Article 0 Comments New You can now listen to Insurance Journal articles! The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in three decades the agency has tapped the municipal bond market to…
Popular bottle shop goes bust just a month after being put up for sale the second online booze retailer to collapse since Boozebud Online gin retailer Gintonica is now insolvent Best known for tasting packs, a gin advent calendar By Peter Vincent For Daily Mail Australia Published: 17:07 AEST, 27 June 2023 | Updated: 17:07…
Tuesday 27 June 2023 6:00 am Fears of insolvency are receding among UK firms despite recent data showing liquidations hit a four-year high in May. According to new research from Evelyn Partners, 32 per cent of UK businesses believe there is a risk they will become insolvent in the next 12 months, down significantly on…
A controversial former politician who had thousands of dollars worth of cash hidden in a cupboard after he was declared bankrupt has denied forging documents in court. Former Auburn deputy mayor Salim Mehajer wore a navy suit and patterned blue tie as he appeared in the NSW District Court on Tuesday facing a fraud trial.…
Cable will no longer be recognised as an Australian Football Hall of Fame Legend after he was found to have sexually abused a girl during his playing career By Riley Beveridge Barry Cable addresses the room during the 2017 Australian Football Hall of Fame dinner at the Adelaide Oval. Picture: AFL Photos THE AFL has…
Company insolvencies in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019. CREDIT: This is an edited version of an article that originally appeared on Business Matters. Data from the Insolvency Service yesterday showed that 2,552 companies were declared insolvent last month,…
KUALA LUMPUR, June 26 A total of 31,140 youth aged 35 and below have been registered as bankrupts from 2014 to May 2023 based on the records of the Malaysian Department of Insolvency (MDI), said Deputy Minister in the Prime Ministers Department (Legal and Institutional Reform) Ramkarpal Singh. Concerned about the situation, the government has…
Jun 26, 2023 4.05pm Business collapses have hit the highest monthly level in more than seven years, as failures spread beyond property construction to retail, healthcare, childcare and mining. Higher interest rates, weaker consumer spending and directors throwing in the keys after a temporary pandemic reprieve are the main reasons for the jump in insolvencies.…
Personal guarantees can lead small and medium businesses into bankruptcy, warns national insolvency and turnaround firm Jirsch Sutherland. Already have an account? Sign in below: The firm said owners of small and medium businesses needed to understand the risks associated with a personal guarantee before signing up for one. Jirsch Sutherland said a personal guarantee,…
This was published 3 months ago By Chris Vedelago Updated February 27, 2023 12.47pmfirst published at 10.41am Normal text sizeLarger text sizeVery large text size The company behind the Coles and Woolworths soft plastics recycling program has been declared insolvent after failing to pay storage fees for the thousands of tonnes of plastics it secretly…