OTTAWA- The Canada Mortgage and Housing Corporation says it expects home sales and the pace of their price growth to remain strong this year, but to ease from their 2021 highs. The national housing agency says improving employment and immigration levels should be a key factor as the impact of pandemic-related restrictions continues to ease. […]
Home and office workers have different shopping habits: Criteo
A recent survey by global tech company Criteo looked at working habits around the world and found that Australia was the top country to work from home with almost one in three (28%) saying that They mainly worked from home now, ahead of the UK (26%), the US (23%) and Japan (22%). It revealed that […]
US existing home sales fall further as house prices hit record high | Investment News
WASHINGTON (Reuters) – U.S. home sales fell to their lowest level in nearly two years in March as house prices hit a record high, and could fall further with mortgage rates reaching 5%. Wednesday’s National Association of Realtors report also showed that February’s sales decline was much steeper than initially thought. Even as home sales […]
As mortgage rates start to bite, home sales fall to lowest since June 2020, supply increases for second month
But wait… I haven’t seen anything yet. The impact of today’s Holy-Moly mortgage rates won’t show up in sales data for a few months. Here’s why. By Wolf Richter for WOLF STREET. Soaring mortgage rates – the result of the Fed’s future telegraphed crackdown on inflation – should sooner or later have an impact on […]
Get the best deals this summer at the Great 0% Home Credit Festival
Just when we thought summer couldn’t get any more exciting this year, the country’s leading provider of buy now, pay later (BNPL) Home Credit Philippines is offering Filipino buyers 0% interest installments among its extensive selection of over 1,000 items at its first-ever Grand Festival 0%. More than 1,000 items are available at 0% interest […]
Tips for Getting Renters Insurance in Philadelphia
Philadelphia, Pennsylvania – If you’re renting an apartment in Philadelphia, consider getting tenants insurance to protect your belongings. Although owners may have the policy of covering their property, this only protects the building itself and the things they provide. Renters insurance can help you in times of need or disaster and can be purchased in […]
China In-Focus — Asian giant’s GDP up 4.8% in first quarter; Drop in home sales; Rebound in gasoline exports
RIYADH (Reuters) – China’s gross domestic product rose 4.8% year on year in the first quarter of 2022 as the economic powerhouse defied forecasts amid the COVID-19 pandemic, the Bureau said. National Statistics. Earlier forecasts from Morgan Stanley and Goldman Sachs had suggested that China’s GDP would not grow beyond 4.4% in the first quarter […]
Corning Northside School Site Plan Involves Rental of Single-Family Homes
After years of delays, plans for Northside Place have changed and 24 single-family rental homes are now planned on the former Northside School site in Corning. Riedman Companies, which purchased the site in early 2020, originally planned to build single-family homes, costing between $336,900 and $377,900, at Northside Place. But the plan has been delayed […]
(Bloomberg) – New home sales in China fell 29% last month, the most since July,…
(Bloomberg) – Sales of new homes in China fell 29% last month, the most since July, as the latest Covid-19 outbreak threatened to prolong a real estate crisis. Bloomberg’s Most Read A Bloomberg index that tracks shares of Chinese developers fell 0.6% on Monday morning. High-yield dollar bonds, dominated by property companies, halted a three-week […]
5 things to check before buying home insurance
When it comes to protecting your home, you want to make sure you have the best coverage possible. This means researching the right home insurance policy and making sure you know what is covered and what is not. In this article, we will cover five points to check before taking out home insurance. By knowing […]
Home sales in Brooklyn, Queens hit 15-year high
(iStock/Photo Illustration by Steven Dilakian for The Real Deal) The Brooklyn housing market started 2022 the same way it ended 2021: breaking records. And with plenty of inventory still available, there’s no sign the party will end any time soon. More homes were sold in Brooklyn in the first three months of this year than […]
SNAP Stretch program helps families save money by buying locally grown produce
