Loans

RITL: CoC appeal subject to NCLT opinion on Bank of Doha petition

By Mitali Salian The National Company Law Tribunal ruled on Friday that any resolution passed by Reliance Infratel’s Creditors Committee (CoC) is subject to the court’s decision on the Bank of Doha’s petition. Doha Bank was against the admission of bankers’ claims on the basis of the invoked corporate guarantees …

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Getting your teen to talk about the dangers of vaping

The question took on new urgency. Health authorities are investigating 530 confirmed and probable cases lung disease in the United States linked to electronic cigarettes. Eight people died. Many teens use e-cigarettes: 27.5% of high school students have used them in the past 30 days, according to preliminary data of …

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COVID-19 Application Trends: Fraudulent Requests for Relief Funds

A year after the COVID-19 pandemic hit the United States, it remains to be seen how the Biden administration will approach law enforcement against companies that have received pandemic relief through the law. CARES and other federal spending programs. Nonetheless, application models related to pandemic assistance in 2020 and early …

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Adjusted EBITDA Hides Higher Leverage on Buyout Loans

Through Max Bower, David Brooke, LPC LONDON (LPC) – Investors in European leveraged loans are increasingly worried that private equity firms are making too aggressive adjustments to portfolio company profits to support higher leverage. EBITDA is a benchmark cash flow figure used by bankers to calculate a company’s leverage and …

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