mark Sanfey, will see the couple retain their family…
DetailsMONTREAL — Quebec’s Home Builders’ Association (APCHQ) has filed a police complaint against a Laval developer who went bankrupt last week, but not before taking at least $17 million in deposits from prospective home buyers. Lisa Alahaydoyan is one of those buyers. Her plan was to have a Laval home torn down and rebuilt into…
DetailsA bankrupt builder from Devon persuaded pensioners to pay him 271,000 to construct a home – but his poor workmanship has led to the couple having to live in a caravan. James Prentice was sentenced to six months in prison, suspended for two years, was ordered to carry out 150 hours of unpaid work and…
DetailsBreadcrumb Trail Links Personal Finance Columnists Credit debt has decreased in Canada, but thats little comfort if youre struggling with your own bills. Heres how to get back on track. Author of the article: Scott Hannah File photo of a Mastercard credit card. Photo by Reuters Article content Q: My partner and I were looking…
DetailsThe High Court has approved Personal Insolvency Arrangements that will allow former newspaper owner John Sheils, and his wife businesswoman Susan Casey, continue to make mortgage payments on their Co Kilkenny home until they are in their mid-eighties. The approval, made by Mr Justice Mark Sanfey, will see the couple retain their family home, Annamult…
DetailsAdvertisement Monday, July 5, 2021 Last year, the Corporate Insolvency and Governance Act 2020 made a number of changes to the UK insolvency landscape. Amongst the changes, was the addition of the ipso facto regime, which prevents suppliers terminating supply contracts as a result of insolvency-related events. Up until 30 June 2021, small suppliers were…
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