Indonesia, the U.S., and several NGOs signed the debt diversion agreement for the conservation program on July 3, 2024.
converting USD 21.6 million of sovereign debt with Paris Club creditors to fund marine conservation. This is considered the world’s first debt swap for ocean conservation and climate adaptation.
The Fair Debt Collection Practices Act (FDCPA) [1], is the federal consumer protection statute which regulates debt collection practices and establishes liability for abusive debt collection practices ...
Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.
They’re adding new provisions to debt documents to curb creditor voting rights, and are also pushing back against so-called cooperation agreements between lenders. These proactive measures by buyout ...
Debtors were denied a discharge when they could not adequately explain or provide sufficient documents for a complex asset ...
and the balance between creditor protections and access to bankruptcy relief. It also emphasizes the need for careful drafting of LLC agreements to navigate these complex dynamics. The Debtor ...
Credit counseling and debt relief are both worth considering, but one may be better than the other. Here's why.
Likewise, because there is no bankruptcy estate in a chapter 15 case, creditors of a foreign debtor do not file claims ... of chapter 15 "cooperation between … courts of the United States ...
The company behind long-awaited plans to build a £2.5billion ‘UK Disneyland’ on the outskirts of London has declared the ‘dream’ has now been ended. Plans for ‘The London Resort’ were first unveiled ...
Finance Minister Nirmala Sitharaman tables India's Economic Survey for 2024-25 in Parliament, covering current economic ...