By Reuters Staff 2 Min Read FILE PHOTO: The GFG Alliance flag flies at the completion of a 330 million pound deal to buy Britain’s last remaining Aluminium smelter in Fort William Lochaber Scotland, Britain December 19, 2016. REUTERS/Russell Cheyne PARIS (Reuters) – The Alvance Aluminium branch of British businessman Sanjeev Guptas GFG Alliance on…
DetailsLaw360 (April 20, 2021, 5:56 PM EDT) — A California federal judge Tuesday rejected Bank of America’s bid to dismiss claims it violated state law when it incorrectly reported that a customer had declared bankruptcy, saying a failure to do a reasonable cross-check of his information would have violated California law. In her ruling, U.S.…
DetailsBetween credit cards, student loans and auto loans, it can be difficult to keep track of payments and balances on outstanding debts. Consolidating these debts into a single loan may streamline your finances, but the strategy likely wont fix underlying financial challenges. For that reason, its important to understand the pros and cons of debt…
DetailsDebts to the state and social security entities will be forgiven for debtors who are also relieved of other arrears in case of bankruptcy, according to a ministerial decision regarding the application of the new bankruptcy code. The exemption from the payment of requirements will concern both individuals and companies and will be granted 36…
DetailsTue, 20 Apr 2021 | BUSINESS NEWS Government figures show that UK company insolvencies rose 44.8 per cent from 685 in February to 992 in March, as the impact of the COVID-19 pandemic on businesses began to become clearer. UK company insolvencies, as well as administrations, have largely remained low since the onset of the…
DetailsWhen Debbie (not her real name) lost her main client and was left without a reliable income, the sole trader sold her home and adjoining investment unit to pay off her debts and ensure she had the means to support her daughter and herself. But things didnt work out as she had hoped. A year…
DetailsA notable monthly increase in corporate insolvencies indicates the negative impact of the pandemic on businesses, but the ability of companies to reinvent themselves over the past twelve months should give cause for economic optimism. This is according to the Midlands branch of insolvency and restructuring trade body R3 and comes on the back of…
DetailsSan Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) — MagnoliaMediaNetwork announces the release of the review “Best Debt Relief Programs 2021” Climbing out of debt can feel like a nearly-impossible task with all the late fees and interest rates. The best debt relief programs can lighten your load. Our in-depth research led us to the…
DetailsLAS VEGAS & TORONTO–(BUSINESS WIRE)–Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, is pleased to announce today that (i) following its press release dated April 14, 2021, the Company has completed its restructuring transaction with its 9.5% unsecured debentures due…
Details19th April 2021 By Vicky ShawDebt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year. A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started. Rachel Springall, a finance expert at…
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