Latest post

Bankruptcy and family proceedings: the Court’s ratification of the division of property in the event of bankruptcy

introduction Under Singapore bankruptcy law, when a person is declared bankrupt, any disposition of property made by him from the date of the bankruptcy application is void unless the court consents or ratify the provision. However, will the court ratify…

third circuit signals possible limits to set-off rights | Bailey & Glasser, srl

Parties to corporate transactions often rely on contractual rights of set-off to ensure they can be paid or at least limit amounts lost if the counterparty does not pay. While the Bankruptcy Code generally protects set-off rights in a bankruptcy…

Ling Huawei: Huarong cannot be treated like a normal business in bankruptcy restructuring

After China Huarong Asset Management Co. Ltd. on March 31 decided to suspend trading of its shares the next day, the market was flooded with rumors that the company, one of the four biggest bad asset managers in the country,…

UMD to offer in-person study abroad for the first time since spring 2020

After the University of Maryland suspended study abroad and incoming exchange programs in the spring of 2020, the office of education abroad “plans to resume in-person study programs at the foreign and inbound trade “this fall. The university is monitoring…

Latest trends in cross-border insolvency: Mainland China and Hong Kong

As the economic and trade exchanges between mainland China and Hong Kong have become more frequent, in recent years the number of problems that need to be solved by cross-border cooperation in bankruptcy cases has also increased. Although the arrangements…

RTL today – Finance and Human Rights Association: Human rights must be worth passing supply chain law, says president

Tuesday morning, the president of the Finance and Human Rights Association, Charles Muller, was the guest of RTL Radio. Ten years ago, the UN said that every country would take steps to ensure that its companies adhere to various human,…

Investors help AMC theaters escape bankruptcy

WICHITA, Kan. (KWCH) – Movie theater chain AMC Entertainment announced on Monday, Jan.25 that its future is not as bleak as it recently seemed. Pushed to the brink of bankruptcy last year by the COVID-19 pandemic, the company announced that…

Rapid vaccination campaign puts Cambodia on track for possible fourth quarter reopening

A golden opportunity to position the country as a complete destination, and not as an extension to Vietnam or Laos, says the boss of ALL DREAMS WITH Phnom Penh on track to be the most vaccinated city in the ASEAN…

Unhedged: We’re all bearish on the dollar now

This article is an on-site version of our Unhedged newsletter. Sign up here to receive the newsletter directly to your inbox every day of the week Welcome back, and welcome to the week where Unhedged tries not to talk about…

In Lebanon, one crisis follows the next | World | Latest news and insights from around the world | DW

Many classrooms in Lebanon remain closed these days, and it has nothing to do with the coronavirus. “It is becoming more and more difficult for us teachers to get to our workplace because of the lack of gasoline,” said Taghreed…

Struggling hotels can provide cover service, cannot be turned down for subchapter V bankruptcy

May 26, 2021 Subchapter V of Chapter 11 of the Bankruptcy Code, which entered into force in February 2020, creates a more streamlined and less costly Chapter 11 reorganization pathway for small business debtors. It has proven popular during the…

Omega Insurance surrogacy scandal exceeds $ 6 million in claims

(Image via Getty) The damage caused by the Omega PregnancyCare insurance scandal continues to mount. The court-appointed liquidators for the separate Cayman-based holding company – which housed the primary insurance entity of the insurance product sold in the United States…

The guarantor of the debtor’s bankruptcy

In a guarantee, the guarantor assumes an obligation in favor of a creditor to pay in place of the principal in the event of default (conditional, secondary obligation). A guarantee is a contract distinct from the contract by which the…

Hospitality Investors Trust Bankruptcy – Notice to Investors

Investor Alert: Hospitality Investors Trust REIT Hospitality Investors Trust REIT and its operating partnership have filed for bankruptcy and investors are suing to recover their losses. NEW YORK CITY, NY, USA, June 23, 2021 /EINPresswire.com/ – Last week, Hospitality Investors…

Norwegian Air Shuttle appoints new CEO after bankruptcy

Image Title: Geir Karlsen. Source: Norwegian Air Shuttle Norwegian Air Shuttle ASA (OTC: NWARF) appointed Geir Karlsen as chief executive on Monday, a day after the company’s board of directors decided to immediately terminate the contract with former chief Jacob…

Jackie Shroff files for bankruptcy after Boom failure: “My wife didn’t want the house” | Bollywood

Jackie Shroff spoke about the financial crisis he and his family went through after Boom’s box office failure. The actor had to sell his house and worked twice as hard to pay off the debts. Boom released in 2003. The…

Chattanooga pro-lifers celebrate 28 years without an abortion clinic – Catholic Telegraph

by Joe Bukuras Knoxville, Tenn., May 19, 2021 / 5:50 p.m. America / Denver (CNA). The pro-life community of Chattanooga, Tennessee, this week celebrated its 28th anniversary of not having an abortion clinic in the city. “The Great Chattanooga Right…

The Private and Public Joe Biden: Belief and Politics

President Trump has led the US government propaganda that the coronavirus originated from the WIV. However, even after twelve months, the US government failed to provide factual or scientific evidence. Now, the ‘dark web’ inspired Biden administration has tasked the…

House Tories slam Biden’s budget on the verge of bankruptcy, present separate plan for “fiscal stability”

FIRST ON FOX: Largest House Conservative caucus releases new playbook to fight President Biden’s $ 6 trillion budget proposal, calling for abortion provisions, tax hikes and expansion of “the welfare state”. The Republican Study Committee (RSC) shares a new document…

Fraudulent means of transport | Free human rights

Section 548 of the Bankruptcy Code gives a trustee in bankruptcy (or the debtor-in-use) the power to set aside or “avoid” certain transfers of assets from the debtor out of the bankruptcy estate that might otherwise put assets beyond the…

Commercial Credit Insurance Market Analysis, Global Status and Outlook 2021 to 2026

The research report on ‘Commercial Credit Insurance Market’ provides a detailed assessment of industry vertical and highlights various market segmentations. Additionally, the paper assesses the impact of COVID-19 on market growth. It further details the drivers and opportunities that are…

Meriden officials want bankruptcy investigation that thwarted foreclosure auction

MERIDEN – The city is asking a bankruptcy court to allow it to investigate the 11th hour formation of a limited liability partnership that ended a planned foreclosure auction of two Colony Street buildings. A city-hired bankruptcy attorney called the…

Jack Ma participates in negotiations to share data treasure with state-owned companies

Hong Kong – People familiar with the matter, as Ant Group Co. has negotiated with a Chinese state-owned company to create a credit rating company that puts the FinTech giant’s proprietary consumer data under regulatory control. Said. With a new…

Common sense financial advice that no one ever wants to hear

If you buy through our links, we may earn money from affiliate partners. Learn more. The best financial advice isn’t a secret – it’s just not necessarily what you want to hear. Good financial advice often means spending less, and…

The retiree community files a second bankruptcy

An upscale retirement community in Port Washington has filed for bankruptcy against its creditors for the second time in seven years, records show. Amsterdam at Harborside, a nonprofit that opened in 2010, has stopped repaying debts and reimbursing residents’ entrance…

Tulsa, Oklahoma, cyberattack: Officials warn personal information may have been leaked to the dark web

The city announced Tuesday that hackers had obtained more than 18,000 files from the city. The leaked files are mostly police citations and internal department files, officials said in a statement. Press release. The documents could contain personal information, including…