The Australian Financial Security Authority (AFSA) released regional personal insolvency statistics for the December quarter 2018. New personal insolvencies fell in most capital cities in the December quarter 2018 compared to the previous quarter. The exceptions were Greater Darwin and Greater Hobart. December quarter 2018 regional personal insolvencies state by state The Greater Sydney regions…
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DetailsNEW YORK, Jan. 30, 2019 (GLOBE NEWSWIRE) — The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. Danske Bank A/S (OTCMKTS: DNKEY)Class…
DetailsA consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender. The Bank of Ghana (BoG) announced the appointment of Mr Addo, who is the President of the Ghana Association of Restructuring and Insolvency Advisors (GARIA), in a…
DetailsSAP employees in Australia are facing an uncertain future with their employment after the business software giant announced it is cutting 4,400 jobs worldwide as part of its restructuring. In its quarterly markets statement, SAP revealed plans to reduce its global workforce as the company transitions from a traditional software delivery to a more cloud-based…
DetailsCHATTANOOGA, Tenn.–(BUSINESS WIRE)–Unum (NYSE:UNM) is offering a new benefit to help its employees tackle student debt. Starting next year, U.S. employees can transfer carry-over paid time off (PTO) into a payment against student debt through the Student Debt Relief Program, managed by financial services provider Fidelity Investments. Click to tweet. Many people face the challenge…
DetailsA consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender. The Bank of Ghana (BoG) announced the appointment of Mr Addo, who is the President of the Ghana Association of Restructuring and Insolvency Advisors (GARIA), in a…
DetailsLONDON (Reuters) – Two of the worlds largest precious metals refiners, Valcambi and Asahi, are separately bidding for the assets of their bankrupt Miami-based rival Republic Metals Corporation (RMC), two sources familiar with the matter said on Wednesday. FILE PHOTO – A gold Combibar is seen at a plant of gold refiner and bar manufacturer…
DetailsParamount Pictures laid off roughly 20 staff members from several departments on Tuesday as part of a restructuring effort, insiders familiar with the matter told Variety. Departments including legal, business affairs, TVand finance were affected. Cuts were not major and largely affected back-office staff. Paramount chief operating officer Andrew Gumpert addressed the matter in a…
DetailsNEW YORK, Jan. 30, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
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