CHARLESTON, WV (WOWK) – Anyone who’s been to the grocery store recently has probably experienced sticker shock. The US Department of Labor said food prepared at home now costs 10% more than it did a year ago. Inflation continues to put a strain on families. But a program that could help West Virginia families stock […]
Experts warn ‘ecological shame’ is already affecting the buying process
Last Tuesday, the Trends and Challenges in International Retailing report of the Aecoc Manufacturers Association was presented at the Alimentaria Fair (Barcelona). In his speech, Retail Knowledge Area Manager Pablo de la Rica said that consumers are more demanding, more impatient and more comfortable these days. He also said brands are working to get sustainable […]
Home Credit India partners with Pine Labs
Mortgage India (HCI), a local branch of the global consumer finance company, is partnering with pine labswho works with payments and merchant commerce, says a report. This will improve access to Digital Equivalent Monthly Installment (EMI) financing options of the Home Credit Ujjwal Card, which will provide service at Pine Labs POS terminals across India. […]
Home Credit India, the leader in consumer credit, partners with Pine Labs to strengthen its retail network
Home Credit India (HCI), a local arm of the international consumer credit provider, has partnered with Pine Labs, which focuses on payments and leading merchant commerce platform, for improving access to EMI digital finance options of its Ujjwal Card to millions of HCI customers at Pine Labs PoS terminals across India. Through this partnership, Home […]
Buying a home has become more difficult with mortgage rates at 5%
Mortgage rates climb to almost 5% Reporting by KTVU’s Tom Vacar. OAKLAND, CA. – Mortgage applications are down 40% from a year ago, with some rates approaching or reaching 5% and sure to climb. House prices have risen dramatically, as have interest rates. But what many don’t know is that the common mortgage payment for […]
Orange County Free Forum: Understanding the Foreclosure Purchase Process
From the Orange County Clerk According to a report by bloomberg.com, foreclosure filings such as notices of default, scheduled auctions or bank foreclosures jumped 29% from the previous month and more than doubled from January 2021. In the United States United, lenders repossessed 4,784 properties during the month. and started the process on another 11,854 […]
UnionBank extends 7 billion peso loan facility to Home Credit
MANILA, Philippines – Leading consumer credit provider Home Credit Philippines has signed a 7 billion peso credit facility with Union Bank of the Philippines, led by Aboitiz, as part of its commitment to provide comprehensive financial opportunities to more Filipinos. Zdenek Jankovsky, treasurer of Home Credit Philippines, said their company considers the tie-up to be […]
Home Credit concludes 7 billion peso credit facility with UnionBank – Reuters
Business Consumer credit provider Home Credit Philippines has signed a two-year Pula 7 billion credit facility with Aboitiz-led universal bank, Union Bank of the Philippines (UnionBank). This agreement will enable Home Credit Philippines to provide more Filipinos with financial accessibility and inclusion across all of its lending products. This also makes UnionBank the largest credit […]
Why consumers buy with their values
In a world filled with quick fixes and instant gratification, it’s never been easier to click “buy now” and have an item delivered to your doorstep almost immediately. While new technological innovations have led us to solid improvements in the way we create and consume certain products, the vast majority of new products are created […]
Half of under 35s see broadband as the deciding factor when buying a home, survey finds
High-quality broadband is the most important factor for under 35s when considering their ideal home The life Two-thirds (63%) of Irish people think energy savings and green benefits are the most important smart home factors. That’s according to a new study of attitudes towards smart homes and the technology commissioned by wholesale broadband operator Siro. […]
Home Credit Offers OPPO Reno7 Series 5G at 0% Interest – Back End News
Devices For those looking to upgrade or get a new smartphone, lending company Home Credit Philippines is now offering the latest OPPO Reno7 Series 5G on a 0% interest monthly installment plan. For as little as P1,082 and P802 per month, customers can enjoy the OPPO Reno7 Z 5G and OPPO Reno7 5G in 128GB […]
Increase in home sales; inventory drop in Midland County
