Australian unions oppose installation of chancellor at Newcastle University but support pro-business restructure – WSWS

Over the past month, the National Tertiary Education Union (NTEU) and the University of Newcastle Students Association (UNSA) have waged a cynical and diversionary campaign opposing the announcement that former National Party politician Mark Vale was to become the new chancellor of the university in regional New South Wales. The NTEU, the main academic union,…

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Understanding IBC: Facts and implementation challenges – BusinessLine

Insolvency and Bankruptcy Code, 2016 is a comprehensive law that consolidates into its manifold both the consequential aspects of an economic collapse of a debtor rehabilitation and liquidation. The principal objective of the law is to restructure and resolve insolvency of corporate persons, partnership firms and individuals promptly for leveraging the maximum value of assets…

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An angry Phil Mickelson, stung by a story on a decades-old gambling incident , says he’s not likely to play in Detroit again – Golf Digest

DETROIT Short of a victory here this week in the Rocket Mortgage Classic and were not sure even that will change his mind Phil Mickelson will not be returning to this fledgling PGA Tour event now in its third year. A three-under 69 Thursday at Detroit Golf Club, fueled by three birdies in his last…

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Claim Of Refund Of Advance Payment- Whether An Operational Debt Under The Insolvency & Bankruptcy Code,… – Live Law – Indian Legal News

Companies Act, 1956, Corporate Insolvency Resolution Process, Swiss Ribbons Private Limited v. Union of India, Insolvency and Bankruptcy Code, NCLT Top Begin typing your search above and press return to search. Read the full article at: https://www.livelaw.in/law-firms/law-firm-articles-/companies-act-1956-corporate-insolvency-resolution-process-swiss-ribbons-private-limited-v-union-of-india-insolvency-and-bankruptcy-code-nclt-176680

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White House official urges China, private sector to step up global debt relief – Reuters

A woman receives the AstraZeneca/Oxford vaccine under the COVAX scheme against the coronavirus disease (COVID-19) at the Eka Kotebe General Hospital in Addis Ababa, Ethiopia March 13, 2021. REUTERS/Tiksa Negeri WASHINGTON, June 30 (Reuters) – The G20 major economies should revitalize a freeze in official bilateral debt payments by the poorest countries to include middle…

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Hertz Completes Chapter 11 Restructuring Process – Business Travel News

Hertz Global Holdings has completed its Chapter 11 restructuring process, the car rental company announced Wednesday. Hertz’s Chapter 11 exit plan wasapproved by a U.S. bankruptcy courton June 10. Hertz filed for bankruptcy inMay 2020. Among theplan’s features, Hertzwill eliminate over $5 billion of debt, including all of Hertz Europe’s corporate debt. Hertz also will…

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