The Insolvency Service Published 28 April 2023 Contents 1. Overview 2. Regulatory Development and Research 3: Regulatory and Disciplinary Statistics 4: Complaint Statistics Print this page Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to…
PETALING JAYA: In extending a helping hand to spouses, relatives or friends in need of money, they willingly and trustingly sign up as guarantors. However, many of these guarantors later end up in a tight situation when the loans are not repaid, leading to some even being declared bankrupt or, worse, a few developing suicidal…
As the Reserve Bank board braces for another interest rate decision tomorrow and over-borrowed interest rate worriers pray for no change, the news is growing that10 interest rate rises are starting to bite, big time. One industry expert called it an insolvency Armageddon with cash-troubled business wind-ups reaching 828 in March, after starting the year…
Pialligo Estate has been a high-profile ACT business casualty. Photo: Ian Bushnell. Currently, our local economy is going through the effects of what some call financial long-COVID on businesses. We are seeing too many businesses closing their doors and/or going into insolvency, liquidation or administration. There are plenty of bad and sad impacts from these…
Personal insolvency numbers have jumped by more than 50 per cent since the start of the year, as high interest rates and inflation finally start to have an impact on household budgets. The Australian Financial Security Authority reported that there were 921 new personal insolvencies in March up from 796 in February and 772 in January. AFSA…
Minister for Finance Michael Noonan pictured at the Department of Finance yesterday. Pic Steve Humphreys 10th April 2013. John Drennan Sun 9 Jun 2013 at 06:00 Tensions are likely to rise between Labour and the Finance Minister Michael Noonan over his refusal to consider ending VAT of 23 per cent on those who use the…
Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Sam Karotkin as a managing director to its restructuring investment banking team.We are very excited to welcome Sam to the team. His strong leadership skills and extensive background in restructurings, both in and out of court, will be a…