HR restructuring in China can be a tripwire for foreign companies given the countrys strict labor laws and regulatory standards. We spotlight top considerations. The success of a company often hinges on its ability to recruit, retain, and realize the added value and potential of its employees. Similarly, in the case of business restructuring how…
DetailsFor company restructuring in China, businesses must strategize based on which options will bolster their operational sustainability and facilitate company preparedness and agility, factors that are essential during periods of crises like the pandemic. Businesses looking to benefit from Chinas economic rebound may consider how their corporate strategy could be optimized through restructuring their operations,…
DetailsThe Centre has used the Ordinance route to introduce pre-packaged insolvency resolution process (pre-pack) for companies classified as micro, small and medium enterprises (MSMEs). India currently has about 6-7 lakh companies classified as MSMEs, and potentially these many could benefit from the newly introduced pre-packaged insolvency framework. In the Indian framework context, a pre-packaged insolvency…
DetailsClimbing 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 top six debt relief programs to help you get out of debt. We factored in topics like financial guarantee, transparency and…
DetailsAn IFA delegation recently met with the Minister for Justice Helen McEntee and the minister of state for law reform James Browne to discuss ongoing reform of the Personal Insolvency Act. IFA farm business chairperson Rose Mary McDonagh welcomed the Personal Insolvency (Amendment) Bill as it removes the requirement for debt to have originated prior…
DetailsWASHINGTON The Biden administration entered the White House with an eye toward relieving the strain of student loan debt, particularly amid the added financial burden of the coronavirus pandemic. On day one in office, President Joe Biden signed an executive order extending a pause student federal loan payments enacted by the previous administration as part…
DetailsFrom bankrupt gambling addict to multi-millionaire: AFL great Brendan Fevola and his ex-wife turned fiance sell their $2.2million Melbourne property and move into a lavish home Fevola and his fiancee Alex offloaded the Brighton East property for $2.2million They then splashed $3million on a five-bedroom home in Hampton, Melbourne The 40-year-old Lions great bounced back…
DetailsThe Star Entertainment Group has doubled down on its bid to sue an Asian billionaire who racked up a $43 million gambling debt at its Gold Coast casino. VIP high roller Dr Wong Yew Choy allegedly dishonoured a blank cheque after a five-day losing streak playing baccarat at The Star Gold Coast. After losing an…
DetailsDale Lending wants you to believe they are offering loans with APRs as low as 3.02%. They have begun flooding the market with debt consolidation and credit card relief offers. The problem is that the terms and conditions are at the very least confusing, and possibly even suspect. Do you really think you will be…
DetailsGold Coast’s The Star casino doubles down on bid to sue billionaire Asian high roller accused of racking up a $43million gambling debt before flying home and refusing to pay a cent Asian billionaire Dr Wong Yew Choy $43million in debt to The Star Gold Coast Well-known gambler opened $40million account and lost it all…
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