Earlier this year, Black farmers were slated to receive billions of dollars in federal aid to wipe away their U.S. Department of Agriculture loans. The chance of actually getting that money however is starting to wither. That’s because two federal judges have blocked Black, Brown and other farmers of color from getting the debt-relief payments.…
DetailsOn June 24, another employee of the defunct Nagaon Paper Mill in Assam died due to a cardiac arrest, after reportedly failing to arrange money for treatment because of non-payment of salary for over four and half years. NPM is one of the two paper mills of the government-owned Hindustan Paper Mill Corporation (HPCL), the…
DetailsDive Brief: BBQ Holdings will acquire family dining brand Village Inn and Bakers Square from owner VIBSQ, LLC, for $13.5 million, according to an SEC filing. Village Inn, which has 21 company-owned units and 114 franchised restaurants, 13-unit Bakers Square will become wholly owned subsidiaries of BBQ Holdings.The transaction is expected to close by the…
DetailsMany retail REITs had been struggling long before the COVID-19 pandemic, so it isn’t surprising that some of the weaker players in the space ended up declaring bankruptcy in 2021. Washington Prime Group (NYSE:WPG) is the latest one to do so, and in thisFool Live video clip,recorded on June 14, Fool.com contributor Matt Frankel, CFP,…
DetailsMember Article CORPORATE insolvencies are on the rise as the country emerges from the Covid-19 pandemic. The latest official figures show that corporate insolvencies increased by 8.8 per cent to 1,011 in May, a rise of 6.9 per cent as compared to the same period last year. And Sheffield expert Deborah Lockwood, of business turnaround…
DetailsSouth Shore Holdings is facing the loss of its primary asset, THE 13 Hotel in Macau, plus delisting from the Hong Kong Stock Exchange should the Macau court officially declare the company bankrupt. After applying to the court this week for voluntary liquidation of its wholly-owned subsidiary New Concordia Hotel Limited, the sole beneficial owner…
Detailsshare this article Share this article (The Jakarta Post) PREMIUM Jakarta Fri, June 25 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major options in negotiations…
DetailsAntenna, an audio guide supplier to some of the UK’s biggest museums and galleries, has been bought by ATS Heritage after going into liquidation. The international technology firm provided tour solutions and technology such as apps, multimedia and audioguides for clients including Blenheim Palace and the National Gallery. A voluntary winding up notice was issued…
DetailsPANDEMIC costs and the high price of cattle have been named as key impacts leading to the placing of prominent live cattle exporters the North Australia Cattle Company, and its southern counterpart, into voluntary administration. The company, once the live export logistics business of Elders, has accumulated debts owed to trade creditors of approximately $3.6…
DetailsSTADIO ENNIO TARDINI, PARMA, ITALY – 2020/12/19: Gianluigi Buffon of Juventus FC looks on during … [+] warm up prior to the Serie A football match between Parma Calcio and Juventus FC. Juventus FC won 4-0 over Parma Calcio. (Photo by Nicol Campo/LightRocket via Getty Images) LightRocket via Getty Images Age is just a number…
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