Jones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…
DetailsJones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…
Details13 November 2023 E&OE TRANSCRIPT SUBJECTS: Robodebt Royal Commission report into failures to support vulnerable Australians KATE THWAITES, MEMBER FOR JAGAJAGA: Thank you, Mr. Speaker. My question is to the Minister for Government Services. How is the Albanese Labor government formally responding to the Royal Commission into the Robodebt scheme? And how does this compare with…
DetailsMcGill and Partners launches new corporate insolvency solution | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using your browser. Our cookie policy Professional Risks McGill and Partners launches new corporate insolvency solution It is designed to be incorporated into…
DetailsThe number of businesses declared bankrupt decreased slightly in October compared to the previous month, but business bankruptcies are still rising on an annual basis, according to Statistics Netherlands (CBS). Some 292 companies, institutions and sole proprietorships were declared bankrupt last month, a third more than in October 2022, once the data was corrected to…
DetailsBy Olivia Day For Daily Mail Australia Published: 15:30 AEDT, 13 November 2023 | Updated: 16:11 AEDT, 13 November 2023 A construction company specialising in bespoke aluminium doors and windows has collapsed, owing almost $900,000 to creditors. Black Sand Windows Pty Ltd, based … Read the full article at: https://www.dailymail.co.uk/news/article-12740987/Black-Sand-Windows-Pty-Construction-company-suddenly-collapses-liquidation-owing-900k-Customers-complain-unfinished-work.html
DetailsThe Supreme Court on Thursday allowed banks to launch insolvency proceedings under the Insolvency and Bankruptcy Code or IBC against those who had furnished personal guarantees for loans taken by companies that have defaulted. This ruling, a blow to many promoters, is significant more so because it again signals a shift in favour of Indian…
DetailsKoreasenergyandtelecomconglomerateSKGroup SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business to launch an independent oil storage and logistics company. SK Energy, Koreas largest oil refiner, said on Monday it approved the spin-off plan at a board meeting held…
DetailsJindal (India), which is part of the BC Jindal Group, has emerged as the sole bidder for Kishore Biyani’s Future Enterprises Limited (FEL). According to a report in Economic Times, Kolkata-based steel tubes and pipes maker Jindal’s plan was the only one that was submitted to the creditors till last week. November 10 was the…
DetailsJohnson & Johnson (J&J) subsidiary DePuy Spine, part of DePuy Synthes, recently announced that it will be laying off 67 employees from its facility in Monument, CO, according to an Oct. 30 WARN Act filing. The cuts come as J&J continues its two-year orthopedic business restructuring in a bid to improve its profitability. DePuy Spine…
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