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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Managing sovereign loans: Building up from the basics – World Bank
Sovereign loans are an important source of financing for countries around the world. Borrowing can enable governments to support key
What is phoenixing? – William Buck
Illegal phoenixing is a deceptive manoeuvre used by some businesses to sidestep their obligations, leaving creditors, employees, and other stakeholders
ASIC data shows liquidations, company collapses surging, most businesses can't pay back debts | news.com.au … – news.com.au
Shocking new statistics show that creditors owed money from a company collapse have no choice but to write off their
Casa Building Group collapses into liquidation, receivership owing $3.7m, Guzman Y Gomez sites impacted | news … – news.com.au
A building company has collapsed into both liquidation and receivership just days out from Christmas owing $3.7 million to hundreds
Debt Management Guide – Investopedia
Bad Debt and Good Debt: The Differences Many people believe that having no debt is ideal, but in many situations,
Kuwaiti tycoon behind 'Dartford Disneyland' declared bankrupt – The Telegraph
The Kuwaiti businessman behind a troubled 2.5bn Kent theme park meant to rival Disneyland has been declared bankrupt. Abdulla Al-Humaidi,
Should I Use a Personal Loan to Pay Off Credit Card Debt? – CNET
If youre accruing interest faster than you can pay off your credit card balance, the debt can feel unmanageable. And
Is debt relief worth it? 3 times it is (and 3 times it's not) – CBS News
Debt relief programs can make a lot of sense in certain scenarios, but they won't be the right move in
Advice | IRS is waiving $1B in penalties. Beware of tax debt relief companies. – The Washington Post
Getting a letter from the IRS saying youre past due on a tax debt can be frightening. That fear often
Over 100000 borrowers seek help to settle informal debts – Thai PBS World
A total of 105,482 borrowers have signed up since the beginning of December for government assistance in tackling their informal
Chinese property developer Powerlong signs debt restructuring term sheet – South China Morning Post
Distressed Chinese developer Powerlong Real Estate Holdings unveiled the preliminary terms of a restructuring agreement with an ad hoc group
Allcargo group announces business restructuring; stocks gain – Moneycontrol
The International Supply Chain (ISC) business will be demerged into a separate entity, Allcargo ECU Limited and will include the