Released 15 November 2022 Next release 14 December 2022 Media enquiries Steven Fifer +44 (0)30 3003 1568 Statistical enquiries Samuel Tudor (author) [email protected] David Webster (responsible statistician) User Engagement Survey Official Statistics (smartsurvey.co.uk) Please complete this survey relating to Insolvency Service Official Statistics to let us know your views and tell us about anything else…
The Singapore International Commercial Court (SICC) has amended its rules to hear cross-border restructuring and insolvency matters, which took effect on 1 October, aiming to enhance the island country as an international debt restructuring hub. The key changes made by the Singapore International Commercial Court (Amendment No. 2) Rules 2022 are an amendment to Order…
When youre struggling with debt it can be hard to focus on anything else. You can feel stressed and frightened about the future, but rather than burying your head in the sand and trying to ignore the problem you should instead seek help. The Insolvency Service of Ireland (ISI) have put in place a network…
Personal insolvency: There were 27,927 individual insolvencies in the quarter to September. Photo: Press Association Nearly 28,000 personal insolvencies were recorded in Britain over the last three months as inflationary pressures and the cost of living crisis took their toll. According to the Insolvency Service on Friday, there were 27,927 individual insolvencies in the quarter…
David Fairfull. File photo The returns to creditors from Australian startup Metigy look thin, with staff entitlements now being paid via afederal government scheme,as the corporate regulator ASIC investigates suspected insolvent trading. The now collapsed machine-led marketing platform owed an estimated $32,366,606.84,according to the liquidators in documents filed to ASIC. The liquidators are stil to…
The Insolvency Service issued a Call For Evidence (CfE) in July 2022, asking a wide range of questions about personal insolvency in England and Wales: The purpose of this document is to seek evidence that will help inform the Government on whether the current personal insolvency framework is still fit for purpose and, if not,…
Limited liability of shareholders is an important feature of modern companies. Article 3.1 of the Company Law provides that the liability of a shareholder shall be limited to the amount of their capital contribution/the number of their subscribed shares. However, under special circumstances, such as when a shareholder neglects to fulfil liquidation obligations, resulting in…
Tripe MMM have defaulted on their payments Upon completion, the development is expected to be valued at $155 million The builder, ADCO, remains committed to the project Merricks Capital has announced today that it has placed the Melbourne Place hotel development project into voluntary administration following payment defaults by the developer, Triple MMM Holdings Pty…
The company was listed in June 2019 Covid saw the company’s fiscal position collapse Along with Covid, disputes with landlords also contributed to its demise Victory Offices Limited (ASX: VOL) has announced it has entered into voluntary administration. The announcement comes just three years after the company was listed on the ASX, back in June…
Supplied Business partners Josh Emett and Fleur Caulton pictured outside Queenstown’s Rata restaurant. (File photo) The Madam Woo restaurant chain, founded by celebrity chef Josh Emett and restaurateur Fleur Caulton, has been put into voluntary administration as part of hospitality group Go To Collection. Malcolm Hollis and John Fisk of PwC were appointed administrators by…