Restructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…
DetailsRestructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…
DetailsBiden administration officials have publicly offered few details about how they intend to structure the new program. | Alex Wong/Getty Images The Biden administrations second attempt at canceling large swaths of student debt will be aimed at helping borrowers who need it the most, according to a top Education Department official. James Kvaal, the undersecretary…
DetailsRestructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…
DetailsDutch e-bike manufacturer VanMoof has been declared bankrupt in the Netherlands. The company had entered into a so-called suspension of payment proceeding with court-assigned administrators just last week to avoid bankruptcy proceedings while pursuing options to reduce debt, including a sale. The company has posted a support document outlining the current situation for both customers and suppliers/creditors.…
DetailsIts harder to withstand a disaster when your government spends more on paying down debt than on social services. UN figures released last week add more detail to the contours of a global debt crisis that is drawing increasing attention from humanitarians. Meanwhile, rising debt is one of many issues on the agenda as Group…
DetailsRestructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…
DetailsT he number of UK firms entering insolvency jumped last month as businesses came under pressure from higher borrowing costs and waning consumer demand. Official figures from the Insolvency Service revealed that 2,163 insolvencies took place in June. It said this represented a 27% jump against the same month last year and put the UK…
DetailsSTORY CONTINUES BELOW THESE SALTWIRE VIDEOS SaltWire’s Atlantic regional weather forecast for July 18, 2023 | SaltWire Watch on YouTube: “SaltWire’s Atlantic regional weather forecast for July 18, 2023 | SaltWire” LONDON (Reuters) – England and Wales are on track for the highest quarterly number of company insolvencies since early 2009, as businesses struggle to…
DetailsRestructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…
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