Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Feeling overwhelmed by credit card bills, student loan payments or other debts? Seeking out debt relief can help you get your financial obligations under control. Debt relief can take…
DetailsAn Analysis Of The Supreme Court Verdict On Insolvency And Bankruptcy Of Personal Guarantors Of A Corporate Debtor Top Begin typing your search above and press return to search. Read the full article at: https://www.livelaw.in/columns/supreme-court-insolvency-and-bankruptcy-2016-174760
DetailsInstead, the Building and Construction Industry (Security of Payment) Bill 2021 is likely to increase legal uncertainty in the construction sector, spur an increase in contractor claims and add to the administrative burdens associated with major projects. Why are reforms proposed? The Western Australian (WA) government plans to introduce new security of payment regime in…
DetailsLenders To Initiate Insolvency Proceedings Against Personal Guarantors Top Begin typing your search above and press return to search. Read the full article at: https://www.livelaw.in/law-firms/articles/lenders-insolvency-proceedings-personal-guarantors-174833
DetailsTaxpayers face a legal bill for at least 8m as a result of the official receivers disastrous attempt to ban the Kids Company founder Camila Batmanghelidjh and seven fellow charity trustees from holding senior jobs, it has emerged. The bill follows a three-and-a-half-year legal case, in which a court threw out claims by the official…
DetailsProperty scion Daniel Grollo has avoided the humiliation of his collapsed Grocon construction empire being liquidated after the tax office and creditors of 88 failed companies voted to accept an arrangement that will see small creditors and employees paid out. Creditors met on Thursday to vote on Mr Grollos proposal for an amended Deed of…
DetailsThe number of insolvencies for the year ending June is expected to drop by 40 per cent both here and in Australia. Photo / Getty Images When the Covid-19 lockdown occurred in March of last year, insolvency practitioners braced themselves for a wave of receiverships and liquidations. It didn’t happen. In fact, the number of…
DetailsContributor: Matt Weston, Managing Director – Robert Half UK | Published: 27 May 2021 Matt Weston, Managing Director – Robert Half UK 26 May 2021 85 per cent of UK businesses have restructured in the wake of Januarys Brexit deal, and the majority believe leaving the EU has negatively impacted operations, according to a new…
DetailsAfter more than a year of navigating lockdowns, mandates and COVID-19 protocols, small-business owners are starting to see a light at the end of the tunnel. But the debt many needed to take on to weather the pandemic still casts an ominous shadow. In 2020, 79% of small employer firms (up to 499 employees) reported…
DetailsCompany insolvency statistics continue to defy gravity but an increase in IVAs shows that personal finances are beginning to take a hit as the impact of the pandemic starts to hit. Insolvency figures released last week by the Governments Insolvency Service show a 23% drop in corporate insolvencies compared to April last year, and a…
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