Steve Sprovach and Amy Wagner Published 9:44 p.m. ET June 16, 2021 CLOSE Amy Wagner and Steve Sprovach, Allworth Advice (Photo: Provided) Question: H.G. in Butler County: Can you help? I have about $20,000 in credit card debt and not much in savings. Should I focus more on paying down the debt or building my…
Details1. Data Sources Company Insolvency data for England & Wales, Scotland and Northern Ireland are sourced from Companies House, except for compulsory liquidation data for England & Wales and Northern Ireland. Compulsory liquidation data for England & Wales are sourced from the Insolvency Service case information system (ISCIS). Compulsory liquidation data for Northern Ireland are…
DetailsSolving the challenges facing this diverse group of nations, which are home to 3 out of 4 people, is critical to putting the world on a more sustainable and inclusive post-COVID-19 development path. Middle-income countries (MICs) are home to 62% of the worlds poor, but the challenges they face are often overlooked or seen as…
DetailsOXLEY HOLDINGS LIMITED (Incorporated in the Republic of Singapore under Registration No. 201005612G) UPDATE ON SUBSIDIARIES UNDER VOLUNTARY ADMINISTRATION IN AUSTRALIA The Board of Directors of Oxley Holdings Limited (the “Company“, and together with its subsidiaries, the “Group“) refers to the announcement on 18 May 2021 relating to the appointment of voluntary administrators by the…
DetailsThe swift spread of coronavirus needed an equally rapid response from government, but with business coming back to life its time for the economy to stand on its own again, says the Insolvency Services Paul Bannister. The sudden beginning of the pandemic and the imposition of the first lockdown brought about an economic scenario we’ve…
DetailsOntarios government watchdog on Wednesday announced it will investigate cuts to French-language programs at Laurentian University. The investigation comes after Ontarios ombudsman received 60 complaints about the transparency and fairness of the process by which the programs were shelved after the northern Ontario university sought creditor protection and declared itself insolvent in February. The university…
DetailsMantra Properties & Developers and Solitaire group are among the three companies which have submitted their bids to acquire Pune-based listed realty firm D S Kulkarni Developers through the insolvency process. In September 2019, the National Company Law Tribunal (NCLT), Mumbai Bench ordered the commencement of corporate insolvency resolution process (CIRP) in respect of D…
DetailsAround 200 applications for resolution of stressed assets have been filed under the insolvency law since the suspension of fresh proceedings ended on March 24, according to IBBI. Amid the coronavirus pandemic that had significantly impacted economic activities, certain provisions under the Insolvency and Bankruptcy Code (IBC) were suspended with effect from March 25, 2020.…
DetailsBankruptcy tribunal NCLT has raised doubts over “confidentiality” of the liquidation valuation of the assets of Videocon Industries and its 12 group companies during the insolvency process. The tribunal has asked the Insolvency and Bankruptcy Board of India (IBBI) “to examine this issue in depth” to ensure that the confidentiality clause is followed without any…
DetailsBankruptcy tribunal NCLT has raised doubts over “confidentiality” of the liquidation valuation of the assets of Videocon Industries and its 12 group companies during the insolvency process. The tribunal has asked the Insolvency and Bankruptcy Board of India (IBBI) “to examine this issue in depth” to ensure that the confidentiality clause is followed without any…
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