Wisr Limited(ASX:WZR), formerly known as DirectMoney, grew its origination of personal loans by 42% in the March quarter compared with the previous December quarter. The 42% quarter-on-quarter growth follows 79% growth in the December quarter and 20% growth in the September quarter. Notably, since the business restructure in 2016, the gross annualised…
DetailsST. LOUIS (KMOV.com) — As News 4 continues to hear from viewers dealing with medical debt, we are also hearing from people around St. Louis who want to help with this growing issue. At his West St. Louis County law firm, Quinn Estate and Elder Law, Brian Quinn helps seniors plan for retirement, and he…
DetailsCoimbatore: Though there is no change in the position that moratorium on sale will apply not only to the assets of the Corporate Debtor but also to the assets of the guarantors, the National Company Law Appellate Tribunal (NCLAT) has made it clear that the moratorium does not restrict the filing of application for initiating…
DetailsThe National Company Law Appellate Tribunal (NCLAT) today ordered the lenders of Electrosteel Steels to submit evaluation criteria and comparative charts showing the score matrix done by it of the top three bidders in insolvency resolution proceedings. In addition, the tribunal has asked the resolution professional and the committee of…
Detailsby Tiffany Kary and Emma Orr Gibson Brands filed for bankruptcy with a turnaround plan that gives some of the company’s lenders equity ownership of the iconic American business that’s supplied guitars to B.B. King, Elvis Presley and Pete Townshend. Support from senior secured noteholders will help Gibson repay bank loans while going through a “change…
DetailsROHNERT PARK, Calif., May 1, 2018 /PRNewswire/ — Paying down student loans can be difficult for borrowers who only have federal loans. However, many borrowers must contend with both federal and private loans. While private loans have less flexibility than federal loans, both can be dealt with for a favorable repayment outcome. Ameritech Financial, a…
Detailsby Paula Mints Oh, what a tangled web you weave when vying for an exclusion from tariffs via strategic ac-quisition. In April, SunPower (SPWR) announced it had acquired (subject to regulatory approval) So-larWorld US, subsidiary of the company that kicked off the solar tariff dispute with a petition in 2012, focused on China as the…
DetailsROHNERT PARK, Calif., April 30, 2018 /PRNewswire/ — In the past decade, the U.S. has seen an increase in college attendance which has helped fuel the student debt problem. Meanwhile, trade jobs are underfilled as high school students are pushed toward a four-year college path, potentially doomed to deal with student debt for decades. Ameritech Financial,…
DetailsThe Mumbai Bench of the NCLT has directed commencement of corporate insolvency resolution process for EPC Constructions India Pvt Ltd, formerly known as Essar Projects (India) Ltd, on a petition filed by IDBI Bank to recover outstanding loans of 969 crore. As per the submissions made by IDBI Bank before the Tribunal, the account of…
DetailsCalcutta: Maithan Alloys Limited has earmarked an investment of Rs 275 crore to expand capacity in Bengal and is eyeing assets referred for corporate insolvency and liquidation. The company informed the BSE that its board has approved a greenfield plant with an estimated capacity of 1,20,000 tonnes per annum ferro alloy in the state. The…
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