Tycoon Benko’s US$25bil empire starts crumbling with insolvency

[ad_1] Brussels: A unit of Signa Prime Selection AG has filed for insolvency in a Berlin court last Friday, according to Der Spiegel, indicating efforts to save the sprawling property…

Insolvency – Spongebob’s Plan from a creditors perspective?

[ad_1] Having found myself in the unfortunate position that one of my customers has become insolvent I’ve had a look through various threads/forums on advice how to proceed following a…

Harneys hires Walkers partner to lead expanded London litigation and insolvency offering

[ad_1] Offshore law firm Harneys has hired a partner from rival Walkers to lead its expanded London-based litigation, insolvency and restructuring team.  John O’Driscoll has joined the firm after 11…

GARIA unveils maiden Corporate Insolvency and Restructuring Journal

[ad_1] Ghana’s journey towards an improved business environment has been punctuated by key legislative milestones, including the enactment of the Companies Act in 2019 and the Corporate Insolvency and Restructuring…

How founders can rise again after insolvency

[ad_1] BBC figures have shown that small independent businesses are driving a rise in business insolvencies, as the cost-of-living crisis, the changing way we shop and the financial strain caused…

IOC acquires Mercator Petroleum for Rs 148 crore – ET EnergyWorld

[ad_1] State-owned Indian Oil Corporation (IOC) has acquired Mercator Petroleum for about Rs 148 crore in an insolvency proceeding, according to regulatory filings by the company. “The resolution plan submitted…

Sharp increase in retail firms in the UK at risk of insolvency | Retail News UK

[ad_1] Image Courtesy: https://www.personneltoday.com RSM UK, the audit, tax and consulting adviser, reports an increase in company insolvencies, particularly in the retail, leisure and hospitality sectors, according to the latest…

Sharp rise in UK firms at risk of going bust, insolvency data shows

[ad_1] The number of businesses in “critical distress” is on the rise as many battle with higher prices and lower demand. [ad_2] Source link

Facing insolvency, city’s biz family amassed wealth in Switzerland: ED – Times of India

[ad_1] Ludhiana: In a startling revelation, the Enforcement Directorate (ED) has claimed that a prominent business family of Ludhiana and its companies have allegedly been involved in mega financial transactions…

Entire industry on the brink as collapses soar

[ad_1] Businesses in one sector are collapsing at an alarming rate and being “hammered from multiple fronts” because the government “got it wrong”. Victims of collapsed home builder Porter Davis…