Comments (3) A Derby insolvency expert has warned that a “hard Brexit” is likely to lead to a surge in companies going out of business. According to research by insolvency and restructuring trade body R3, almost three-quarters of its members believe the EU Referendum result will cause corporate insolvency numbers to rise by the end of…
Over the last several years,more than 80 banks in Ukraine have been declared insolvent. Business entities and private citizens havelost billions of hryvnias that was on their current accounts. Weve got used to the news of another bank turning into an empty can, from which all funds have been washed out, leaving zero chances for…
Featured Articles In an endorsement of the Justice R.M. Lodha Committee’s work to usher in transparency within BCCI officialdom, leading sportspersons joined hands to ask the Supreme Court to implement the apex court-appointed Lodha panel’s sweeping reforms for BCCI on other sporting federations across the spectrum. A Bench led by Chief Justice of India J.S.…
Student loan repayments could rise in this year’s federal budget. Glenn Hunt Universities have backed moves to consider key changes to the HECS-HELP student loan scheme, giving cover to Education Minister Simon Birmingham to increase costs to students in his higher education reform announcement expected in coming months. The universities’ peak lobby group, Universities Australia,…
Vernon Dennis of Howard Kennedy LLP explores recent and future challenges faced by the insolvency sector Those practising in the insolvency sector will commonly encounter the refrain, I bet you must be busy. The response provided to this statement will surprise many as corporate insolvency numbers in 2016 remained flat, representing just 0.41% of all active companies; the lowest…
SINGAPORE – A fitness trainer conned his victim into believing that he needed money to pay for his mother’ s medical bills, rental arrears for two flats, insurance and even ransom for his kidnapped daughter. Between August 2012 and March 2013, Kelvin Kwan Ban Hock duped civil servant Goh Wee Hou, 37, of a total…
Once the Business Liquidation Services has started, we will walk you through it step by step. If you have a business of your own, you know that it takes a lot to keep it running and successful. There are other factors that will also help to keep it successful. Liquidation and receivership are just two…
Perth construction company Builton Group has become the latest casualty of Perths building downturn, appointing administrators today. The appointment of Cor Cordis Dino Travaglini and Jeremy Nipps as external administrators was flagged by the Building Commission late on Friday. WestBusiness last week reported one unpaid creditor KJ Carpentry (WA) had appointed a liquidator after it…
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