Wright: [00:00:00] This episode was recorded live at SmileCon 2023. Enjoy. I’m about to call out the two most dreaded words for new dentists: student debt. Hello. Hello, everyone. I am Dr. ArNelle Wright. Ioannidou: [00:00:15] and I’m Dr. Effie Ioannidou and this is Dental Sound Bites. Today, we are going to show you some…
Innovation, Science and Economic Development Canada Unregulated debt advisors are targeting indebted Canadians with promises of a quick fix, charging unnecessary fees for debt-relief services they are not authorized to provide. The Office of the Superintendent of Bankruptcy (OSB) and the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) want to help Canadians avoid debt-relief…
UK firms have struggled this year with the Bank of England’s high interest rates and weak consumer spending The number of firms going bust in England and Wales has jumped yet again as the higher-for-longer interest rate environment continues to put pressure on businesses and consumers. Monthly data from the Insolvency Service showed there were…
Jones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…
Four lawyers, including two directors, of Singapore law firm Kalco Law have left to launch a disputes-focused boutique in the city called Fortress Law. The new firm, which focuses on civil and commercial disputes, criminal defence litigation, insolvency and family law work, will be led by directors James Ow Young, Trent Ng and Mark Yeo.…
Jones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…
LONDON, Nov 14 (Reuters) – Business insolvencies in England and Wales rose 18% in annual terms during October, official data showed on Tuesday, in a further sign of the tough economic environment facing many firms. The Insolvency Service, a government agency, reported 2,315 company insolvencies last month, up from 1,954 a year previously and higher…
According to UK government figures, the year 2023 will see the largest number of company bankruptcies since 2009. These figures also show a 25% increase to nearly 40,000 companies nearing financial collapse in the past three months. What’s driving the notable upswing in insolvencies? Figures from before the pandemic show a constant variation in insolvencies, with…
During October 2023 there were 99 company insolvencies registered in Scotland – 21% higher year-on-year. This was comprised of 35 compulsory liquidations, 58 creditors’ voluntary liquidations (CVLs), four administrations and two company voluntary arrangements (CVAs). There were no receivership appointments. Historically, the volume of company insolvencies registered in Scotland has been driven by compulsory liquidations.…
Newsflash: the number of companies falling into insolvency in England and Wales has jumped again. There were 2,315 registered company insolvencies in October, which is 18% higher than in October 2022 (when there were 1,954), a worrying sign for the UK economy as it enters the winter. Its also an 18% increase on a monthly…