Monthly Archives: May 2021
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The financial settlement represents a “new era” for Amtrak and NJ Transit
A financial settlement between New Jersey Transit and Amtrak heralds a “new era” in the partnership between the two companies that will bring improvements in infrastructure, ... -
$6M TCPA class comparison could be one of the last
Wednesday October 14, 2020 As we have explained in the past, the TCPA has produced more multi-million dollar settlements – and therefore more attorneys for millionaire ... -
SPLC and Bogalusa Municipal Court reach settlement in debtors’ jail case
The agreement was approved today by the US District Court for the Eastern District of Louisiana. It resolves a lawsuit the SPLC filed against the Bogalusa ... -
Aretha Franklin’s estate settles $7.8 million in back taxes with the IRS
According to multiple reports Aretha Franklin‘s estate settled its $7.8 million tax debt with the IRS. Back in 2018, The Detroit News reported that Franklin owed ... -
“It will only serve to restructure the debt” -Juvefc.com
Juventus announced a €175m bond issue, a first step for the club on the international stock market. This was announced by the Bianconeri via a statement ... -
How derivatives are settled
Gone are the days when derivatives contracts were settled in cash. As mandated by the Securities and Exchange Board of India, derivative contracts have been physically ... -
The mom of four’s simple mistake sends her to debt collector hell
A distraught mother-of-four who was fined for parking for not entering her car number plates correctly says she is now being pursued by a London collection ... -
SEBI considers ‘backstop facility’ to ease stress on debt funds
India’s market regulator is considering setting up a “backstop facility” to support mutual funds’ purchases of relatively illiquid investment-grade corporate bonds to ease stress on debt ... -
Thousands of private student loan borrowers receive debt relief
The nightmare is almost over for thousands of people who faced illegal student debt collection procedures. The Consumer Financial Protection Bureau on Monday took action against ... -
Narcolepsy Teen Settlement Offers Hope for 80 More Cases With Swine Flu Vaccine
A teenager who claimed he developed a rare sleep disorder after receiving a swine flu shot has settled his case in the High Court. The settlement ... -
Santee Cooper executives get big bonuses, pay raises as nuclear debt mushrooms » The Nerve
BY RICK BRUNDRETT When state-owned utility Santee Cooper ran up billions of dollars in debt — expected by ratepayers — for its failed VC Summer nuclear ... -
What Sarah Ferguson got from Prince Andrew in her divorce settlement
Many remember Sarah Ferguson’s wedding to Prince Andrew in 1986, and many also remember her dramatic exit from the royal family, because who can forget that ... -
Sterling Biotech lenders are pushing for a settlement despite scrutiny of fleeing promoters
Bombay: Even as the National Company Law Tribunal (NCLT) bank in Mumbai blew up a consortium of banks over their attempt to withdraw Sterling Biotech group’s ... -
Martin Lewis explains how to pay off your card debt without breaking the bank
Money saving expert Martin Lewis explains exactly how to manage January card bills so that you pay as little as possible to pay them off The ... -
The owner of downtown Fairlane defaults on a mortgage and works on a debt restructuring
In the latest sign of the times for struggling regional malls, the Fairlane Town Center owner has defaulted on its $135.7 million loan for the Dearborn ... -
George Floyd settlement reached as city pays $27 million
Lawyers for the family of George Floyd say the city of Minneapolis has agreed to a $27 million wrongful death settlement in what they call “the ... -
SCRA compliance is not optional for collection agencies
Rick Olejnik The Servicemembers Civil Relief Act has added an additional layer of risk associated with tracking debts of active service members. Attorney General Eric Holder ... -
Puerto Rico: Vulture Funds to commit murder while judge approves deal to restructure island’s debt
This is an urgent transcript. The copy may not be in its final form. AMY GOOD MAN: We end today’s broadcast with the latest news. Juan? ... -
World’s Best Investment Banks 2021: Debt
The world’s top lenders registered a surge in new issuance in 2020, moving to meet investor demand for green and sustainable bonds. A ... -
AIB will most likely take legal action for debt collection
The state-owned AIB was by far the most aggressive Irish bank in 2015 when it came to hounding customers over allegedly unpaid debts, according to a ... -
Mathys Law Group, PC becomes a renowned debt settlement law firm with an easy-to-navigate website and unparalleled credit card advice to help consumers consolidate loans
The Mathys Legal Group | www.themathyslawgroup.com Mathys Law Group’s new website helps consumers get out of debt in record time. For more information, visit www.mathyslawgroup.com ... -
Government Spending, Debt and Inflation: What’s Next?
