LINCOLN–College graduates and Nebraska businesses would both benefit under a bill introduced by Sen. Kate Bolz of Lincoln. LB443, the Student Loan Repayment Tax Credit Act, would be a way for a business to help pay the student loan debt of its employees. Businesses could pay for an employees student loan principal and interest and…
DetailsToday, shortly after receiving an award from the Cleantech Group for North American company of the year (yet another kiss of death), Aquion declared bankruptcy. Aquion raised a total of $190 million in venture capital and debt for its saltwater batteries intended for long-duration storage. The company also raised a lot of hype. The startup…
DetailsRALEIGH, NC (March 9, 2017)AG Josh Stein today announced that a court ruled in the AG offices favor against an illegal debt relief scheme. Orion Processing, Swift Rock Financial, and World Law South which did business under the name World Law falsely offered to assist consumers with debt relief and requested advance payment of fees…
DetailsThe number of people going into a type of personal insolvency known as “bankruptcy light” has risen during the first three months of 2016 in official figures released on Friday. The Insolvency Service said 6,722 debt relief orders were taken out between January and March across England and Wales – marking a 3.4% increase compared…
DetailsFile photo. Related: Blackjack debt leads to Romsey grow house A MAN who claims he started a cannabis grow house to pay back a gambling debt has been sentenced to three years in jail. Van Ri Nguyen, 60, was sentenced in the Bendigo County Court on Friday on one count of cultivating a commercial quantity of cannabis,…
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DetailsThe much-awaited new bankruptcy law in the United Arab Emirates is a complete legal framework designed to help financially troubled companies to avoid collapse. The new law took effect on December 29 2016 after being decreed by President Sheikh Khalifa. It is part of the global wave of insolvency reform referred to as the ‘rescue…
DetailsStuart Forrest speaking at the launch of the 2017 Entrepreneur of the Year award in Cape Town. Triggerfish Animation Studios is a South African film and entertainment animation company which produced the award-winning feature films, Adventures in Zambezia and Khumba. It has also recently created the animation for Roald Dahls Revolting Rhymes TV series, which…
DetailsUnited Utilities staff at the roadshow. United Utilities is taking to the road to offer help and advice on how the residents of Barrow can lower their water bill. The water firm is coming to the town to let more people know about the extra help that is available to customers. Specialist advisors will be…
DetailsProperty owners who have been in limbo since construction company Watersun Homes went into voluntary administration will have their homes completed by new builders, administrators say. Three hundred projects across Victoria have been affected since the company ceased trading in the state on February 28. Ninety jobs have also been lost. Administrators Rodgers Reidy have…
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