Thompson & Knight Welcomes New York Restructuring Partner – Markets Insider

NEW YORK, Oct. 2, 2017 /PRNewswire/ — Thompson & Knight LLP is pleased to announce Patrick J. Trostle has joined the Firm as a Partner in its New York office in the Bankruptcy and Restructuring Practice Group. “With 25 years of experience, Patrick will add immediate depth to our nationally recognized Bankruptcy and Restructuring Practice. He…

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How to check your credit rating, what is your personal credit score and what is the credit rating scale? – The Sun

LAST month credit reference agency Equifax was the victim of a major cyber-attack which saw the personal details of thousands of customers stolen. But what are the credit reference agencies, what information do they hold and what does your credit rating ACTUALLY mean? Alamy Your credit report is vital if you’re going to get the…

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The 1-2 Punch to Knockout Student Debt: Crowdfunding and Employee Loan Benefits – Markets Insider

THOUSAND OAKS, Calif., Oct. 2, 2017 /PRNewswire/ — The new and Innovative LoanGifting SaaS Fin Tech solution was created to help overcome the estimated $1.5 trillion student loan debt epidemic. As per the Federal Reserve Bank of New York, the average default rate on student loan debt is 11.2 percent. More specifically, it is estimated that…

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Joanna Clark: Expect more high street casualties as struggling retailers turn to insolvency – The Scotsman

Lately, it seems that a day doesnt go by without another gloomy forecast about the retail sector. At the moment, anticipated price hikes are making the headlines, with Brexit, higher inflation, an unstable pound and business rates all being cited as contributing factors. Consumer confidence is another regular theme. The Scottish Retail Consortium recently called…

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Monarch files for insolvency in UK’s biggest airline collapse – gulfnews.com

Collapse of Monarch, which served more than 40 destinations from five UK bases, follows insolvency filings at Alitalia SpA and Air Berlin Plc London: UK leisure carrier Monarch filed for insolvency in Britains biggest-ever airline collapse, leaving the government to arrange the return of 110,000 tourists and marking the third failure of a major European…

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Monarch Airlines collapses, leaving 110000 passengers without flights – MarketWatch

British budget carrier Monarch Airlines has declared bankruptcy and halted operations, leaving up to 110,000 passengers stranded abroad after all flights and vacations were canceled. What happened: The company entered administration on Monday, in what is being described as the U.K.s biggest-ever airline collapse, after struggling to keep going amid a p… Read the full…

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Adeptus Health Successfully Completes Financial Restructuring – Markets Insider

LEWISVILLE, Texas, Oct. 2, 2017 /PRNewswire/ — Adeptus Health Inc.,(the “Company”), the largest operator of freestanding emergency rooms in the U.S., today announced that the Company has successfully completed its financial restructuring and emerged from Chapter 11. In accordance with the Plan of Reorganization, reorganized Adeptus Health, formerly owned by the Company is now owned by…

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Individual insolvency norms a priority, says IBBI Chairman – Economic Times

Asserting that resolution plans should balance interests of all stakeholders, IBBI chief M S Sahoo has said operationalising the individual insolvency framework as well as developing the market for interim finance are among the priorities for the regulator. In one year of existence, the Insolvency and Bankruptcy Board of India (IBBI) has already put in…

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