Spain: 2,000 Companies Have Already Declared Insolvency Despite The Insolvency Moratorium – The Corner Economic

T.C. | In Spain, 2,086 companies declared insolvency between January and April this year, an increase of 71% compared to 1,217 a year earlier, according to data published in the Official State Gazette and analysed by Iberinform. The strongest growth was in April, when 552 insolvencies were declared, compared to 41 in April last year,…

Western Australia security of payment reforms set to create subcontractor uncertainty – Out-Law.com

Instead, the Building and Construction Industry (Security of Payment) Bill 2021 is likely to increase legal uncertainty in the construction sector, spur an increase in contractor claims and add to the administrative burdens associated with major projects. Why are reforms proposed? The Western Australian (WA) government plans to introduce new security of payment regime in…