Retail brokerages restricted trading recently in GameStop and other stocks caused big losses for hedge funds. Free-stock trading pioneer Robinhood and Interactive Brokers said that in some cases, investors would be able to sell only their positions and not open new ones. Both brokerages raised margin requirements on certain securities. Robinhood said its decision to…
Firms that fail to refund people for holiday and weddings cancelled because of the coronavirus outbreak could face legal action by the consumer watchdog, the Competition and Markets Authority (CMA) The CMA said the holiday vouchers being offered can only be used during a more expensive period, while wedding venues are telling people to claim…
Debenhams is pressing ahead with plans to cut its debts after a legal challenge backed by Mike Ashley’s Sports Direct drew to a close. The CVA plan was subject to a legal challenge amid pressure from Ashley, whose investment of £150m was wiped out when Debenhams went into administration. Sports Direct had backed the legal…
Chasing these debts can be highly time consuming and frustrating, taking you away from the vital job of running your business. However, with the right legal support, it is often possible to recover business debts quickly and cost-effectively, unlocking vital funds for your business, while saving you a lot of time and stress. Our Debt…