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.
Go to ASIC
Moody’s takes the knife to China’s Dalian Wanda credit rating – The Sydney Morning Herald
Dalian Wanda a fortnight ago began restructuring its business, which includes two $1 billion Australian apartment projects. Ratings agency Moody's Investor
UK’s Monarch Airlines goes into administration – Financial Times
Monarch Airlines, the UK low-cost carrier and tour operator, has been placed in administration, leaving 110,000 holidaymakers stranded overseas and
Disclosing liquidation value of firms under IBC impacts bid values: Banks – Economic Times
MUMBAI: Banks reeling into huge losses due to bad loans are lobbying with the regulators to do away with mandatory
A golden past, a black future – Times LIVE
Once the gold-mining heart of Gauteng, Merafong City faces an economic meltdown as Eskom threatens to cut off the municipality's
Appvion Initiates Process to Restructure Debt and Position Business for Long-Term Success – PR Newswire (press release)
The Company expects to continue operations as usual and has obtained a commitment for $85 million in new debtor-in-possession ("DIP")
WP Rugby has criminal charges laid by partner – Independent Online
CAPE TOWN The advertising partner for Western Province Rugby (WPR) has laid criminal charges against it, after directors and its
Chinese kidnap victim rescued in Laguna – Inquirer.net
Police in Laguna rescued a Chinese call center executive who was allegedly kidnapped in Makati City last Friday, Sept. 29,
Appvion Initiates Process to Restructure Debt and Position Business for Long-Term Success – Markets Insider
APPLETON, Wis., Oct. 1, 2017 /PRNewswire/ -- Appvion, Inc. (the "Company") today announced that it and certain of its subsidiaries filed
Saving Puerto Rico with Renewable Energy, Debt Relief, and Democracy – HuffPost
Following two horrible, climate-change-driven hurricanes Irma and Maria, Puerto Rico is facing a humanitarian crisis. Millions of people are without
‘Lajim’s Parti Harapan presidency intact despite bankruptcy order’ – Free Malaysia Today
Deputy president Maijol Mahap says annulment under Section 105 of Bankruptcy Act 1957, wipes out prior bankruptcy order, putting Lajim
Waste firm eclipsed by loss of levy fight – The West Australian
Eclipse Resources, the Perth waste-management company that unsuccessfully battled the State Governments landfill levy, has been placed in administration owing
Thieving office manager almost plunged Middlesbrough business into liquidation – The Northern Echo (registration)
A TRUSTED office manager who stole almost £50,000 and plunged a family business to the brink of liquidation has walked