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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Hope for those in debt: Can a non-profit help put predatory payday lenders out of business? – Salon
Earlier this month, the Consumer Financial Protection Bureau proposed rules on the massive payday loan industry. CFPB wants to force
Hornby FY loss widens; reveals restructuring plan – MarketWatch
LONDON--Hornby PLC (HRN.LN) Wednesday announced a business restructuring plan and refinancing agreement after posting a sharply widened pretax loss for
Sona prepares for liquidation – New Straits Times Online
IT is the end of the road for embattled special-purpose acquisition company (SPAC) Sona Petroleum Bhd as it prepares to
Romania’s largest power producer exits insolvency – Romania-Insider.com
Romanias largest state-owned electricity producer Hidroelectrica exited insolvency after four years, the Bucharest Court decided yesterday. The court postponed twice
Resolving NPLs to restart credit growth – Kathimerini
Getting Greece back on the path to growth is a challenging and multidimensional task. A strong financial sector is an
Sona gives up,shareholders to get money after liquidation – The Star Online
Our intention is to return the money to shareholders as soon as we personally can, but it is driven by
Printing company collapses into liquidation while completing $100000 contract for Labor Party – SmartCompany.com.au
A New South Wales-based poster manufacturer that was contracted to supply banners for the Labor Partys election campaign banners has
Yep, Donald Trump’s companies have declared bankruptcy…more than four times – PolitiFact
Hillary Clinton mocked Donald Trumps business failings in a major speech arguing that the presumptive Republican nominee would be disastrous
Pokarna Engineered Stone exits corporate debt restructuring – Hindu Business Line
Hyderabad, June 21:   Pokarna Engineered Stone, a wholly-owned subsidiary of Pokarna, has come out of a corporate debt restructuring (CDR),
Hidroelectrica oficially gets out of insolvency for the second time – Business Review
State-owned electricity producer Hidroelectrica exited insolvency on Tuesday for the second time. The decision was taken by the judges at
Reese Witherspoon’s Australian speaking event cancelled as organisers go into liquidation – Daily Mail
Reese Witherspoon was due to speak at event for Simpatico Connection The $3000-a-head event was to be held at the Dockside Pavilion in
Yellen: Fed Has ‘Extremely Limited’ Authority to Help Resolve Puerto Rico’s Debt Crisis – Morning Consult
The Federal Reserves legal authority to give Puerto Rico emergency funding to help it emerge from a $70 billion debt