PASHA Insurance gets assets of liquidated insurance company – Trend News Agency

Baku, Azerbaijan, Dec.30 By Anvar Mammadov Trend: Azerbaijani insurance company Garant Insurance JSC has announced its liquidation, Vergiler (Taxes) newspaper reported Dec.30. Its assets have been transferred to PASHA Insurance, a source on the countrys insurance market told Trend. The companys creditors should submit their claims to the following address within two months: Baku, Sarabskiy…

Details

Another Romanian state-owned power producer voluntarily files for insolvency – Romania-Insider.com

The board of directors of Romanian state-owned power producer Complexul Energetic Hunedoara (CEH) decided on Monday evening to ask for the companys voluntarily entry into insolvency. The energy company has total debts of RON 1.2 billion (some EUR 266 million) and several creditors have blocked its accounts. The board also decided to dismiss…

Details

National Debt Relief Shares Tips To Enjoy Holiday Spending Despite Debt – Benzinga

National Debt Relief recently shared in an article published December 1, 2015 how consumers can enjoy their holiday purchases despite having debts in their finances. The article titled “How To Keep Debt Problems From Ruining Your Holiday Spending” looks at some of the ways people can still spend for the holidays without putting their debt…

Details

Estonian Air formally declared bankrupt after EU ordered it to repay state aid – Winnipeg Free Press

TALLINN, Estonia – An Estonian court has formally declared the Baltic nation’s state-owned airline bankrupt after it ceased operations last month following a European Union order to repay millions in state aid. The Harju County Court said Tuesday that the bankruptcy proceedings for Estonian Air are to be carried out immediately, with the first meeting…

Details