Insolvency Advisory Accountants Media Centre

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UPDATE 1-Abengoa agrees draft rescue in race to avoid insolvency – Reuters
* Creditors to lend up to 1.8 bln euros under draft plan* Existing creditors would get 35 percent of company*
Homewares retailer Earthborn collapses into liquidation – SmartCompany.com.au
A homewares business that had been operating for just over 20 years has collapsed into liquidation. Earthborn Pty Ltd appointed
Congress must help Puerto Rico by restructuring its debt burden – Miami Herald
Time is growing short for Congress to help Puerto Rico out of the worst debt crisis any state or territory
STX Mumbai is insolvency alone capable of amounting to an anticipatory breach of contract? Maybe, well at least in …...
Background In a recent Singapore Court of Appeal case [1] the claimant supplied bunkers to the defendants ship. The terms
Wednesday news briefing March 9, 2016 – Prague Post
Moving diesel from Germany may require rail repairs; Public procurement bill approved in lower house; Zeman stands by Presidential Office's
Politics is trumping economics in China – Business Spectator
Shanghai Exactly a year ago, Premier Li Keqiang set out the case for difficult industrial overhauls. This is not nail-clipping,
Creditors ‘unlikely’ to be paid back following Kaizuka bar liquidation … – Stuff.co.nz
STACY/SQUIRES/FAIRFAX NZ. Kaizuka Eatery and Garden Bar was issued a full on-licence in March 2014 and operated on the licence
Suddenly, G4S looks a long way from home – The Guardian
This time last year shares in G4S were 300p, surpassing their level of 2012, the calamity year in which the
Richton Park family seeks financial help on ‘Life or Debt’ – Chicago … – Chicago Tribune
Erika Singleton said she moved her family to Richton Park in 2014 to escape gun violence in her Auburn Gresham neighborhood
These Lawmakers Want Your Boss To Help Pay Down Your Student Debt – Huffington Post
The American Dream of college education has turned into a nightmare for many saddled with student debt, but momentum is
Moody’s Changes Probability of Default Rating on Abengoa (ABGB) to ‘Ca-PD/LD’; Outlook Negative – StreetInsider.com
Get an inside look at Wall Street with StreetInsider Premium. Get your 2-week free trial here Moody's Investors Service, (Moody's)
Abengoa Said to Be Reviewing Creditors’ Restructuring Plan – Bloomberg
Abengoa SAs management is reviewing the terms of a debt restructuring presented by creditors in a bid to avoid insolvency,