Malaysia’s AirAsia X gets shareholder go-ahead for restructuring plan – Jakarta Post

Restructuring

Share this article Liz Lee (Reuters) Kuala Lumpur, Malaysia Wed, June 2, 2021 2021-06-02 16:15 0 ef61debc7c9ec5e1a7dfe462b71fb817 2 Business Air-Asia,Malaysia,shareholders,restructuring,aviation-industry Free AirAsia X shareholders have approved the Malaysian budget airline’s debt restructuring, it said on Tuesday, allowing it to pursue a scheme it viewed as key to survival. Shareholders of the long-haul affiliate of AirAsia…

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Province says it welcomed offer from federal government to help save French programs at Laurentian University – CTV Toronto

Bankruptcy

SUDBURY — The Ontario government said Wednesday it is committed to French-language programs at Laurentian University and welcomes federal funding to help achieve that goal. It also disputed claims from Mlanie Joly, federal Minister of Economic Development and Official Languages, who said Tuesday the province didn’t respond to an offer to help. “We have said…

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OPINION: American Jobs Plan needs to include student debt relief – The Oracle

Debt Help

With almost 35% of USF Tampas undergraduate students stuck with over $30,000 in loan debt after getting a bachelors degree and many Americans struggling through the pandemic, student debt relief should be a top priority for the Biden administration. SPECIAL TO THE ORACLE/FLICKR/InvestmentZen The American Jobs Plan, which is President Joe Bidens first major infrastructure…

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Ex-reality TV stars’ ‘misleading’ debt ads banned – BBC News

Debt Help

By Simon ReadBusiness reporter, BBC News image copyrightGetty Imagesimage captionGeordie Shore’s Chloe Ferry has 3.7 million followers on Instagram Instagram posts by three reality TV stars promising that people in financial trouble could wipe out 85% of their debt have been banned. The ads were labelled “misleading” by the Advertising Standards Authority (ASA) for failing…

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Live exporter North Australian Cattle Company goes into voluntary administration – ABC News

Liquidation

One of Australia’s biggest and oldest live export companies has gone into voluntary administrationin a sign of how much pressure the industry is under. Key points: NACC goes into voluntary administration, owing around $3.6 million Record high domestic and live export cattle prices are putting pressure on exporters Export companies report losing between $200 and…

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Malaysia’s AirAsia X gets shareholder go-ahead for restructuring plan – Jakarta Post

Restructuring

Share this article Liz Lee (Reuters) Kuala Lumpur, Malaysia Wed, June 2, 2021 2021-06-02 16:15 0 ef61debc7c9ec5e1a7dfe462b71fb817 2 Business Air-Asia,Malaysia,shareholders,restructuring,aviation-industry Free AirAsia X shareholders have approved the Malaysian budget airline’s debt restructuring, it said on Tuesday, allowing it to pursue a scheme it viewed as key to survival. Shareholders of the long-haul affiliate of AirAsia…

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Personal Guarantors Under The Insolvency And Bankruptcy Code, 2016 – Live Law – Indian Legal News

Bankruptcy

The Supreme Court of India in Lalit Kumar Jain vs. Union of India & Ors.[1] has dismissed a challenge to a notification dated 15.11.2019 issued by the Ministry of Corporate Affairs,[2] which brought into force the following provisions of the Insolvency and Bankruptcy Code (hereinafter referred to as the ‘Code’), 2016: Clause (e) of Section…

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