The inventory of available homes is down in Midland County. The Texas A&M Real Estate Center showed the number of homes available at the end of February (517) and months of inventory (2.0) are at their lowest levels since the summer of 2019. A ‘Midland Market Update’ by Kerri Payne of The Agency showed the […]
Ashley Tisdale responds hilariously after going viral for buying 400 pounds for photo shoot
By Corey Atad. April 1, 2022 7:11 a.m. Ashley Tisdale has a lot of reading to catch up on. Earlier this week, the ‘High School Musical’ star went viral for a while in his recent Architectural Summary photoshoot video, admitting the books on her shelves were all newly purchased. READ MORE: Ashley Tisdale pokes fun […]
A Beginner’s Guide to Buying Home and Auto Insurance
introduction While getting insurance isn’t the most exciting part of owning a home and car, it’s a necessary and crucial step. Your insurance is not meant to be a luxury, but a necessity that will protect you from financial ruin in the event of damage, collision and theft. Also, most Australian mortgage companies require you […]
Best Airbnbs near Isle Royale National Park: Vacation Home Rentals
We independently source all of the awesome products and experiences we feature on Thrillist. If you purchase or book from links on our site, we may receive an affiliate commission, which in turn supports our work. Isle Royale National Park is a secluded paradise in northern Michigan (near the Canadian border), encompassing 850 square miles […]
City of North Smithfield joins Rhode Island Purchasing Group via direct bidnet
City of North Smithfield joins Rhode Island Purchasing Group via direct bidnet Registered suppliers can access bids, related documents, addenda and award information. NORTH SMITHFIELD, RI (PRWEB) March 29, 2022 The City of North Smithfield announced that it has joined the Rhode Island Purchasing Group of direct bidnet and will post and distribute upcoming […]
After Buying Malibu Home For $177 Million, Billionaire Marc Andreessen Gobbles Up Another For $44.5 Million
Published: March 26, 2022 | By: American Luxury Staff Marc Andreessen, the co-founder of venture capital firm Andreessen Horowitz, has spent a little more of the proceeds from his legendary tech investments and, to close out winter 2022, bought another flashy Malibu beach house. another domain he picked up just a few months ago. Last […]
Lake County Association of Realtors Announces Last Month’s Home Sales – Lake County Record-Bee
LAKE COUNTY—Last month in real estate: Total homes sold through the multiple listings service last month: 68. These include traditionally built homes as well as manufactured homes on land. There were 7sales of mobile homes in parks and 60 sales of bare land (lots and areas). Total percentage of homes purchased with cash: 28%; while […]
Expected home sales decline for 4th straight month
Pending home sales fell 4.1% in February from the previous month and 5.4% from the same period last year, according to the National’s Pending Home Sales Index. Association of Realtors. Pending home sales fell in February, marking the fourth consecutive month of depressed contract signings, according to the National Association of Realtors’ Pending Home Sales […]
Should you furnish your rental property? | House rentals
Photo by Sidekix Media on Unsplash With the housing market booming, owning a rental property is the golden ticket to passive income. But how much more can you squeeze out of your cash cow while keeping your expenses low? Choosing between furnishing and not furnishing your rental property can be a difficult decision to make […]
Global 4K TV Industry to 2027 – Rising Consumer Spending Power Drives Demand – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global 4K TV Market to 2027” Report has been added to from ResearchAndMarkets.com offer. 4K television is commonly referred to as ultra-high television. The 4K TV offers 4000 pixel resolution and vibrant colors with high picture quality. These televisions are used in concerts and live shows. Also, 4K television is used in military, […]
US New Home Sales Fall Further as Mortgage Rates Rise; prices push higher
A house under construction stands behind a ‘sold’ sign at a new development in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson Join now for FREE unlimited access to Reuters.com Register Sales of new homes fell 2.0% in February; January revised down Median home prices rise 10.7% from a year ago The supply […]
Alabama Bill Would Require Women To Submit Pregnancy Test Before Purchasing Medical Cannabis
