Happy New Year – The Small Business Insolvency Reforms Come to the Party | Australia – ICLG.com

For many, 2020 has been the year to forget. The Coronavirus pandemic (COVID-19) has halted global economi… For many, 2020 has been the year to forget. The Coronavirus pandemic (COVID-19) has halted global economies and initiated recessions across continents and countries, including Australia. In an attempt to alleviate the financial impact of COVID-19, the Australian…

Troubled businesses face end of parachute rules protecting them from insolvency – Newcastle Herald

Hunter Business Chamber expects a “shaking out” of unviable companies after a suite of emergency protections ends on January 1. Many vulnerable businesses face the reversal of rules which have shielded directors from personal liability and allowed companies to trade while insolvent. The period for temporary debt protection for debtors will revert from six months…

32 bankruptcies in week 52 – Statistics Netherlands

Throughout the coronavirus crisis, CBS is providing weekly updates on the number of bankruptcies pronounced by Dutch courts. The weekly updates are normally released on Thursdays at 12.00 p.m. Download CSVShow datatableNumber of bankruptcies of businesses and institutions (including sole proprietorships), weekly Number of bankruptcies of businesses and institutions (including sole proprietorships), weekly 2019 1…

Minister McEntee announces continuing waiver of personal insolvency application fees for a further 3 years – Gov.ie

The Minister for Justice, Helen McEntee TD, announced today that she has consented to the making, by the Insolvency Service of Ireland, of Regulations to continue the waiver of personal insolvency application fees for a further 3 years, until 31 December 2023. Welcoming the waiver extension, the Minister said: “Continuing the waiver of fees for…