Ravn is bankrupt and selling off assets, but still wants to give chief executive a bonus – Alaska Public Media News

A RavnAir Group Dash-8 plane sits on the tarmac at Anchorages international airport. (Ravn Alaska) Alaskas largest rural airline has declared bankruptcy, laid off more than 1,000 workers and is selling off its assets. But the company still wants to split $250,000 in bonuses between its highly-paid chief executive and other employees. In a filing…

Details

Failing students could lose financial help – Great Lakes Advocate

University students who flunk half of their first-year subjects could lose financial support under a federal government proposal to curb soaring debts. The government is targeting students who amass debts by over-enrolling in subjects, sometimes at multiple institutions. Universities will have to make greater efforts to assess academic suitability for selected courses and monitor students’…

Details

Jim Chalmers says two-thirds of the debt in the budget was borrowed before the start of the pandemic. Is he correct? – ABC News

The claim Both the Coalition and Labor have in the past argued that paying off Commonwealth debt is a benchmark of economic success in Australian politics. But Treasurer Josh Frydenberg recently warned Australians that his July budget update was going to contain “eye watering numbers around debt and deficit”, saying: “The coronavirus has required the…

Details

Failing students to lose financial help – Yass Tribune

University students who flunk half of their first-year courses could lose financial support under a federal government proposal to curb soaring HELP debts. The government has its sight set on students who amass debts by over-enrolling in subjects, sometimes at multiple institutions. Universities will have to make greater efforts to assess academic suitability for selected…

Details

Meet the 7 WarnerMedia execs who gained power during its massive leadership shakeup and business restructuring – Business Insider

Jason Kilar Jason Kilar.WarnerMedia Kilar already had the power, but the restructuring was his first major display of it after taking the CEO job in May. His move to simplify the legacy studio’s sprawling media empire undid some key appointments by his predecessor and current boss, John Stankey, who runs AT&T. For instance, Kilar dismissed…

Details

European Restructuring and Bankruptcy Landscape – The National Law Review

Wednesday, August 12, 2020 A comparison of the new Dutch Scheme and the new UK Restructuring Plan. Introduction The European restructuring landscape continues to evolve with the recent introduction of a new restructuring procedure (UK Restructuring Plan) into the United Kingdoms restructuring tool kit. The UK Restructuring Plan was enacted as part of the Corporate…

Details