TORONTO–(BUSINESS WIRE)–Telehop Communications Inc. has completed its agreement with its debenture holders to effect a partial conversion into common shares, reduce the interest rate on the remaining balance and extend the final maturity date. The particulars of the restructuring are as follows: 1. That effective on Dec. 31, 2016, the interest rate on the debentures…
DetailsBalance-transfer credit cards are most frequently used by consumers who are currently struggling with debt. In exchange for a one-time fee, they allow debts youre carrying at higher interest rates to be switched to them to be paid down at a 0% APR for some length of time usually between 15 to 24 months. However,…
DetailsThe wife of a man jailed for life for the murder of their two young sons has obtained a High Court judgment of 77,690 against her husband over the deaths of the boys. Kathleen Chada, a clinic manager, of Ballinkillen, Bagnelstown, Co Carlow, sued Sanjeev Chada, 45, whose address was given as Arbour Hill Prison…
Details13:07 23 January 2017 Tony Gussin The Queen’s Theatre in Barnstaple. Archant The Queens Theatre in Barnstaple and the Landmark in Ilfracombe are closed until further notice as the theatres trust goes into voluntary administration … Read the full article at: http://www.northdevongazette.co.uk/news/north_devon_theatres_trust_goes_into_administration_1_4859420
DetailsMumbai: The central bank is working on setting up a financial sector resolution corporation, said N.S. Vishwanathan, deputy governor, Reserve Bank of India (RBI). We have discussed with the government the shape this corporation will take. Its purpose is to not only provide insurance to financial companies but also to provide resolution, Vishwanathan said at…
DetailsNovember 1858. The Austro-Hungarian Imperial Navy frigate SMS Novara visits Sydney as part of a two-year, round-the-world scientific expedition intended to advance science while promoting Austro-Hungarian prestige. On board was the Austrian economist and ethnologist Karl Scherzer. During the ships brief stay, Scherzer made the acquaintance of Wilhelm Kirchner, being entertained at the Kirchner home…
DetailsComments (3) A Derby insolvency expert has warned that a “hard Brexit” is likely to lead to a surge in companies going out of business. According to research by insolvency and restructuring trade body R3, almost three-quarters of its members believe the EU Referendum result will cause corporate insolvency numbers to rise by the end of…
DetailsOver the last several years,more than 80 banks in Ukraine have been declared insolvent. Business entities and private citizens havelost billions of hryvnias that was on their current accounts. Weve got used to the news of another bank turning into an empty can, from which all funds have been washed out, leaving zero chances for…
DetailsFeatured Articles In an endorsement of the Justice R.M. Lodha Committee’s work to usher in transparency within BCCI officialdom, leading sportspersons joined hands to ask the Supreme Court to implement the apex court-appointed Lodha panel’s sweeping reforms for BCCI on other sporting federations across the spectrum. A Bench led by Chief Justice of India J.S.…
DetailsStudent loan repayments could rise in this year’s federal budget. Glenn Hunt Universities have backed moves to consider key changes to the HECS-HELP student loan scheme, giving cover to Education Minister Simon Birmingham to increase costs to students in his higher education reform announcement expected in coming months. The universities’ peak lobby group, Universities Australia,…
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