PRESS RELEASE: Law firm Johnson Winter Slattery launches Insolvency & Restructuring Case Summaries publication … – Get the Word Out

Bankruptcy

Leading independent Australian law firm Johnson Winter Slattery (JWS) has launched the next edition of its comprehensive Insolvency & Restructuring Case Summaries publication, providing commentary on the most high-profile and precedent-setting cases in the insolvency and restructuring space. With more than 45 case summaries highlighting the key takeaways and the practical implications for insolvency practitioners,…

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Rise in 'deeply concerning' complaints about banks not helping people in financial hardship – ABC News

Debt Help

In short: Complaints about how banks handle financial distress rose 25 per cent last year, the Australian Financial Complaints Authority (AFCA) said. More than half of the complaints were about a lender’s failure to respond to a request for help a breach of national codes. What’s next? The Australian Securities and Investments Commission (ASIC) is conducting a…

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Cross-border insolvency in Hong Kong: Common law limitations and how the Model Law could drive foreign … – Norton Rose Fulbright

Liquidation

Synopsis For countries that have adopted, and implemented in local legislation, the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency (Model Law), there is a streamlined process which enables a liquidator, or other insolvency administrator, of a company in a foreign jurisdiction to apply to the court in the Model…

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Second Chance Policy allows nearly 40,000 bankrupt individuals to start afresh – theSun

Bankruptcy

PUTRAJAYA: Nearly 40,000 bankrupt individuals have been granted relief through the Second Chance Policy initiative as of February, says Malaysian Insolvency Department (MdI) director-general M. Bakri Abd Majid. He said the policy aimed to provide relief to up to 130,000 individuals declared bankrupt within a year of the enforcement of the Insolvency (Amendment) Act 2023…

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Embracing change: A timely root and branch review of the effectiveness of Australia's restructuring and insolvency laws – Norton Rose Fulbright

Liquidation

1 Further comprehensive and independent review The Committee recommends that the government commission a comprehensive and independent review of Australia’s insolvency law, encompassing both corporate and personal insolvency, as soon as practicable, and progress several other near-term actions as identified in the executive summary. 2 Further consideration of appropriate principles and objectives of insolvency law…

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Insolvency petition admitted against BRTS contractor – The Times of India

Liquidation

Ahmedabad: The National Company Law Tribunal (NCLT) on Monday admitted a corporate insolvency resolution process (CIRP) against a Bus Rapid Transport Service (BRTS) contractor, Khurana Engineering Limited, while acting on a petition filed by Power and Instrumentation (Gujarat) limited under the Insolvency and Bankruptcy Code, 2016.Power and Instrumentation (Gujarat), a company located near Iskcon crossroads…

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Governor Josh Shapiro – pa.gov

Debt Help

April 02, 2024 Latest News,  Press Release The Governors proposed 2024-25 budget proposes a $4 million investment to erase nearly $400 million of medical debt for low-income Pennsylvanians. Approximately 1 million Pennsylvanians carry some kind of medical debt and it disproportionately impacts rural counties like Mifflin County. Yeagertown, PA Today, Governor Josh Shapiro joined Representative…

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