Cross-border insolvency provisions at work – Clayton Utz

By Peter Bowden. Key Points: Complex cross-border issues can be dealt with relatively easily under the Cross-Border Insolvency Act as long as flexibility is built into the relevant orders. Cross-border insolvencies and restructuring might sound challenging, but there are some mechanisms that can make the process run surprisingly smoothly. Australia’s Cross-Border Insolvency Act 2008 (Cth)…

Former Celtic and Scotland striker Darren Jackson made bankrupt with debts of … – Scottish Daily Record

EX-Celtic star Darren Jackson has been made bankrupt with debts of £270,000. The former striker, who also played for Hibernian and Dundee United , was declared insolvent after failing to settle large bills. The majority of the cash is owed to the taxman and relates to investments made in a film production scheme. The 49-year-old…