Caffeine and napping have something in common. Both make you feel alert and can enhance your performance, whether thats driving, working or studying. But some people are convinced that drinking a coffee before a nap gives you an extra zap of energy when you wake up. How could that be? Is there any evidence to…
DetailsBy Corina Pons and Eyanir Chinea | CARACAS Venezuela’s central bank is negotiating about $500 million in financing with a New York-based investment fund by using PDVSA bonds as collateral to help meet almost $3 billion in debt payments coming due in April, a lawmaker said on Monday. The bank began talks with U.S. investment…
DetailsLegal Aid’s Julie Maron, Tahlena Galvin-Moule and Nicole Dwyer. Riverina residents worried about Centrelink debt notices can now have legal queries fast-tracked. Legal Aid has joined forces with community legal centres to give timely and independent legal advice for these people, including those who have received a so-called robo-debt or automated debt notice. Anyone calling LawAccess in relation to a Centrelink debt…
DetailsTheres no panacea for the nations credit card debt but the Financial Conduct Authority is having a go at helping people languishing in continual debt. So-called persistent debt is a serious problem. Under the FCAs definition, credit card customers are in persistent debt if they have paid more in interest and charges than they have repaid…
DetailsInvest in RRSPs or other vehicles that are judgment-proof. If the worst happens you still have retirement funds The advice in this column is easy to put into place and will offer protection for personal assets in the case of a business failure. But taking it to an extreme, one could creditor-proof to the point…
DetailsHamilton, Bermuda, April 4, 2017 – Seadrill Limited (“Seadrill or the Company”) announces today that it has reached agreement with its banking group to extend a series of key dates as part of the Company’s ongoing restructuring efforts. The Company has reached an agreement to extend the milestone to implement a restructuring plan from 30 April…
DetailsLegal Aid’s Julie Maron, Tahlena Galvin-Moule and Nicole Dwyer. Riverina residents worried about Centrelink debt notices can now have legal queries fast-tracked. Legal Aid has joined forces with community legal centres to give timely and independent legal advice for these people, including those who have received a so-called robo-debt or automated debt notice. Anyone calling LawAccess in relation to a Centrelink debt…
DetailsAfter months of public consultations and revision, the Singapore parliament passed the Companies (Amendment) Bill (the “Bill“) on 10 March 2017 amending the Singapore Companies Act (the “Companies Act“). The Bill contains, among others, significant and novel changes to Singapore’s insolvency laws. This is no doubt a giant step towards positioning Singapore as…
DetailsDive Brief: Bankrupt electronics retailer HHGregg will proceed with liquidation of its business if it doesnt attract a buyer within the week, according to a March 29 filing with the Securities and Exchange Commission. A request for comment or further details from Retail Dive to HHGregg was not immediately returned. Tiger Capital Group, LLC and…
DetailsA precision engineering company based in Portslade has gone into liquidation, leaving all 16 members of staff redundant. C P Mechanical Designs Limited, which was first registered at an address in Goring Road, Worthing and is now based on Wellington Road in Portslade, has stopped trading after it called in insolvency and restructuring experts from…
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