SKSi Scotland has hired four senior insolvency staff in Scotland as it prepares for an insolvency Armageddon following the end of two key government Covid-19 support schemes. Alistair Dickson, director and head of Scotland at the accountancy firm, is growing his team ahead of the the Furlough Scheme and the Corporate Insolvency and Governance Act…
DetailsNEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Tuesday adjourned till September 20 the hearing on a batch of petitions challenging the approval for the takeover of bankrupt-Videocon Industries by Anil Agarwal’s Twin Star Technologies.Through an interim order on July 19, the appellate tribunal had stayed the implementation of the resolution plan for…
DetailsThe Insolvency and Bankruptcy Code (IBC), which has now turned five, has helped rescue as many as 396 companies till June 30 this year this is from the 4,541 corporate insolvency cases that had commenced between December 1, 2016, and June 30, 2021, official data showed. A positive surprise Rescue essentially means the resolution plans…
DetailsLAS VEGAS, NV / ACCESSWIRE / September 7, 2021 / Alkame Holdings, Inc. (OTC PINK:ALKM), is pleased to announce that management continues the strengthening of its balance sheet with the execution of a debt restructuring agreement with Blue Citi LLC. The Company’s strategic debt restructuring with Blue Citi LLC, has resulted in an agreement to…
DetailsPwC has added to Business Restructuring Services (BRS) team with the appointment of Rob Asplin as a senior adviser. Asplin brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. Previously he has been a partner in a special situations Fund; a Portfolio Chief…
DetailsIn our How I Manage My Money series we aim to find out how people in the UK are spending, saving and investing money to meet their costs and achieve their goals. This week we meet Akid Zolkifli, 31, a management consultant based in Greenwich who cleared his debts during the pandemic. Income: Management consultant:…
DetailsPhilippine Airlines (PAL) has said there is no certainty its business restructuring process will end by 2021, noting that a variety of factors will affect the timeline. The carrier was responding to a news report by the Manila Bulletin, which cites PAL president and chief operating officer Gilbert Santa Maria as saying that the embattled…
Detailsshare this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Tue, September 7, 2021 An extension to the loan-restructuring program for another year is expected to give banks and borrowers more breathing space, as fresh mobility restrictions (PPKM) dim Indonesias business recovery outlook. The Financial Services Authority (OJK) announced on Sept.…
DetailsPwC has added to Business Restructuring Services (BRS) team with the appointment of Rob Asplin as a senior adviser. Asplin brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. Previously he has been a partner in a special situations Fund; a Portfolio Chief…
DetailsNew debt advice guide launched to support Scots in financial difficulty Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook “f” mark.…
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