A bill introduced in the Alabama Senate would require women of childbearing age to submit a negative pregnancy test before purchasing their doctor-recommended medical cannabis, according to a report by Growth Op. Under the proposal, women between the ages of 25 and 50 would be required to submit the negative test at least […]
New home sales fell in February as falling affordability poses a ‘tough year’ for the housing market
Topline New home sales unexpectedly fell last month to the lowest level since November, continuing a recent slowdown in the scorching housing market, but economists are not convinced the deceleration will help lower home prices This year. The average price of a new home jumped above $500,000 for the first time in February, and the […]
Houston, Atlanta and Dallas are top markets for single-family home rentals, according to Dwellsy.com
In February, Houston, Atlantaand dallas led the country as the only markets with more than 10,000 single-family homes available for rent LOS ALTOS, CA., March 22, 2022 /PRNewswire/ — As the COVID pandemic continues, the appeal of single-family rentals is also growing. New analysis from Dwellsy.com highlights the largest markets with the most available single-family […]
Why an analyst thinks home sales could drop 25% by the end of summer and credit reports will soon stop counting most medical debt
Hi, MarketWatchers. Don’t miss these top stories. If you are concerned about the markets and investments, make sure your financial advisor understands Advisors don’t necessarily appreciate clients’ money worries. Read more Husband-wife ‘crypto couple’ discuss plea deal with prosecutors in $4.5 billion bitcoin heist case: court filing Ilya Lichtenstein and Heather Morgan face up to […]
Quincy School Board Considering Buying K&L Arena – Muddy River News
House ” News ” Quincy School Board plans to buy K&L Arena The Companies section is sponsored by: March 21, 2022 – by J. Robert Gough, editor K&L Arena QUINCY — The Quincy School Board has an agenda item for Wednesday to “review/approve an emergency contract for the purchase of real estate at 1600 N. […]
Mortgage rates soar, home sales plummet for the 7th month and suddenly here are the new listings
But that still doesn’t reflect the recent spike in mortgage rates to 4.5%. By Wolf Richter for WOLF STREET. OK, the “existing home sales” data released today by the National Association of Realtors was for February, and in February average mortgage rates were much lower than today. In mid-February, the average 30-year conforming fixed mortgage […]
HSBC will enter the metaverse by buying land in Sandbox
While the metaverse is expected to represent a trillion-dollar market opportunity in the coming years, HSBC Holdings plc HSBC said it would partner with the Sandbox platform, thereby entering the metaverse. HSBC will buy a digital plot of land in the virtual world and use it for sports, esports and games. No other details have […]
How Home Credit nurtures a culture of fairness, transparency and empowerment
A seemingly short phrase that nonetheless captures the entirety of Home Credit‘s corporate DNA and culture – and no one can attest to that better than their 13,000 people across the country. Behind the nation’s leading consumer finance technology company and one of the fastest growing digital financial services providers is its […]
Fannie Mae updates home sales drop to 4.1% after Fed hikes rates
LifestyleVisuals/Getty Images/iStockphoto Fannie Mae’s Economics and Strategy Research (ESR) Group predicts lower home sales as interest rates rise and economic growth slows, according to a press release and related comments issued by Fannie Mae on March 17. See: Millennials are asking to buy homes more often than Baby Boomers and Gen Xers in the hot […]
Ukraine urges Europe to stop buying Russian oil and gas
As the Russian offensive in Ukraine continued on the 20th day, Oleksii Makeiev, Ukraine’s special envoy on sanctions, called on Europe to stop buying Russian gas and oil. He pointed out that Europe pays more than 600 million euros (more than 5,032.46 crore rupees) to Russia for its gas and oil. Makeiev called on world […]
ACT government stamp duty reprieve extended for buyers buying off-plan properties up to $600,000
The ACT government extended its stamp duty regime by waiving stamp duty on off-plan property purchases up to $600,000. Key points: Median ACT home prices rose 22.5% in the 12 months to September 2021 Stamp duty reprieve hoped to help first-time home buyers, downsizers The government has acknowledged that there remains a lack of housing […]
