Search

Byline: Shane Wright Nov 19, 2024 (The Sydney Morning Herald - ABIX via COMTEX) -- Data from CreditorWatch shows that the national business failure rate was 5.04 per cent in [...]

Byline: Sarah Butler Two former bosses of the collapsed department store chain BHS have been ordered to pay £110m to creditors in relation to breaching their corporate duties. The ruling [...]

LONDON, UK -- The following information was released by Logistics UK: Speaking in response to today's (30 October 2024) Budget announcement, David Wells OBE, Chief Executive of business group Logistics [...]

Lithuania: The Supreme Court of Lithuania has issued the following news release: The Supreme Court of Lithuania answered the question of whether, in the bankruptcy process of a state-owned enterprise, [...]

Byline: Sarah Butler Carpetright collapsed with debts of almost £345m, more than half of which are owed to customers, suppliers, landlords and other unsecured creditors who are unlikely to be [...]

Byline: By, Conor Gogarty A fine dining restaurant company collapsed owing hundreds of thousands of pounds. ALM Bars Ltd, which traded under the name Courts, is being liquidated less than [...]

Byline: Sarah Butler Two former directors of the collapsed department store chain BHS have been ordered to pay at least £18m after the pair were found liable for wrongful trading [...]

Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest. Customers of the failed cryptocurrency exchange FTX are poised to [...]

Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest. Customers of the failed cryptocurrency exchange FTX are poised to [...]

Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest. Customers of the failed cryptocurrency exchange FTX are poised [...]

The health and social care sector particularly hospitals and larger care facilities as well as the transportation sector were most frequently affected by bankruptcies in 2023. This is shown by [...]

We previously talked about Bankruptcy and Personal Insolvency Agreements. Depending on the circumstances, there are options available under the Bankruptcy Act that are more applicable to you and your individual [...]

London: UK Government has issued the following news release: Interest under the Taxes Acts or VAT Acts ceases to run when a taxpayer becomes bankrupt or an insolvent company goes [...]

MEDFORD, Ore., Feb. 5, 2024 /PRNewswire/ -- Rendering financial advisory services in the business turnaround, restructuring, and bankruptcy practice areas requires both special knowledge and extensive relevant experience. In 2004, [...]

As featured in our Autumn/Winter 2023 Political Risk Index, we hear about the demand for credit insurance and the effects of retail claims in Latin America. The story so far [...]

London: UK Parliament has issued the following written answer: Answer Kevin Hollinrake Answered on 20 November 2023 The numbers of registered company insolvencies in the United Kingdom in the periods [...]

To access, purchase, authenticate, or subscribe to the full-text of this article, please visit this link: https://www.thestreet.com/retailers/2-bankrupt-liquidated-retailers-making-brick-and-mortar-comebacks You could create a pretty impressive mall out of the large retail brands [...]

The Background Both the Insolvency Act 1986 and the Insolvency Rules 2016 provide for the remuneration of office-holders (i.e. administrators, liquidators and trustees in bankruptcy) in both corporate and personal [...]

Byline: Reis Thebault FRESNO, Calif. - The co-founders were usually ebullient, but on this emergency video call they sat together ashen. Always attentive to optics, they dressed in black to [...]

Driven by high interest rates, business insolvencies in March soared to the highest level since 2011, Updated: November 10, 2023 For years, the quiet success story in Canadian business was the steady drop in the number of business failures, a trend that accelerated during the pandemic [...]

To access, purchase, authenticate, or subscribe to the full-text of this article, please visit this link: https://www.thestreet.com/retailers/bankrupt-liquidated-retailer-making-a-massive-comeback When a big-name brand goes bankrupt and has its intellectual property sold at [...]

Stockholm, Sweden: Roschier Advokatbyra AB has issued the following press release: Recently, there has been a notable surge in the number of bankruptcies across various industries in Finland, particularly within [...]

Byline: Guardian community team While the UK construction sector grew by 1.3% in the final quarter of 2022, a report warned in January that a 'perfect storm' of factors could [...]

Byline: Kalyeena Makortoff KPMG has settled a £1.3bn lawsuit brought by Carillion's liquidators, who claimed the auditor was negligent and missed serious red flags in the outsourcing firm's accounts ahead [...]

Byline: SHANE DINGMAN; Staff VANCOUVER -- THE LISTING The financial difficulties of a Vancouver real estate development company sitting on close to a billion dollars in property has raised questions [...]

Byline: Rob Davies Rishi Sunak's wife, Akshata Murty, invested in a furniture firm that received nearly £300,000 in taxpayer-funded loans handed out under policies he put in place while chancellor. [...]

Putney: Russell-Cooke LLP has issued the following press release: Russell-Cooke's restructuring and insolvency team present a round-up of recent insolvency news and updates, they look at how these will impact [...]

London: UK Government has issued the following news release: Interest under the Taxes Acts or VAT Acts ceases to run when a taxpayer becomes bankrupt or an insolvent company goes [...]

Bristol: Business Money Promotions Ltd has issued the following news release: An insolvency practitioner of one of the UK's leading accountancy firms predicts the number of company insolvencies in England [...]

Byline: Michael Bleby May 02, 2023 (The Australian Financial Review - ABIX via COMTEX) -- Data from the Australian Securities & Investments Commission shows that an additional 71 businesses in [...]

Byline: Michael Bleby May 02, 2023 (The Australian Financial Review - ABIX via COMTEX) -- Data from the Australian Securities & Investments Commission shows that an additional 71 businesses in [...]

Byline: Sarah Butler Hundreds of furniture suppliers and other unsecured creditors to the failed retailer Made.com are expected to receive less than 2% of almost £187m they were owed when [...]

In Tradition Financial Service Ltd v Bilta (UK) Ltd & Others1, the Court of Appeal considered the scope of section 213 of the Insolvency Act 1986 (the 'Act') and, specifically, [...]