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Daily Archives: January 25, 2023

Two more major building firms collapse – news.com.au

BankruptcyBy Insolvency Advisory AccountantsJanuary 25, 2023

Another two more construction companies in Western Australia have gone under due to labour shortages and increasing construction costs. WA Housing Group, founded in 2019 and focused on custom builds and remodelling, was forced into liquidation on December 7, while Individual Developments WA (IDWA), which had prior agreements with the Department of Housing and Communities,…

China offers Sri Lanka a 2-year debt moratorium – CNBC

Debt HelpBy Insolvency Advisory AccountantsJanuary 25, 2023

Signage for the Central Bank of Sri Lanka in Colombo, Sri Lanka. Kuni Takahashi | Bloomberg | Getty Images The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to…

Celtic Tiger publican couple secure court write-off of 2.8m debt – The Irish Times

BankruptcyBy Insolvency Advisory AccountantsJanuary 25, 2023

The High Court has approved personal insolvency arrangements (PIAs) allowing a separated couple who have worked in the pub and food industry to write off more than 2.8 million of debts. Mr Justice Alexander Owens on Monday approved the arrangements for Bernadette Canning, of Monknewtown, Slane, Co Meath, and Graham Canning, of Ledwidge Hall, Slane,…

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