In Q1 2023 (Jan 1 Mar 31), there were 355 formal insolvency proceedings lodged in New Zealand compared to the corresponding period in 2022 when there were 277. Thats an overall increase of 28%. BWA Insolvency has been tracking the data on liquidations, receiverships and voluntary administrations since 2012. The Registrar of Companies Office records…
Former Salford Red Devils owner Marwan Koukash has been officially declared bankrupt. Koukash became a prominent figure in rugby league from 2013 onwards when he took ownership of the Red Devils but having left the club it seems financial troubles have found him. He was keen to splash the cash at Salford though and in…
The figures come as Citizens Advice warns people are at risk of “spiralling into debt” amid the cost-of-living crisis. A person becomes insolvent when they are unable to pay their debts and are left with a choice of declaring bankruptcy or taking on measures to pay them back. New figures from the Insolvency Service show…
By Marine Strauss BRUSSELS (Reuters) -The first and only Belgian cryptocurrency lending platform, Bit4You, said it was suspending its activities after CoinLoan, one of its main service providers, was declared insolvent by an Estonian court. CoinLoan, a crypto lending company based in the Baltic state, also no longer has the required registration as a custodian…
Author/Editor: Wolfgang Bergthaler ; Jose M Garrido ; Anjum Rosha Publication Date: May 5, 2023 Electronic Access: Free Download. Use the free Adobe Acrobat Reader to view this PDF file Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in…
Dara Calleary Legislation providing increased protections for employees in a collective redundancy situation following their employers insolvency is to be drafted as a priority, the government has announced. Ministers yesterday approved the priority drafting of the Plan of Action on Collective Redundancies following Insolvency Bill 2023, which will implement the remaining commitments contained in an…
May 4, 2023, 08:37 PM Napoli won their first Italian Serie A title in 33 years, clinching the Scudetto on Thursday with a 1-1 draw at Udinese. Needing only a draw to take an unassailable 16-point lead with five games remaining, Serie A’s top scorer, Victor Osimhen, equalised for Napoli in the 52nd minute to…
Citizens Advice warns people are at risk of “spiralling into debt” More people were unable to pay their debts in Bedford in 2022, new figures show. The figures come as Citizens Advice warns people are at risk of “spiralling into debt” amid the cost-of-living crisis. Read More Postcard sent to Bedford address discussing Titanic sinking…
The Second District Court for Commercial Bankruptcy in Mexico City formally declared Interjet bankrupt, more than two years after the suspension of its operations. Interjet and its debts Following the ruling by Judge Sal Martnez Lira, the company, which was founded in 2005 and ceased operations in December 2020, will have to auction its assets…
REVEALED: How Wes Brown lost his millions to end up bankrupt – bad property deals, overpaying on a farm and trying to keep up with team-mates earning SIX times as much as him By Nathan Salt For Mailonline and Alex Miller And Nick Harris For The Mail On Sunday Published: 19:31 AEST, 3 May 2023…