Gillian Filan, wife of Westlife’s Shane, declared bankrupt – just SIX years after his own financial collapse – Mirror.co.uk

He was famously declared bankrupt in 2012 with debts of 23m. And now, six years later, Shane Filan’s wife, Gillian, has followed suit with her own financial trouble. The ex-Westlife singer’s partner was ruled bankrupt by the High Court on July 23, according to official legal documents. A representative for the former boyband star confirmed…

Turning residential market puts pressure on developers – and investors – The Australian Financial Review

The deteriorating residential property market will pressure developers as funding costs rise and prices fall, creating extra risks for investors.  The residential market slowdown that pulled prices down 1.6 per cent in July, their steepest annual fall in six years, marks a turning in a housing construction cycle that has boomed for six years and attracted many new players. …

Bankruptcy: Dubbo is the second highest in the state as tough times hit – Daily Liberal

Dubbo has the equal second highest number of personal bankruptcies in NSW  and the equal eighth highest in Australia. The Personal Bankruptcy Analysis by data analyst company Illion shows the number of bankruptcies in Dubbo are the second highest in the state, equal ranked with Orange. It found 77 people in Orange were declared bankrupt in the…

India: NCLT admits insolvency petition against apparel brand Provogue – DEALSTREETASIA

August 3, 2018 The Mumbai bench of the National Company Law Tribunal admitted Provogue (India) Ltd for insolvency resolution on Thursday, making it the fourth company from the textile and garment sector to attempt loan resolution in bankruptcy courts. Reid & Taylor India Ltd, Mandhana Industries and Alok Industries Ltd are already in various stages…

India’s company law tribunal admits insolvency petition against apparel brand Provogue – DEALSTREETASIA

August 3, 2018 The Mumbai bench of the National Company Law Tribunal admitted Provogue (India) Ltd for insolvency resolution on Thursday, making it the fourth company from the textile and garment sector to attempt loan resolution in bankruptcy courts. Reid & Taylor India Ltd, Mandhana Industries and Alok Industries Ltd are already in various stages…

Cross-border insolvency and restructuring – International Law Office

Overseas assistance Representation of the Viscount Comment As a jurisdiction, Jersey is at the heart of cross-border insolvency and restructuring. Inevitably, situations arise where insolvent companies’ assets or important evidence are located overseas, or an overseas liquidation regime would be best for creditors. Conversely, there will be situations where a foreign insolvency process requires…

Bankruptcy: Dubbo is the second highest in the state as tough times hit – Daily Liberal

Dubbo has the equal second highest number of personal bankruptcies in NSW  and the equal eighth highest in Australia. The Personal Bankruptcy Analysis by data analyst company Illion shows the number of bankruptcies in Dubbo are the second highest in the state, equal ranked with Orange. It found 77 people in Orange were declared bankrupt in the…