Sun Life Grepa and Home Credit intensify their collaboration for the underserved sector
Sun Life Grepa Financial, Inc. (Sun Life Grepa), a leading insurer in the country, and Home Credit Philippines (HCPH), a leading provider of consumer credit technology, continue to strengthen their strategic partnership for the underserved Philippine market . Sun Life Grepa and HCPH have improved coverage six times over the past five years. The latest […]
This week: Fed statement, FedEx wins, US home sales
A look at some of the major trade events and economic indicators to come this week: AN EYE ON THE FEDERATION The Federal Reserve wraps up a two-day meeting of policymakers with an economic policy and interest rate update on Wednesday. Most analysts expect Fed officials to announce the first of several expected increases in […]
New rules could halt rise in Colombia’s short-term home rental market | Colombia Business
COLOMBIA – Shortly after newlyweds David and Wendy Bergmann purchased their first home, the couple decided to list their home on Airbnb for the total solar eclipse that was expected to pass over South Carolina in 2017 , thinking they could reinvest the proceeds in renovations. The Bergmanns quickly discovered that they could easily rent […]
Alexa Shopping and Voice Purchasing: A Step-by-Step Guide
Shopping through an Alexa device is easier than ever. Chris Monroe/CNET Who actually wants to go to a store to shop these days? Well, at least I don’t. And I’m not alone. In fact, a recent survey of over 30,000 consumers found that 57% of respondents prefer shopping online. Instead of battling crowds and sifting […]
Minnesota home sales decline in February amid inventory reduction
article Dwindling inventory and rising prices pushed Minnesota closed-home sales down 12.9% from the previous February. (FOX 9) – Dwindling inventory and rising prices pushed Minnesota closed-home sales down 12.9% from the previous February. According to Minnesota Realtors, a membership organization supporting the state’s 22,000 real estate agents, new listings were down 8.5% from a […]
Transform your child’s learning experience by purchasing uniforms on the innovative online platform “Youniform”
A good educational experience is an important part of any child’s life, which is why parents always aim for the best when it comes to their child’s education. Every parent always wants the best for their child and nothing less. There are many different factors that contribute to a good learning […]
Shawnee is weighing the option of limiting one-room home rentals
SHAWNEE, Kan. —The Shawnee City Council may soon consider changing the city’s code to combat a new housing trend. Community Development Director Doug Allmon said city staff have discovered a trend where single-family homes are being purchased and converted to rental units with multiple individual tenants. Allmon said that in these houses, people rent separate […]
Japanese banks and Grab squabble over Home Credit’s $2bn assets – sources
(9 March): Japanese lenders Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group Inc are among the shortlisted suitors in the bidding for consumer lender Home Credit’s assets in Southeast Asia. East and India, according to people familiar with the matter. Grab Holdings Ltd, the ride-sharing and delivery giant in […]
Houston home sales set records as average price nears $400,000
Home prices in Houston topped last year’s highs in February as a lack of homes on the market, especially in the more affordable price ranges, continued to push buyers to increase their budgets. The median price of single-family homes rose 19.3% over the year to a record high of $328,000 in February, eclipsing the previous […]
Japanese banks and Grab fight over $2 billion in mortgage assets
(Bloomberg) – Japanese lenders Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. are among shortlisted suitors in the bidding for consumer lender Home Credit’s assets in South Asia. Southeast and India, according to people familiar with the matter. Grab Holdings Ltd., the Southeast Asian ride-sharing and delivery giant, […]
Oligarchs prefer luxury apartments in New York, but this is where most Russian-born buyers would prefer to reside
The scrutiny of US real estate purchases by wealthy Russians is intensifying amid the war in Ukraine. But these deals represent a drop in the bucket in the grand scheme of the nation’s housing market. A new analysis from the National Association of Realtors has examined the home buying behavior of Russian-born buyers in a […]
Has South Africa turned its back on apprenticeship?
