Latest News for: Debt salvage

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HEATH MUCHENA: How spot bitcoin ETFs could transform global finance

Business Day 26 Mar 2024
It could paradoxically usher in a bull market for assets such as bitcoin, especially if subsequent money printing measures, introduced as economic salvages, devalue fiat currencies. Amid potential debt ...
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CERAWEEK-US pipeline firms poised to follow biggest customers into M&A

Natural Gas World 22 Mar 2024
Like the shale producer combinations, the coming wave of midstream deals will not be salvage jobs of last decade ... midstream companies are in a position of strength having cut debt and switched to ...
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Xbox Game Pass Dropping These Three Games Soon

Gamespot 05 Mar 2024
Microsoft will remove three more games from Xbox Game Pass later this month ... The other two games are Shredders and Hardspace. Shipbreaker ... Meanwhile, the latter sees you salvaging spaceships to assist in paying off your debt. Hardspace.
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SANSIA BLACKMORE: There is nothing inherently socially beneficial about tax

Business Day 29 Feb 2024
But that is far too narrow a definition ... Taxpayers need to see that their taxes benefit society; actual progress may salvage our precarious fiscal system. More controversial expenses, funded by more taxes and escalating debt, will do the opposite ... .
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Mediation Act to yield to IBC on debt resolution matters

Live Mint 23 Feb 2024
For the IBC to cover the process, however, it will have to be tweaked.The ministry of corporate affairs is likely to propose to the law ministry to notify the IBC that the debt mediation process will ...
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U.S. to rethink hardship in loan forgiveness

NWA Online 01 Feb 2024
In an effort to salvage its student debt relief program struck down by the Supreme Court last year, the Biden administration is taking new steps to extend debt relief to borrowers experiencing financial hardship ... .
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Taeyoung chairman offers SBS stakes as collateral

Korea Times 09 Jan 2024
Yoon Se-young, founder and honorary chairman of Taeyoung Group, has pledged to offer key stakes of SBS, a major broadcaster in Korea, and TY Holdings, to salvage the group's debt-ridden construction subsidiary, if necessary.
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Power-packed move: Discoms surely need more of the same medicine, but under stricter monitoring

Financial Express 02 Jan 2024
Scepticism about the efforts to salvage the loss-making/debt-ridden state-run discoms stems from the mediocre outcomes of the several historical schemes (there have been three in the last two decades ...
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D-Day arrives for Evergrande

Hong Kong Standard 03 Dec 2023
Evergrande, which has liabilities of about US$327 billion (HK$2.55 trillion), is trying to salvage its multi-billion dollar debt overhaul since a slew of setbacks derailed the process in recent months.
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Chinese developer Evergrande faces final chance to avoid liquidation by HK Court

Live Mint 03 Dec 2023
... the company,” said Lance Jiang, a partner at law firm Ashurst LLP.Evergrande is trying to salvage its multi-billion dollar debt overhaul since a slew of setbacks derailed the process in recent months.
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Sweden's troubled SBB repays debt early to bolster finances

Reuters 24 Nov 2023
The group, which built up a vast debt by buying public property, including social housing, government offices, schools and hospitals, is now scrambling to salvage its finances after its credit rating was downgraded to junk.
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WeWork, Once Valued at $47 Billion, Files for Bankruptcy. SoftBank Couldn’t Save It.

Market Watch 07 Nov 2023
That deal canceled or converted to equity $1.5 billion worth of debt, including $1 billion held by SoftBank ... As of June 30, the company still had $2.9 billion in long-term debt, as well as $13.3 billion in long-term lease obligations.
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Once vaunted tech darling WeWork files for Chapter 11 protections

Deseret News 07 Nov 2023
On Monday, WeWork filed for Chapter 11 bankruptcy protections in a bid to consolidate debt and salvage a functional business in the face of billions of outstanding financial obligations and amid a ...
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In Theaters: Movies playing in the area

Fort Wayne Journal Gazette 03 Nov 2023
Now OpeningDIVINITY. (No rating; 1.28). Two mysterious brothers abduct a mogul during his quest for immortality ... (R; 1.48) ... A cage fighter seeks to repay his debts in a final, desperate attempt to salvage the family home of his dying foster mother ... DICKS.
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Bozzi Media heir given probation for firing gun in Browne’s Addition store parking lot

The Spokesman-Review 01 Nov 2023
“To me, this is a big sweetheart of a deal,” Fennessy said ... Note said Bozzi will probably have to file personal bankruptcy to recover from the debts he took on while trying to salvage his parents’ company ... .
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