A personal view of Ian Stewart, Deloitte’s Chief Economist in the UK. Last year UK government spending rose to 55 per cent of GDP, a level ... -
Is Wix.com (NASDAQ:WIX) Using Debt in a Risky Way?
Legendary fund manager Li Lu (who was backed by Charlie Munger) once said, “The biggest investment risk isn’t volatility in prices, it’s whether you suffer a ... -
Dog the Bounty Hunter was sued for failing to pay $100,000 in house payments despite mounting debt
The famous bounty hunter – real name Duane Chapman – was reportedly being sued for failing to make monthly payments on a home he bought with ... -
Airbnb NYC settlement means hosts will be delisted if they do not agree to sharing information
Airbnb NYC settlement means hosts will be delisted if they do not agree to sharing information Airbnb and New York City ended a year-long battle over ... -
NHAI initiates arbitration to resolve claims through a reconciliation process
The National Highways Authority of India (NHAI) has settled an approximately Rs.650 crore arbitration claim with Infrastructure Leasing & Financial Services (IL&FS) of nearly ... -
Buenos Aires Times | With the end of the Castro regime, Cuba is once again mired in a debt debacle
For a brief moment, Cuba appeared ready to return to international capital markets. It was late in the Obama era, months after historic rapprochement between the ... -
Is the US student debt bubble about to burst? | business and economy
video duration 25 minutes 28 seconds 25:28 Of: Inside Story America With student loan debt surpassing $1 trillion, we wonder if this is the ball and ... -
With most of the debt gone, Treetops can seek new financing
A popular Gaylord area resort with notable owners including formers Chrysler Corp. CEO Robert Eaton may be ready to seek new funding for improvements and growth ... -
The judiciary settles millions of claims outside of the state
CHARLESTON, W.Virginia — Gov. Jim Justice has settled two lawsuits brought by companies that personally pursued him over millions of dollars. Siemens Financial Services, which is ... -
Orange Lake is taking back nearly 1,300 timeshares from frustrated owners in landmark settlement with timeshare exit team
ORLANDO, Fla., January 15, 2020 /PRNewswire/ — Reed Hein & Associates (which operates as the Timeshare Exit Team) highlighted the types of roadblocks and unfair tactics ... -
GE freezes, pays out pensions in advance to save up to $8 billion to reduce debt
By Alwyn Scott, Ankit Ajmera (Reuters) – General Electric Co said on Monday it would freeze pensions for about 20,000 salaried U.S. employees and take other ... -
IRC is responding to frustrated Inuvialuit living outside the settlement area, but promised no change
The Inuvialuit Regional Corporation released a letter this week responding to the concerns of some Inuvialuit living outside the settlement region, but it hasn’t promised any ... -
About 3 million Russians on ‘no-fly list’ for unpaid debts – Quartz
According to the Russian news agency TASS, citing a spokesman for the Federal Penitentiary Service, about 3.4 million Russian citizens – about 5% of the total ... -
Here are 5 simple steps to reduce your debt fast
The more you use your credit card while you have credit card debt, the faster your interest payments will mount, dragging you into a debt trap. ... -
The New Jersey Circuit Court of Appeals finds that the settlement with the title company was not an election of remedies preventing the property owner from suing the neighbor for encroachment and dismisses the neighbor’s claim of adverse possession
The New Jersey Appellate Division recently ruled that a property owner’s $600 settlement with her title company does not preclude her later suing her neighbor for ... -
Burn survivors face enormous medical debts from the government
Alexis Joel Hernández, a 25-year-old Puerto Rican man, suffered severe burns to most of his body after an explosion at his home in 2019. Alexis Joel ... -
Biotech company agrees to $49 million fraud settlement
