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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COVID-19 debt relief measures to change this week – The Adviser – The Adviser
Temporary changes to debt relief and bankruptcies brought into being in March will cease on Friday, with the bankruptcy threshold
Insolvency firm launches new Asia desk – AccountantsDaily
A national insolvency firm has announced the launch of its dedicated Asia desk, designed to provide Australian-Asian businesses with specialised
Crown tightens money transfer rules as licence review looms – Sydney Morning Herald
The inquiry heard that the ANZ and Commonwealth banks had shut down some accounts after Crown patrons used them to
Builder’s collapse leaves apartment owners fearing alleged $30m defects bill – Sydney Morning Herald
Administrators documents name it as a related entity to Icon Co (NSW) Pty Ltd, the company that built Sydneys cracked
Ex-head of troubled Russian refinery denied vacation of bankruptcy ruling – RAPSI
12:16 28/12/2020 MOSCOW, December 28 (RAPSI) The Supreme Court of Russia has refused to overturn a ruling declaring board chairman
Ssangyong Australia says business as usual despite bankruptcy filing in South Korea – CarAdvice
The latest effort to revive the struggling South Korean car maker has failed, and it is now seeking new investors.
Permit Voluntary Liquidation under IBC – Economic Times
The governments move to extend the suspension of fresh insolvency proceedings till the end of this fiscal might appear to
Greek-Australian business enters administration after amassing over $5 million debt – Greek Herald
White Marquee Event Hires parent company has been placed in voluntary administration, with debts estimated at $5.7 million, but there
Pakistan needs long-term debt relief as it pays $10.4b in debt servicing – The Nation
LAHORE - The business community Saturday applauded the government for securing debt relief of $1.7 billion for another six months
The Four Types of Debt You Should Never Take On if You Can Help It – Yahoo Finance
Debt can be a slippery slope. Some types (like mortgages) are healthy and improve your ability to do and buy
‘Zombie company’ protections end 1 January – Savings.com.au
Temporary debt protections put in place in March will be wound back on 1 January, but a permanent increase in
Nottingham Tramlink contractor swindled almost £60k in season ticket funds to pay gambling debts – Nottinghamshire Live
A former British Army worker and external contractor for Nottingham Tramlink swindled almost 60,000 after his gambling debt "spiralled out