Commentary – Company Insolvency Statistics July to September 2022 – GOV.UK

Bankruptcy

Contents0.0.1 Released0.0.2 Next release0.0.3 Media enquiries0.0.4 Statistical enquiries0.0.5 User Engagement Survey1 1. Main messages for England and Wales Released 28 October 2022 Next release 31 January 2023 Media enquiries Steven Fifer +44 (0)30 3003 1568 Statistical enquiries David Webster (responsible statistician) [email protected] User Engagement Survey Official Statistics (smartsurvey.co.uk) Please complete this survey relating to Insolvency…

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Essex property developer banned for falsely claiming Bounce Back Loan – Mirage News

Liquidation

Anthony James Killarney, 62, from Brentwood, has been given an 11-year ban for falsely claiming a 50,000 Bounce Back Loan for his property development firm. Killarney was the sole director of K11 Developments Ltd, which was incorporated in August 2015 and traded as a property development company based in Essex until it went into liquidation…

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Another one bites the dust: FIRM Construction collapses – WAtoday

Liquidation

FIRM Construction has gone into voluntary administration, just days after the State Government stripped the building company of its contract to build a primary school in Wellard. It was also building the new Metronet Bayswater station. The company had three more government contracts for construction projects at Westminster Primary School, Ocean Reef Senior High School…

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Yandex seeks Putin approval for restructuring plan – Financial Times

Restructuring

Yandex, the company often described as Russias Google, is seeking Vladimir Putins blessing to sell its operations in the country, spin off its main international projects and appoint a longtime confidant of the Russian president to manage its relationship with the Kremlin. Three people familiar with these moves said that the internet giant has informally…

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Restructuring helps boost Q3 revenue for advisory-focused i-banks – S&P Global

Restructuring

Quarterly increases in advisory revenue for Houlihan Lokey Inc., PJT Partners Inc. and Lazard Ltd. powered an aggregate gain in the metric among advisory-focused investment banks in the third quarter. The three investment banks, along with Evercore Inc., Moelis & Co. and Perella Weinberg Partners, had their combined third-quarter advisory revenue rise 2.7% quarter over…

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Clough engineering group would have collapsed with $103 million in losses without Webuild sale – The Australian Financial Review

Liquidation

The sale to Webuild was the preferred course of action to address Cloughs working capital needs and avoid Clough being placed into voluntary administration, Murray & Roberts said. The intercompany loan has been written off as part of the sale agreement to Webuild, in which the Italians pay just $500,000 in cash to buy Clough.…

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Russia’s Yandex seeks Putin’s approval for restructuring – FT – Reuters

Restructuring

Nov 24 (Reuters) – Russian internet giant Yandex NV (YNDX.O) is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for…

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