Related Practices and Jurisdictions PROGENITY, INC. (“PROGENITY”), a San Diego-based biotechnology company providing molecular and diagnostic testing, has agreed to a $49 million settlement over fraudulent ... -
Where Argentina’s debt case stands now and why it still matters
In NML v Argentina, the world continues to witness a rare and surreal spectacle: the unpredictable consequences a US judge will unleash when he disregards the ... -
Her Kia caught fire, but she’s locked out of the $760 million deal
CLEVELAND – *UPDATE: Kia is responding to our inquiry. See reactions below. Recalls followed after scores of Kia and Hyundai cars caught fire in dramatic fashion, ... -
The University of Phoenix agrees to a $50 million settlement over false advertising claims
The University of Phoenix and its parent company have agreed to pay $50 million in cash and forgive $141 million in student debt to settle Federal ... -
This fund returned 800% on Argentine debt
American hedge funds benefit from Argentina. Argentina and four hedge funds ended a 15-year debt war Sunday night. Argentina – South America’s second largest economy – ... -
Debt Relief Deed Templates – Australia
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Aftermath Silver announces shares for debt
Vancouver, British Columbia–(Newsfile Corp. – April 29, 2021)- Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the “accompaniment” or “aftermath silver“) announces that pursuant to the terms ... -
Transocean’s Debt Strategy: A Step In The Right Direction (NYSE:RIG)
Times aren’t easy for Transocean (RIG) or the company’s shareholders. This year has been particularly difficult as volatility in the energy space, largely driven by the ... -
Debt Relief Company Receives a Coveted 5-Star Rating from TopConsumerReviews.com
For all these reasons and more, we are pleased to announce National Debt Relief as our highest ranked debt relief service in 2019. OVERLAND PARK, ... -
Croatia’s Deputy Prime Minister resigns over Agrokor debt crisis – EURACTIV.com
Croatia’s Deputy Prime Minister resigned on Monday (Monday 14) after pressure from coalition partners and the public over her alleged conflict of interest in restructuring the ... -
OYO Challenges NCLT Bankruptcy Proceedings; claims settlement
OYO subsidiary OYO Hotels And Homes is facing NCLT bankruptcy proceedings over alleged failure to pay fees to a hospitality business In response, OYO has stated ... -
IL&FS will receive a settlement of Rs 693 cr from NHAI
ITNL, a subsidiary of IL&FS, received from the National Highways Authority of India (NHAI) on March 31, 2021 the settlement amount of Rs 673 ... -
Cross-currency settlement risk definition
What is cross-currency settlement risk? Cross-currency settlement risk is a type of settlement risk where a party involved in a foreign exchange transaction sends the currency ... -
CBO expects the national debt to double in the next 30 years
through: JOSH BOAK, Associated Press Sent: 04.03.2021 / 13:11 CST Updated: March 4, 2021 / 1:45 PM CST This is an archived article and the information ... -
An offer of statute-barred debt settlement could violate the FDCPA, says Split Sixth Circuit
The Sixth Circuit Court of Appeals ruled 2-1 Tuesday that simply offering a settlement for a statute-barred debt may violate the Fair Debt Collection Practices Act ... -
Mexico and US reach last-minute agreement to pay water debt
Mexico agrees to transfer ownership of water stored in Amistad, Falcon Dam reservoirs before the Oct. 24 deadline EL PASO, Texas (Borders Report) — Mexico will ... -
3 wrongly convicted Cleveland men reach settlement with city
CLEVELAND — Three Cleveland men wrongly convicted of murder and then sentenced to more than 100 years in prison are being awarded $18 million by the ... -
Elizabeth Warren slams student loan servicer as Democrats call for debt relief – Mother Jones
Michael Reynolds/Zumapress fight disinformation. Get a daily summary of the key facts. Sign up for a free account Mother Jones Newsletter. Senate Democrats on Tuesday pleaded ... -
Tax returns are a great way to pay off debt