According to John Tarboton, executive director of the Southern African Welding Institute (SAIW), the country’s welders seem like a dime a dozen, but the highly skilled welders are not. Concerned about the number of makeshift training establishments churning out graduates without the proper qualifications in place, Tarboton says this is wasting hard-earned or even borrowed […]
Home Buying Mistakes That Could Cost You | door-to-door sales
Photo by Sieuwert Otterloo on Unsplash The concept of the “American Dream” has evolved as the needs and desires of citizens have evolved. Although everyone has a different idea of what a successful life looks like, buying a home is always high on the list. Owning property is more than a status symbol; it has […]
Laughter Riot! Baa fears bankruptcy because of Rakhi Dave’s black water bottle she gives to Kinjal
disclose Vanraj, Baa, Samar and Kinjal burst out laughing when Baa calculates the monthly expense of Rs 60,000 if Kinjal drinks 4 bottles a day. 07 March 2022 06:15 Bombay Bombay: Anupama currently reigns over our television screens. The show is doing extremely well and is topping the BARC charts every week. These days the […]
“We are not on the verge of bankruptcy,” says Kerswell
CROYDON IN CRISIS: The CEO of the £192,000 council has told a local government magazine she has a solution to the latest financial crisis: more borrowing. By STEVEN DOWNES The Borrower: Council CEO Katherine Kerswell believes there is a magic money tree An 11 a.m. decision on a loan from the Department of Leveling Down […]
From bankruptcy to Rs 225 cr business! Know the story behind Osam Dairy
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Rigged facts, State on the verge of bankruptcy : Agnihotri : The Tribune India
Tribune press service Pratibha Chauhan Shimla, March 5 Congress Legislative Party (CLP) leader Mukesh Agnihotri today accused Chief Minister Jai Ram Thakur of rigging facts in the budget as the state was on the brink of bankruptcy due to poor financial management. Agnihotri kicked off the debate on the budget proposals for 2022-23 presented by […]
Bob Odenkirk reveals how Breaking Bad saved him from bankruptcy
As far as Hollywood goes, Bob Odenkirk has had one of the most interesting careers. The actor started out doing comedy and was best known for Mr. Showthe sketch series he made with David Cross in the 1990s. Odenkirk achieved a new level of fame when he began playing Saul Goodman in the award-winning series, […]
Biden continues to fight student loan borrowers in bankruptcy court
[ad 1]An ‘X’ is formed by two crossed lines. It denotes a method for ending a conversation or dismissing a notification. The Biden administration has promised to alter the bankruptcy process for student loans. The Department of Education, on the other hand, opposes borrowers’ claims in court. Advocates are pressing the government to drop its […]
Government lawyer provides insight into tackling abuse allegations in nursing home bankruptcy
Plan approval hearing scheduled for April Government questions handling of complaints of potential abuse (Reuters) – A lawyer with the U.S. Justice Department’s bankruptcy watchdog signaled on Friday that the government would oppose a Florida-based retirement home operator’s approach to deal with potential claims of abuse and negligence in its plan to reduce its operations. […]
100% occupied Chicagoland multi-tenant auto service center in prime location offered for sale at bankruptcy auction
CHICAGO–(BUSINESS WIRE)–Times may be uncertain, but that doesn’t stop savvy investors from taking advantage of the many opportunities that currently abound. Case in point: A bankruptcy auction will be held on March 29 for property in Arlington, Illinois â just a 10-minute drive from the proposed new Chicago Bears stadium â for a multi-tenant auto […]
Buyer-seller stalemate leads to ‘lowest home sales since GFC fallout’ – CoreLogic
A buyer-seller stalemate led to monthly house sales in January falling to the lowest since the fallout from the global financial crisis, said Nick Goodall, head of research at CoreLogic. There were 4,113 residential property sales in the first month of the year, the lowest number in over a decade, except for April 2020 when […]
The largest mansion in the United States has just been sold at an auction in Los Angeles
A 105,000 square foot megamansion nestled in Los Angeles’ hilly Bel Air neighborhood that was listed for $295 million sold at a bankruptcy auction for $141 million, CNBC reports. The sale concretizes an ambitious and expensive real estate project of 10 years. Allen J. Schaben | Getty Images Known as “The One”, the house was […]
Court said schools could be next to go bankrupt in RC church
Schools on property owned by the Archdiocese of St. John’s could potentially be part of the sale to pay for sexual abuse claims at the former Mount Cashel orphanage. Until now, bankruptcy proceedings have laser-focused on churches, parish halls, priests’ residences and any land they sit on. But today, for the first time, there was […]
