Page 44 - Debt Restructuring News Today

The Bistro coming to The Cloudveil

January 18, 2021 1:43 pm A leading barrister has claimed that large numbers of bankruptcy claims will be made by Ireland’s financial institutions as soon as the courts are allowed to resume ‘normal service’. And according to Keith Farry, Irish farmers will be in the eye of the storm. Farry spoke at a recent seminar on farm debt and personal insolvency, hosted by the Irish Creamery and Milk Suppliers’ Association (ICMSA). He explained: “Once the Covid-19 restrictions have been lifted, ...

January 18, 2021, 5:29 pm I sense that the amount of money owed by Irish farmers to vulture funds has increased dramatically over recent years. This point became pretty obvious to me as I listened to the presentations given by two experts in the field of insolvency, courtesy of the recent Irish Creamery Milk Suppliers’ Association (ICMSA)-hosted webinar on this crucially important issue. Of even more significance to me was the scope of the questions and answers (Q&A) session, which followed t...

KRISENERGY creditors approved its debt restructuring in a court meeting on Thursday, the upstream oil-and-gas company announced in a bourse filing. Read more at The Business Times.

KUALA LUMPUR: The parent company of Malaysia Airlines says it is nearing the end of a debt restructuring process which it hopes will be completed by the end of the first quarter of this year.

Read more about The concerns that kept moratorium and restructuring requests down on Business Standard. Disincentives, borrowing behaviour change, business recovery have kept references for restructuring low, ICRA said

Jaiprakash Power Ventures Limited allots shares on conversion of FCCBs Posted On: 2020-12-28 00:42:52 (Time Zone: Arizona, USA) Pursuant to the Second Supplementary Trust Deed dated 13th December, 2019, all the outstanding Foreign Currency Convertible Bonds (FCCB) aggregating to US $ 101,421,203 were mandatorily converted into equity shares of the Company. Accordingly, FCCBs representing US$ 83,358,594 (equivalent to INR 591,21,41,600 @ 1 US$ = INR 70.9242) were converted into 49,26,78,462...

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NPAs and its effects on banks’ profitability December 22, 2020, 12:11 PM IST Abhishek Sikdar graduated in Economics from St Xaviers College under Calcutta University and post-graduation from Delhi School of Economics. He has worked in several leading business newspapers. During his service career, he had written numerous reports, conducted meetings with global economic consultants and international fund managers and imparted training programs to Sales Teams. LESS... MORE In...

Johannesburg, South Africa                       The Open Society Initiative for Southern Africa (OSISA) will host a regional conference on 2 and 3 July in Johannesburg, South Africa. The two-day multi-stakeholder conference emanates from concern about southern African countries’ rising debt levels, which threaten developmental aspirations. Despite numerous commitments to achieve and maintain sustainable levels of public debt, southern African countries are not only reneging on the...