EY-Parthenon teams were appointed as insolvency administrators in March 2021. From the start, a unique aspect to this engagement was the media attention. Given the size and impact of this bankruptcy, this was a hurdle both Abengoa and EY-Parthenon had to overcome and engage with regularly throughout the process. Loan requests Initially, the EY-Parthenon teams…
There are concerns the bankruptcy could cost Danish taxpayers some 27 million. ADVERTISEMENT The Danish company Nordic Waste has triggered a political scandal by filing for bankruptcy. The bankruptcy of the company – which deals with the reprocessing of contaminated soil – could cost taxpayers 27 million. After they post their bankruptcy filing, the Danish…
Air Belgium (KF, Brussels Charleroi) has been given another four months to reach an agreement with its creditors under its process of court-led restructuring (Procdure de Rorganisation Judiciaire – PRJ), the company said in an internal document to its employees seen by local media. When Nivelles Commercial Court near Brussels approved Air Belgiums request to…
Andrew FairIt’s about GPs not being at the selected specialty by graduates from Australian medical schools. In fact, Mel, about 30 years ago, 40 per cent of all graduates of Australian medical schools went into general practice and that was the situation when I started in medicine. But about six years ago, that number had…
Two mountain bike manufacturers in West Yorkshire have gone into administration. Orange Mountain Bikes and P Bairstow employed more than 40 staff with administrators from BDO are working to complete a sale of the business and assets. Founded in 1988, Orange Mountain Bikes manufactures bikes and sells on to retailers, as well as directly to…