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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China’s loan to Petrobras may help pay most 2016 debt: source – Reuters
The Brazil's state-run Petrobras oil company headquarters is pictured in Rio de Janeiro, Brazil, January 28, 2016. Reuters/Sergio Moraes China's
UPDATE 2-China’s loan to Petrobras may help pay most 2016 debt -source – Reuters
(Recasts with loan helping to pay 2016 debt)By Jeb Blount Feb 26 China's loan to Brazil's Petrobras announced Friday is
Mevgal to be model for new corporate restructuring system – Kathimerini
Greek banks appear to have found a way to restructure dairy company Mevgal, which is currently unable to repay its
How Does Debt Management Work? – NerdWallet (blog)
If youre struggling to pay credit card bills every month but cant seem to get any traction, a debt management
Former Minister El Hakim declared bankrupt – Curacao Chronicle
WILLEMSTAD Recently the court declared former Minister of Economic Development, Nasser el Hakim bankrupt. The former Minister has nearly 4
SRA closes Manchester law firm – Insider Media
A Greater Manchester law firm has been closed by the Solicitors Regulation Authority (SRA) after being declared insolvent. Mendell Solicitors
Tatamagouche Centre recovers from insolvency – Truro Daily News
It will be on a much-reduced basis over where they were operating when it closed last year, said acting board
UPDATE 1-Indebted Abengoa tells Spanish staff it lacks cash for wages – Reuters UK
(Adds Abengoa comment, details on staff, state of play of negotiations with creditors)By Julien Toyer and Jose Elías RodríguezMADRID Feb
Panel examining bankruptcy code given extension – Economic Times
NEW DELHI: The Joint Committee of Parliament examining the Insolvency and Bankruptcy Code, which seeks to provide an easy exit
GrafTech Reports Fourth Quarter and Year Ended 2015 Results – Business Wire (press release)
INDEPENDENCE, Ohio--(BUSINESS WIRE)--GrafTech International Ltd. today announced financial results for the fourth quarter and full year ended December 31, 2015.
A ‘Chapter 11’ Law for Europe’s entrepreneurs – EurActiv
Europes conflicting insolvency rules create uncertainty among investors, discourage cross-border investment and delay the restructuring of companies facing financial difficulty,
Economic Survey 2016 highlights the ‘Chakravyuha Challenge’ for businesses in India – Economic Times
NEW DELHI: The Economic Survey 2015-16 invokes the legend of the Charkravyuha from Mahabharata describing the ability to enter but