Shutterstock photo (RTTNews.com) – While reporting its second-quarter financial results today, Radian Group Inc. ( RDN ) said that based on the strategic review of the Services business lines to date, it has decided to restructure this business and currently expects to incur charges relating to the changes necessary to reposition this business…
DetailsFestival organizer Valtifest was declared bankrupt on Tuesday, the organization announced on their website. The 10th edition of Valtifest, with the theme ArtiFarti, was set to take place on the NDSM site in Amsterdam on September 9th. Whether this can still happen is unclear, Het Parool reports. “The bankruptcy administrator is busy with various parties…
DetailsAUGUSTA, Maine – The Legislature has a busy day ahead with solar, student debt relief and hands-free driving bills on the agenda. Lawmakers are set to return for their final day of session to deal with bills, vetoes and bonds. Republican Gov. Paul LePage has voiced support for a $40 million bond for student debt relief and…
DetailsIndias banking industry is in the throes of a crisis. Bad debts are piling up at banks. Earlier, the multiplicity of laws dealing with the insolvency of a company has been a problem in the way of banks failing to recover their loans. The new insolvency and bankruptcy code brought by the incumbent National Democratic…
DetailsThe number of people seeking debt solutions continued to rise between April and June, according to new figures from the Insolvency Service of Ireland (ISI). There were 1,259 new applications for debt solutions during the second quarter, an increase of 71% on the same period last year. The vast majority of the applications (1,082) were…
DetailsNEWCASTLE has the highest rate of personal insolvency in regional NSW according to figures released by the Australian Financial Security Authority. Across the Hunter there were 215 cases of personal insolvency in the June quarter of 2017, with Newcastles 43 debtors the largest in the state outside of Sydney. Across Australia there were 7,729 debtors who entered a…
DetailsNew Delhi, Jul 27 () The National Company Law Tribunal (NCLT) today appointed an interim resolution professional to carry out the insolvency process of debt-ridden auto component maker Amtek Auto, according to a regulatory filing. “NCLT, Chandigarh has today…appointed Dinkar Tiruvannadapuram Venkatsubramanian as an interim resolution professional (IRP) for carrying out the CIRP (corporate insolvency…
DetailsThe longest running survey of Australias population known as HILDA has revealed a major shift in attitudes towards equality for same sex couples, a surprising rise in mortgage debt, higher poverty rates among children in single parent families and Australias love affair with lotto. The latest release of the Household, Income and Labour Dynamics in…
DetailsUpdated 11:05 pm, Tuesday, August 1, 2017 AUGUSTA, Maine (AP) The Legislature has a busy day ahead with solar, student debt relief and hands-free driving bills on the agenda. Lawmakers are set to return for their final day of session to deal with bills, vetoes and bonds. Republican Gov. Paul LePage has voiced support for a…
DetailsThe Australian Financial Security Authority have revealed Bunbury’s statistics for personal insolvency from March to June this year, with 43 new cases – the highest in regional WA. Bunbury has topped the list of regional personal insolvency statistics for Western Australia in June 2017. The Australian Financial Security Authority (AFSA) recently released regional personal insolvency…
Details