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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High provisioning: No pain, no gain – Economic Times (blog)
The RBI has reportedly asked banks to make steep increases in the provisioning for bad loans that are referred to
Why Italy’s €17bn bank rescue deal is making waves across Europe – Financial Times
The rules seemed clear. After anger at how EU taxpayers had to meet the cost of bank rescues during the
CAs, bankers in a rush to pass insolvency exam – Business Standard
With the Reserve Bank of India (RBI) asking banks to take defaulters through the insolvency process, the role of
Moody’s upgrade sends Greek bonds to strongest level since crisis – Financial Times
Greece might have a long way to go to recover from its devastating crisis, but things are finally starting to
Ten Network was a prime candidate for new safe harbour laws – The Australian Financial Review
As Ten Network struggles through a drawn out insolvency process, there are many industry experts talking about the value that
The man with a $5m gambling debt ‘behind Pisasale’s $50000 bag of cash’ – Brisbane Times
Police swoop on a luxury Sydney apartment building, ending the 11-month flight of a problem gambler said to be linked
New rules facilitating cross-border insolvency proceedings enters into force today – EU News
The new rules aim at facilitating debt recovery in cross-border insolvency proceedings. They will make it easier for businesses to
£407m debtor Kevin Maxwell faces bankruptcy for a SECOND time: Businessman due in court today, reveals … – Daily Mail
By Sebastian Shakespeare for the Daily Mail Published: 10:57 +10:00, 26 June 2017 | Updated: 11:20 +10:00, 26 June 2017
Auctionata’s Remaining Inventory Hits the Block in Germany as Once-Prominent Startup Winds Down For Good – artnet News
A large potion of Auctionatas holdings is going under the hammer in Berlin and Cologne this week, marking perhaps the
Bad loans: Banks face potential Rs 50000 cr hit over RBI’s new provisioning norms – India TV
Photo: PTI Bankers are worried over RBI's new diktat seeking higher bad loan provisioning In what has come as a
Macy’s and department stores fight for survival against the internet – The Australian Financial Review
by Ashley Armstrong On San Francisco's historic Union Square, the Macy's building has stood proudly for decades. It covers an
Big jump in SA consumers looking for debt relief – BusinessTech
Debt counselling company, Debt Rescue, says it has experienced a substantial increase in financially distressed consumers applying for debt review