Category Archives: Bankruptcy

BRIEF-Russian Navigation Technologies to be excluded from trading as of De… – Reuters

Nov 28 Moscow Exchange: * Says trading in Russian Navigation Technologies shares is suspended as of Dec. 1 due to the fact that Russian Navigation Technologies has been declared insolvent * Announces delisting of Russian Navigation Technologies shares as of Dec. 9 Source text – bit.ly/2fEoN8N Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also…

Former Liverpool and Republic of Ireland star Steve Staunton declared bankrupt – Mirror.co.uk

Ex-Liverpool and Ireland defender Steve Staunton has been declared bankrupt. A series of documents filed with courts in Britain have revealed that the 47-year-old was declared bankrupt in April this year, with the period of bankruptcy to last until April 15, 2017, report the Coventry Telegraph . Staunton earned more than 100 caps for Ireland…

‘Business as usual’ after Endless Jewelry collapse – Jeweller Magazine

The Australian retail stockists of Endless Jewelry have been advised it will be business as usual despite the company filing for bankruptcy in Germany. German Insolvency Register records indicated that Endless International GmbH, which is headquartered and registered in Germany, initiated insolvency proceedings on 18 November. A statement issued by Endless International GmbH confirmed…

WA Police to make workers’ compensation an election issue – ABC Online

The Barnett Government is on a collision course with the WA Police union over its proposed new workers’ compensation scheme for serving officers. Police Minister Liza Harvey has released details of a comprehensive scheme she insists will deliver compensation for police officers in line with other employees. But the police union is adamant…

Listed companies 50 per cent more likely to fail – The Australian Financial Review

Analysts have said the collapse of Dick Smith was as much to do with poor governance as economic conditions. Jessica Hromas Listed companies are up to 50 per cent more likely to fail than private companies because they are structured in a way that encourages them to take more risks, according to a Reserve Bank…

Ex-Ireland manager Staunton declared bankrupt – Irish Independent

Former Ireland player and manager Steve Staunton was declared bankrupt in April Picture: Damien Eagers Former Ireland football manager and international player Steve Staunton has been declared bankrupt in the UK. Documents filed with the courts in Britain show that Mr Staunton (47), who is originally from Co Louth, was declared bankrupt in April of…

Insolvency and Bankruptcy Board sets up two advisory panels – Economic Times

NEW DELHI: Putting in place the operational framework for insolvency and bankruptcy law, IBBI is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation. IBBI has been set up under the Insolvency and Bankruptcy Code that seeks to consolidate and amend laws relating to reorganisation as…

Number of insolvencies jumps by a fifth in England and Wales – The Guardian

The number of people becoming insolvent across England and Wales leapt by a fifth in the third quarter of 2016, with experts warning that the numbers could continue to increase as the cost of living rises following the UKs Brexit vote. There were 24,251 personal insolvencies between July and September, marking a 19.3% increase compared…

Insolvency and Bankruptcy Board sets up two advisory panels – The Indian Express

By: PTI | New Delhi | Published:November 27, 2016 3:58 pm Putting in place the operational framework for insolvency and bankruptcy law, IBBI is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation. IBBI has been set up under the Insolvency and Bankruptcy Code that seeks…

Institute of Company Secretaries of India forms Insolvency Professional Agency – The Indian Express

By: PTI | Kolkata | Published:November 26, 2016 3:50 pm Institute of Company Secretaries of India (ICSI) has formed an Insolvency Professional Agency and had applied to the Insolvency and Bankruptcy Board for its registration.The Insolvency and Bankruptcy Code of India has got the Presidents assent and is now in place. ICSI thus has formed…