Pacific WebWorks Chapter 11 Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on November 28, 2016. BankruptcyDatas Plan Summary notes, General Unsecured Claims will receive 80% of the amount of their Allowed General Unsecured Claims, in cash, on the Initial Distribution Date; and…
DetailsBy Marton Dunai BUDAPEST, Dec 30 Hungarian markets far outperformed regional peers in 2016 as ratings agencies restored the country’s investment grade status and its improving economic outlook lifted shares and the forint, while regional peers battled waning market confidence and political problems. Against a jittery international backdrop that included the surprise vote by Britain…
DetailsSET-listed Srisawad Power 1979 (SAWAD), a leading retail lender, will spend up to 2.01 billion baht to acquire those shares of Bangkok First Investment and Trust (BFIT) which it does not already own. The company will enter into an agreement with Narissara Kitpipit to acquire 53 million shares or a 26.5% stake in BFIT at…
DetailsVehicle distribution giant Inchcape is restructuring its Singapore operations, a move that will result in one of the biggest downsizing exercises the local motor industry has ever witnessed. The Straits Times understands that some 120 employees across Toyota agent Borneo Motors and Suzuki agent Champion Motors will be retrenched within the next several weeks. The…
DetailsCooperatives and Small and Medium Enterprises Ministry said on Thursday that it would strengthen collaboration with the State-owned Enterprises (SOEs) Ministry to help small and medium enterprises expand. The two ministries plan to integrate business service centers and SOE Creative Houses across the country since the institutions shared the aim of providing solutions for SMEs in regard…
DetailsSET-listed Srisawad Power 1979 (SAWAD), a leading retail lender, will spend up to 2.01 billion baht to acquire those shares of Bangkok First Investment and Trust (BFIT) which it does not already own. The company will enter into an agreement with Narissara Kitpipit to acquire 53 million shares or a 26.5% stake in BFIT at…
DetailsAs those holiday bills start coming in you may find yourself overwhelmed. Now is the perfect time to tackle your debt and develop a plan to pay it off. And you dont have to go it alone. In fact, getting free and low cost help can reduce your stress and overall payments, saving you money…
DetailsYou know you have too much credit card debt when the arrival of bills cause a physical reaction: a warming in your face, a quickening of your heart. How are you going to pay it all off in addition to your student loans, rent and trying to save a little something? What if your credit score tanks? You’re…
DetailsThe Union finance ministry is considering a proposal to restructure sugar mills debt, which is under severe stress due to lack of capacity utilisation. While sugar crushing begun two months ago, some mills in Maharashtra and Karnataka dont have enough sugarcane to crush and are said to be closing operations. The sugar sectors total…
DetailsNational Debt Relief recently shared in an article published December 11, 2016 some financial information that would help consumers understand debt consolidation and debt restructuring better. The article titled “Defining The Fine Line Between Debt Consolidation And Debt Restructuring” looks at the differences as well as similarities of the two programs. Philadelphia, PA (PRWEB) December…
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