MOSCOW, Dec 14 (Reuters) – Palmali, one of the biggest players in Russias river-to-sea cargo market, plans to appeal against a court decision declaring its Russian business bankrupt and effectively handing its fleet over to Sberbank, the shipping firms owner said on Friday. Last month, a court in Rostov-on-Don in southern Russia declared the Palmali…
DetailsWith credit playing such a huge factor in our financial futures, its no wonder we look for ways to maximize our credit scores. And a common strategy for building our credit scores is to pay off debt, whichcan help improve a credit score, especially if the cardholder is carrying a large balance. It seems logical,…
DetailsDear Sir / Madam, In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August 2018, September 03, 2018, October 01, 2018, October 10, 2018, October 22, 2018, October 24, 2018 and November 20, 2018, we would like to inform you…
Details(Repeats Thursday story without changes) * About 10 percent of Czech adults have seizure orders * Orders cover debts worth $10.5 billion or 5 pct of GDP * 4.6 mln seizure orders at end-2017 vs 2.5 mln in Germany * Tens of thousands avoid legal work due to punitive payments * Exodus to grey jobs…
DetailsA month-long FE Week investigation has uncovered a trail of insolvency and debt left by two businessmen, David Harper and Mark Hargreaves, whove created a complex web of companies involving Talent Training and AMS Nationwide which received millions in apprenticeship funding from the government. Questions are now being raised over why a multinational employer, Santander,…
DetailsNEW YORK, Dec. 13, 2018 /PRNewswire/ –Pomerantz LLP is investigating claims on behalf of investors of Yangtze River Port & Logistics Limited (“Yangtze” or the “Company”) (NASDAQ: YRIV) Investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980. The investigation concerns whether Yangtze and certain of its officers and/or directors have…
DetailsOperations at Uchumi Supermarkets have ground to a halt as legal suits by creditors stall turnaround efforts. The disputes have weakened the retailers ability to cash in on the busy festive season, winding up another dismal year for Kenyas pioneer chain store. Following various litigation matters concerning the solvency of the company and the lease…
DetailsGE stock rose nearly 12% as a longtime bear raised rating on the stock, signaling that, as GE moved to revamp its digital business, the worst may be behind the troubled conglomerate. Since July 2016, GEs stock has lost 78% of its value, while the S&P 500 Index has risen 23%. Years of building up…
DetailsDear Rusty: Sometimes words used have different meaning to others, like your recent article on the Social Security Trust Fund. In a true trust fund, monies are only used for a specific purpose. Our so-called Social Security Trust Fund doesnt work like that. Instead, money collected goes directly into the US Treasury, mixed up…
DetailsOperational creditors of companies undergoing the corporate insolvency resolution process should have a say in the committee of creditors (CoC) and get voting rights proportional to the debt owed to them, the Supreme Court observed on Thursday. A two-judge Bench of Justice Rohinton Fali Nariman and Justice Navin Sinha asked…
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