Insolvency Advisory Accountants Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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Van Hool declared bankrupt by Belgian court – Power Progress
A15LE E battery-electric bus (Photo: Van Hool) Belgian bus OEM Van Hool has been declared bankrupt by the Commercial Court
Underworld widow Roberta Williams declared bankrupt – Yahoo News Australia
The widow of underworld figure Carl Williams has been declared bankrupt by the Federal Court, after it was reportedly revealed
There was an increase in companies going bankrupt in June – NL Times
The number of bankruptcies rose in June. According to Statistics Netherlands (CBS), there was an increase of 37 companies that
Understanding bankruptcy and its consequences in Australia – SBS
Key Points Bankruptcy lasts for three years but the consequences can last much longer. Bankruptcy wont release you from all
Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
A 16-year-old Melbourne boy was able to gamble nearly $100,000, including at suburban pubs, despite his mother desperately seeking help,
Court wipes punter's $150,000 debt – Racenet
Victoria's Supreme Court of Appeal has wiped a punter's $150,000 debt after ruling paperwork failures rendered the bets invalid. Bookmaker
Barefoot Investor: My husband confessed we are $140,000 in debt due to his gambling addiction – PerthNow
Last week I scored a trifecta, managing to upset people in three ways. First, for my supposed anti-immigration stance, second,
Australia: An Introduction to Restructuring/Insolvency – White & Case LLP
Australia has not been immune to the economic impacts of global financial and geopolitical events. The recent global economic downturn
Cash flow analysis key to small business restructuring – AccountantsDaily
With businesses collapsing at levels not seen since 2012, Grant Thornton Australias John McInerney suggested that the small business restructuring
Over 200 jobs saved so far this year through small business restructuring process – Irish Examiner
New research into the Small Company Administrative Rescue Process (SCARP) scheme has shown that 206 jobs have been saved so
Local small businesses look to restructuring for ATO debt solution – InDaily
South Australian small businesses are facing a choice between calling in the liquidators or bringing in restructuring firms to go
HECS indexation to be overhauled in budget with $3 billion in student debt 'wiped out' – ABC News
In short: Student debts will be lowered for more than three million Australians under reforms designed to stop HECS loans growing faster