Millions of Britons are entering 2018 with a Christmas debt hangover after overspending during the festive period, new research has revealed. According to debt advice charity National Debtline, 16 per cent of Britons equivalent to around 7.9 million people – say they are likely to fall behind with their finances in January after spending too…
DetailsTURBO, ANTIOQUIA, Colombia, Jan. 02, 2018 (GLOBE NEWSWIRE) — We want to start our New Year Goals explaining our shareholders and followers what are our goals for 2018 1- We will focus on doing our audit for 2016 and 2017 to become a fully reporting company on the OTC 2- We will file…
DetailsAdvertisementUnilifes First Amended Combined Disclosure Statement and Chapter 11 Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on December 13, 2017. Advertisement BankruptcyDatas detailed Plan Summary notes, The Bankruptcy filing and Plan of Liquidation attempt to implement a proce……
DetailsFinance minister Arun Jaitley on Tuesday said the government has entered into an unchartered territory as far as bankruptcy and insolvency Code is concerned and would continue to modify the law dealing with the issue. Insolvency and bankruptcy is an area in which it is only in the recent years that we have chartered into.…
DetailsFinance Minister Arun Jaitley on Tuesday said the government has entered into an unchartered territory as far as Insolvency and Bankruptcy Code is concerned and would continue to modify the law dealing with the issue. Insolvency and bankruptcy is an area in which it is only in the recent years that we have chartered into.…
DetailsOpposition in the Rajya Sabha today asked the government to identify willful defaulters of bank loans, as Congress leader P Chidambaram said the ordinance to amend the insolvency and bankruptcy code would benefit foreign companies and entities over Indian firms. Initiating a debate on the Insolvency and Bankruptcy Code (Amendment) Bill, the former Finance Minister,…
DetailsNew Delhi, Jan 2 Opposition in the Rajya Sabha today asked the government to identify willful defaulters of bank loans, as Congress leader P Chidambaram said the ordinance to amend the insolvency and bankruptcy code would benefit foreign companies and entities over Indian firms. Initiating a debate on the Insolvency and Bankruptcy Code (Amendment) Bill,…
DetailsLiz Jones, the high profile Mail on Sunday columnist, has revealed that she is bankrupt. In her column published on New Years Eve in the Mail on Sunday, Jones, dubbed the countess of confessional journalism said she was declared bankrupt in May 2017. She said: I lost my house in January. I gave up my…
DetailsAs Gov. Cuomo and the Legislature prepare this years economic development strategy, let us hear no more fanciful hopes and dreams about the supposed benefits of expanding casino gambling in New York. An ill-advised 2013 referendum that approved up to seven new full-scale gambling casinos has already proved to be a disappointment, delivering far…
DetailsEven as banks seek suitors for Essar Steel, which has been referred to the bankruptcy court, brothers Shashi and Ravi Ruia could well find inspiration from similar circumstances almost 20 years ago. Then too, they were facing the ignominy of a possible loss of their steel business. In 1999, Essar Steel had earned the dubious…
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