Nero CVA challenge – part two: the rejection of the challenge

In our earlier blog, we considered the application to strike out the challenge against the Caffè Nero company voluntary arrangement ( “CVA”) (Nero Holdings Ltd v Young) and the rejection of Caffè Nero’s strike-out action by the Court. In particular

Card issuers have resisted slashing credit limits during pandemic: CFPB

Understanding the Different Types of Bankruptcies

Filing for bankruptcy means you are unable to pay your existing debts. If you successfully file for bankruptcy, your existing debts are cancelled, which allows you to rebuild your finances and move forward. However, unless you have filed for

September 2021 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for September 2021. The reported stories reflect at least 8 new Ponzi schemes worldwide, 6 guilty pleas, more than 67 years of prison sentences, and an average age of

First Citizens, CIT extend deadline for closing $2.2 billion merger

Southern Missouri will enter St. Louis with $29.9 million deal

Senate confirms Chopra as CFPB chief in party-line vote

NCUA banned four former credit union employees in September

Newsom nominates new financial regulator for California

FHFA weighs cutting price-adjustment fees on Fannie and Freddie loans