This article was written by Peters and Associates. Ask: I’m about to file a big tax return and plan to use the money to pay off ... -
Cafe Coffee Day, CCD, Group says outstanding debt at Rs 4,970 crore
Of the total debt, that of Coffee Day Enterprises Ltd is Rs 480 crore. Coffee Day Group announced on Saturday that its total outstanding debt was ... -
San Diego’s pension debt surges above $ 3 billion for the first time
SAN DIEGO – A new analysis shows that San Diego’s pension debt surged above $ 3 billion for the first time, forcing the city to reduce ... -
Sudan approaches debt relief with US credit to meet World Bank arrears
WASHINGTON / KHARTOUM (Reuters) – Sudan has paid off its debts to the World Bank after nearly three decades, bringing the heavily indebted African country closer ... -
The city of Cordoba announces the comparison of their declaration of consent
CÓRDOBA, Argentina, November 18, 2020 / PRNewswire / – The City of Cordoba, Argentina (that “city“) announced that its declaration of consent (the”letter of acceptance“) in ... -
Will the Bayer Roundup settlement end its Monsanto nightmare? | Business | Economic and financial news from a German perspective | DW
Bayer has agreed to raise nearly $ 11 billion to settle thousands of U.S. lawsuits alleging that its widely used herbicide Roundup causes cancer, in part ... -
Egypt expects its debts to become “euroclear” in October: ministers
Cairo (Reuters) – Egypt has signed an agreement with Euroclear, Europe’s largest securities clearing house, that allows holders of its government bonds to transact outside the ... -
Imperial Brands PLC is down as dividend cuts by a third to accelerate deleveraging
The tobacco company said the pace of deleveraging “has not been as fast as we would have liked in recent years”. Imperial Brands PLC (LON: IMB) ... -
Going up in smoke: what happened to the tobacco master agreement money?
In November 1998, 46 US states, together with the District of Columbia and five US territories and the major tobacco companies, signed an extraordinary treaty. (The ... -
Archdiocese of Milwaukee Offers Comparison for Victims of Clerical Sexual Abuse | Secrets of the Vatican | FRONTLINE | PBS
It has been more than a decade since the Catholic Church was embroiled in clerical sexual abuse lawsuits in the United States. On Tuesday, one of ... -
Dignity Health pays $ 100 million and makes mandatory retirement contributions in comparison
Dignity Health, San Francisco, will pay $ 100 million to resolve a longstanding class action lawsuit that challenges its status as a church plan. The settlement, ... -
In Utah, many college students graduate without debt | Best states
College graduates across the country step onto the podium this month to receive their diplomas, but many also leave that stage with thousands of dollars in ... -
Equinor is raising $ 5 billion in debt to weather the downturn
OSLO, April 1 (Reuters) – Norwegian oil company Equinor has taken on $ 5 billion in debt as part of its plan to address the dual ... -
Godiva FACTA settlement of the eleventh district cleared
Monday 30th November 2020 Judge Kavanaugh said earlier this summer that “[c]Our rights sometimes make the applicable law more complicated than it needs to be. ”The ... -
Luckin Coffee snaps $ 250 million to fund restructuring and liquidation
By Sierra Jackson (April 15, 2021 7:06 p.m. EDT) – Luckin Coffee, led by Davis Polk & Wardwell LLP and Harney Westwood & Riegels, said Thursday ... -
Michigan employers will get unemployment insurance relief in 2020 after the state settles debts from the Great Recession
Michigan employers will see their annual unemployment insurance contributions drop by $ 65 to $ 217 per employee after the state annuity bonds were issued in ... -
$ 1.2 billion voiced in settlement of Robodebt claims | Liverpool City Champion
Robodebt victims have spoken out against class action lawyers because of objections to the federal government’s offer to settle themselves with $ 1.2 billion without recognizing ... -
Supreme Court Kills TCPA Debt Call Carveout
