Global law firm White & Case is establishing a restructuring and insolvency practice in Australia with the addition of two partners, Timothy Sackar and Jillian McAleese, from Australian firm Clayton Utz. The firm is the latest of several to bolster its insolvency practice in anticipation of rising corporate failures in Australia. Read the full article…
DetailsA plumber has revealed the drastic actions he and his colleagues had to take to get paid as their employer teetered on the brink of collapse. At the end of last month, news.com.au exclusively revealed that Victorias largest privately-owned plumbing contractor Richstone Group Pty Ltd had collapsed into liquidation. All 150 of its employees lost…
DetailsSome businesses across the nation may need to close. One in four personal insolvencies recorded in June were business-related, according to provisional government data, as officials and bankruptcy professionals alike prepare for insolvencies to rise over the next year. The Australian Financial Security Authority (AFSA) released its latest data snapshot on Monday, detailing how personal…
DetailsGlobal law firm White & Case is establishing a restructuring and insolvency practice in Australia with the addition of two partners, Timothy Sackar and Jillian McAleese, from Australian firm Clayton Utz. The firm is the latest of several to bolster its insolvency practice in anticipation of rising corporate failures in Australia. Read the full article…
DetailsGlobal law firm White & Case is establishing a restructuring and insolvency practice in Australia with the addition of two partners, Timothy Sackar and Jillian McAleese, from Australian firm Clayton Utz. The firm is the latest of several to bolster its insolvency practice in anticipation of rising corporate failures in Australia. Read the full article…
DetailsA handful of employees at a major limo service have been left reeling by the companys collapse, which has left them $4.14 million out of pocket. News.com.au can reveal that on July 13, Brunel Chauffeur Drive and Limousines Pty Ltd went into liquidation. Michael Hogan and Christian Sprowles of insolvency firm HoganSprowles have been appointed…
DetailsSports gambling has always been a cultural staple across the globe. It has been romanticized and hyperbolized in Las Vegas and other parts of the world for decades. Recently, though, the uptick in sports betting legalization throughout the United States has given the industry another, high-volume consumer market to crack. The result has been ultra-extensive…
DetailsGlobal South Countries Need a New Legal Framework for Debt Relief By Ramya Vijaya Pooja Rangaprasad Global South countries currently seek debt relief at forums like the IMF and G20, where wealthy nations interests dominate the conversation. Low-income economies need a forum where they can collaborate to solve urgent problems rather than begging for relief.…
DetailsNAIROBI, July 31, 2023 Somalia’s efforts toward building strong institutions received a boost with a new $75 million grant, the second in a series of two grants that is helping the country make progress on its path to qualify for full and irrevocable debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative. In a…
DetailsGlobal law firm White & Case is establishing a restructuring and insolvency practice in Australia with the addition of two partners, Timothy Sackar and Jillian McAleese, from Australian firm Clayton Utz. The firm is the latest of several to bolster its insolvency practice in anticipation of rising corporate failures in Australia. Read the full article…
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