In France, the perception of voters’ purchasing power could harm Macron during the election
Fuel nozzles are seen at a gas station in Nice, France, January 25, 2022. REUTERS/Eric Gaillard/File Photo Join now for FREE unlimited access to Reuters.com Register LAVAL-EN-BRIE, France, March 4 (Reuters) – Independent electrician Loic Luboue Le Quere lives in a rural village 80 km (50 miles) south of Paris and relies on his van […]
Russian sanctions felt by private equity portfolio companies; bankruptcies fall in 2021
S&P Global Market Intelligence offers our top picks of global private equity news and more released throughout the week. Private equity and venture capital investments in Russia are feeling the impact of restrictions imposed on the country’s banking system after its military invasion of Ukraine from February 24. New York-based global venture capital firm Starta […]
Nord Stream 2 operator denies reports of bankruptcy filing
Following reports that Nord Stream 2 AG has filed for Chapter 7 Bankruptcy, the Swiss-based company and Russian gas pipeline operator have said so “cannot confirm” such reports. Earlier this week, it was widely reported that the builder of the namesake Germany-Russia gas pipeline was considering filing for insolvency following US sanctions over Russia’s attack […]
Former Saratoga and North Creek track sells for $3.33 million at bankruptcy auction
New owners plan to use New York line to ship titanium ore A Saratoga & North Creek passenger train operates behind a BL2 locomotive in Stony Creek, NY in October 2011. Some 30 miles of the railroad sold for $3.33 million at a bankruptcy auction . (John Sesonske) DENVER â Some 30 miles of New […]
Russia offers accelerated bankruptcy for companies leaving
The skyscrapers of the Moscow International Business Center, also known as ‘Moskva-City’, are seen just after sunset in Moscow, Russia July 12, 2018. Picture taken July 12, 2018 REUTERS/Christian Hartmann Join now for FREE unlimited access to Reuters.com Register MOSCOW, March 4 (Reuters) – Foreign companies wishing to leave Russia will receive fast-track Chapter 7 […]
Steve Bannon’s Chinese backer accuses bankruptcy of ‘data tampering’
Chinese fugitive Guo Wengui, the financial backer of Steve Bannon, has announced he will shut down video platform GTV after filing for bankruptcy and claiming he massively falsified data by hackers. GTV, a Chinese-language video streaming site launched in 2020 by Guo and Bannon, shut down on Thursday morning due to legal issues for Chinese […]
Bankruptcy judge approves ex-owner Ann Taylor’s revised Ch. 11 planes
An Ann Taylor ‘LOFT’ store in Encinitas, California is shown here May 20, 2008. REUTERS/Mike Blake Join now for FREE unlimited access to Reuters.com Register Law firms Related documents (Reuters) – The former owner of Ann Taylor has won bankruptcy court approval for his revised reorganization plan after a judge rejected certain legal protections for […]
Former Dallas preschool teacher sentenced to 20 years in prison for purchasing child pornography – CBS Dallas/Fort Worth
DALLAS (CBSDFW.COM) – A former kindergarten teacher was sentenced Thursday, March 3 to 20 years in prison for buying sexually explicit images of children. Jason Sherod Baldwin, 29, was charged via criminal complaint in July 2020 and charged less than a month later. Baldwin pleaded guilty in August 2021 to one count of receiving child […]
Sacklers and Purdue Pharma bankruptcy deal will send $45m to RI
Tufts University removes Ensign Sackler from building A maintenance worker used a hammer to remove the name of the billionaire family that owns OxyContin maker Purdue Pharma from a building at Tufts University. Home PA PROVIDENCE – A new bankruptcy agreement between the opioid giant Purdue Pharma and nine states will see Rhode Island receive […]
Low-cost home sales plummet in Palm Beach County, high-priced home sales climb
Douglas Elliman’s report reveals that it’s all about supply and demand… BY: STAFF REPORT | BocaNewsNow.com BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2022 MetroDesk Media, LLC) – There has been a huge drop in low-cost home sales in Palm Beach County, but home sales valued at $1 million dollars or more continue to be robust. […]
More disguised home sales after court victory
Lawyers representing consumers facing repossession have applauded a recent case in the Gauteng High Court that blocks lawyers who try to circumvent legal proceedings by selling such homes for less than market value. Judge Fisher’s February 2022 ruling ended the practice of banks’ lawyers addressing judges in chambers in an attempt to circumvent the reserve […]
Bankruptcy Code and some student loans
Section 523(a)(8) of the Bankruptcy Code excludes certain student loans from bankruptcy discharge, “unless the exclusion of such debt from discharge under this paragraph would impose undue hardship “. By its terms, section 523(a)(8) leaves open to statutory interpretation whether a debtor can obtain relief under the law if he demands repayment of all “those” […]