Tag: bankruptcy
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Should You Pursue Credit Card Debt Relief This November? Experts Weigh In
Overview: Why November Is a Critical Time for Credit Card Debt American households are contending with record-high credit card debt, now exceeding $1.21 trillion. With inflation lingering and interest rates fluctuating, many borrowers face mounting minimum payments and tighter budgets. November—a month packed with holiday spending, end-of-year bills, and annual financial planning—often becomes a turning…
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Singapore Singer Hong Junyang Files for Bankruptcy Amid F&B Ventures Woes
Singapore’s F&B Struggles Take a Personal Toll on a Popular Singer The entertainment scene in Singapore has a new storyline that intertwines fame with financial strain. Hong Junyang, a beloved home-grown musician who rose to prominence after a strong showing on Project SuperStar in 2005, has been listed in the Government Gazette as a bankrupt…
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Hong Junyang bankruptcy: Singapore singer’s F&B struggles
Singapore’s F&B shake-up hits a familiar face Singapore’s entertainment scene was jolted again by the news that Hong Junyang, a familiar voice from the country’s pop landscape, has been listed in the government gazette as a bankrupt individual. The 44-year-old singer-songwriter, who rose to fame as a runner-up on Project SuperStar in 2005, told AsiaOne…
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Singapore Singer Hong Junyang Declares Bankruptcy After F&B Struggles
Singaporean Singer Hong Junyang Declares Bankruptcy Amid F&B Troubles Singapore has witnessed another high-profile financial setback as home-grown musician Hong Junyang, 44, was named in the Government Gazette as a bankrupt individual on September 26. The news underscores the wider strains gripping Singapore’s food and beverage (F&B) sector, which has grappled with pandemic-related disruptions, rising…
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Brittany Higgins Takes on Bankruptcy Action in Reynolds Defamation Fallout
Overview: A New Chapter in a Defamation Saga The legal wrangle between former Liberal senator Linda Reynolds and Brittany Higgins continues to evolve, with Reynolds launching bankruptcy proceedings to recover costs awarded following Higgins’s defamation victory. The move comes after Higgins was found liable for defamatory social media posts in a Western Australian Supreme Court…
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Linda Reynolds Pursues Bankruptcy Action Against Brittany Higgins Over Defamation Award
Overview: A High-Profile Financial Fallout Former Liberal senator Linda Reynolds has initiated bankruptcy proceedings against former staffer Brittany Higgins in a bid to recover costs tied to a high-profile defamation case. Reynolds filed a creditor’s petition in the Federal Court after Higgins failed to comply with a bankruptcy notice, a step Reynolds says is necessary…
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Brittany Higgins Faces Bankruptcy Action by Linda Reynolds
Rekindled Legal Standoff: Reynolds vs. Higgins Goes Bankrupt The legal saga between former Liberal senator Linda Reynolds and Brittany Higgins has moved into a new phase, with Reynolds initiating bankruptcy proceedings against Higgins as a means to recover damages awarded in a defamation case. The Western Australian Supreme Court ruling in August found Higgins’s social…
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Braathens bankruptcy hits Ving and Apollo charter flights
Overview A Norwegian-backed aviation group, Braathens, has applied for bankruptcy for parts of its operations, a move that immediately affects Nordic charter players Ving and Apollo. The decision specifically targets Braathens’ Airbus division, which operated flights on behalf of charter clients. The aim had been a gradual phasing-out, but the company says the financial challenges…
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Braathens Bankruptcy Shakes Nordic Charter Flights
Overview: Braathens files for bankruptcy on Airbus-backed charter work In a move that jolts the Nordic charter market, Braathens has filed for bankruptcy for parts of its business, notably its Airbus-operated services that fly for charter operators such as Ving and Apollo. The aim was to phase out the unit gradually, but the company says…
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Airline in Bankruptcy: All Flights Canceled, 200 Jobs Affected
Background: Aiming to connect the travel market with Airbus capacity What began as a bold venture in 2022 aimed to reimagine air travel for tour operators by leveraging Airbus aircraft. The new airline sought to fill a niche in the European travel market by offering reliable, scheduled flights to accompany package holidays. In its early…