By Allison Grande (July 6, 2020, 10:36 a.m. EDT) – The U.S. Supreme Court on Monday upheld the Phone Consumer Protection Act’s extensive ban on automatic ... -
How the Robo Debt System went so wrong
In traditional welfare reviews, an officer would look at records to identify suspected underpayments, request pay slips from Centrelink recipients, then request them from employers, and ... -
Musk resigns as Tesla chairman, remains CEO on SEC agreement
By Michelle Price, Alexandria Sage WASHINGTON / SAN FRANCISCO (Reuters) – Tesla Inc and Elon Musk have agreed to pay $ 20 million each to financial ... -
Comparing debt settlement to other debt solutions
Based on the numbers from the report, it is clear that debt settlement is the winner of this challenge in terms of time to complete the ... -
Celebrity couple can give up 1.2 million euros in debt for the family home
Former Miss Ireland and broadcaster Pamela Flood and husband Ronan Ryan can leave without paying a cent of the € 1.2 million debt they owe to ... -
Todd Chrisley was unable to make the bankruptcy settlement payment
shares: 8 Todd Chrisley is a real estate developer who starred on the USA Network reality show “Chrisley Knows Best”. At one point, his company was ... -
Are you in debt? Then you might experience some unpleasant tax surprises
(NerdWallet) – Americans struggling with debt could experience some additional nasty tax surprises this year. From the need to pay taxes on canceled debts to reduced ... -
Debt-covering surprise on Saturday: GOP and Obama are talking again
Washington There were signs of a possible resolution to the federal government’s debt crisis after both the House and Senate convened for unusual Saturday sessions that ... -
Warren Buffett says the fight over the debt ceiling is “damn stupid.”
If Republicans and President Barack Obama fail to come to an agreement to increase the country’s borrowing authority, it would be “pretty stupid,” billionaire Warren Buffett ... -
Higher debt ceiling extended for small business bankruptcies
Related Practices and Jurisdictions We have already informed you that if you are a small business that had to file for bankruptcy in order to save ... -
The Bishop of New Oakland inherits huge debt, frustrated clergymen
Oakland, California – As a Jesuit, Br. Michael Barber will be consecrated as the fifth Bishop of Oakland on May 25th. For the past seven months, ... -
The Diocese of Helena reaches an agreement on sexual abuse through a “consensus model”
In what US bankruptcy judge Terry L. Myers described as a “unique achievement” was a bankruptcy and reorganization plan for the Diocese of Helena, Mont. It ... -
Milwaukee Archdiocese Settlement Plan baffles victims of sexual abuse
Milwaukee – The Archdiocese of Milwaukee has come up with its hoped-for final settlement plan that will end the Church’s nearly five-year-old bankruptcy case, but childhood ... -
Reduce your debt by 80%, but there is a catch; Consider all of the options
Links to the breadcrumb trail Personal finance Columnists There’s no quick or easy way to deal with debt, and this 80 percent discount offer has its ... -
iQSTEL settles with two debtors at $ 0.11 / share, about
NEW YORK, NY, Aug 05, 2020 (GLOBE NEWSWIRE) – via NEWMEDIAWIRE – iQSTEL Inc. (OTC: IQST), a leader in enhanced telecommunications service providers for the 21st ... -
Dealing with “expired” debts
If a debt is older than the statute of limitations, one speaks of a statute-barred debt. That means creditors have no legal right to sue you ... -
Louis Dreyfus owner settles Credit Suisse debts with ADQ deal balance sheet
PARIS (Reuters) – Margarita Louis-Dreyfus, major shareholder in commodities trader Louis Dreyfus Company (LDC), will use a portion of the proceeds from a deal with Abu ... -
Diverse times | Brightoil reaches settlement agreement with Petrolimex on its $ 30 million debt
Brightoil Petroleum (S’pore) Pte. Ltd., a wholly-owned subsidiary of Hong Kong-listed Brightoil Petroleum (Holdings) Limited, signed a settlement agreement with Petrolimex Singapore Pte Ltd (Petrolimex) on ...