More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
Businesses in the UK are starting to decline following a significant rise in company insolvencies last month. Recent insolvency service data shows company bankruptcies surged to 2,308 in August, marking a 33.6 percent increase compared to July. Nicky Fisher, president of R3, the UKs insolvency and restructuring trade body, commented: Augusts corporate insolvency figures were their…
Hong Kongs Court of First Instance recently held (in the case of Re Gatecoin (in liquidation) 2023) that cryptocurrency has all the traditional characteristics of a property and is to be properly regarded so. However, the court did not come to any conclusion on characterising the nature of cryptocurrency; namely, whether its a thing in…
A McLaren P1 supercar, similar to the one in this photo, was sold as part of the liquidation of Sans Pareil winery. It had a door sill signed by F1 star Daniel Ricciardo (insert left; Aaron Salvestrin, insert right). Photo: supplied. An imported McLaren P1 supercar signed by Formula One star Daniel Ricciardo was sold…
One of the things Ive found most stressful over my working life is the threat of redundancy. Being made redundant is something that is a possibility for everyone over time and many people will go through this process repeatedly over the years as the whole concept of a “job for life” vanishes. The fact that…
The Insolvency Service Published 15 September 2023 Contents 1. Data Sources 2. Methodology 3. Revisions 4. Quality Print this page Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National…
The Insolvency Service Published 15 September 2023 Contents 1. Main Messages for England and Wales 2. Things you need to know about this release 3. Company and Individual Insolvencies in England and Wales 4. Company Insolvencies in Scotland 5. Company and Individual Insolvencies in Northern Ireland 6. Data and Methodology 7. Glossary Print this page…
The number of companies going bust jumped by almost a fifth in August compared with a year earlier as the toll of high interest rates and falling sales hit struggling businesses. The Insolvency Service said 2,308 firms in England and Wales collapsed in August, which was 19% more than in August 2022 and higher than…