SPRINGFIELD Since 2011, the Massachusetts Debt Relief Foundation has been providing pro bono chapter 7 bankruptcy representation to people who are struggling to get out of debt. Five years later, the foundation is still offering these services in English, Spanish and Portuguese. “It’s something we see too often…people find themselves overwhelmed with debt and it…
DetailsPrime Minister John Key opened Callactive House in 2013, with then-Wellington City Council councillor John Morrison, and Callactive chief executive Rick Allan. The directors of a failed Wellington call centre who promised to create 2000 jobs have been declared bankrupt. CallActive was put into liquidation earlier this month, following the collapse of its Australian arm. Its Australian-based…
DetailsGoPro is restructuring and cutting around 15 percent of jobs in an effort to improve its struggling business. The latest job cuts, around 200 positions, follow a cut of 7 percent of GoPros workforce back in January, and they include the closure of GoPros entertainment division. GoPro president Tony Bates, who was previously Skype CEO…
DetailsMexico: Restructuring & Insolvency 2017 November 2016 We list 13 excellent practitioners in this section for their expertise in the full range of bankruptcy, restructuring and insolvency work. Thought Leaders Dario Oscós Coria Oscós Abogados, Mexico City Alejandro Sainz Cervantes Sainz, Mexico City We list two lawyers at…
DetailsThe Yomiuri ShimbunThe government and ruling parties plan to revise the tax system in a bid to provide a boost to the business restructuring of Japanese companies, The Yomiuri Shimbun has learned. Under the current tax system, when a company separates its business divisions or subsidiaries and makes them fully independent, corporate income tax and…
DetailsNov. 30, 2016 5:30 a.m. ET WASHINGTONThe federal government is on track to forgive at least $108 billion in student debt in coming years, according to a report that for the first time projects the full cost of plans that tie borrowers payments to their earnings. The report, to be released on Wednesday by the Government Accountability…
DetailsA former manager at an Aberdeen bar has narrowly avoided jail after embezzling more than £27,000 from his employers to feed his gambling addiction. Over the course of a year, former police officer Conor Summersgill carried out hundreds of unauthorised transactions at Paramount in Aberdeen before pocketing the cash. He was only caught out after…
DetailsDavid Menzies Scottish laws on insolvency have been brought together for the first time in a generation as the new Bankruptcy (Scotland) Act 2016 comes into force today. The Act captures all of the amendments made to the primary legislation governing bankruptcy in Scotland, the Bankruptcy (Scotland) Act 1985, including the wide-ranging reforms introduced in…
DetailsLike this story, share it with millions of investors on M3 Fresh infusion to help debt reduction: Amtek Auto The investors has made a significant investment in the group, said John Flintham, Vice Chairman of Amtek Auto. The company did n… Read the full article…
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