Deloitte sells restructuring unit before audit reform – Accountancy Daily

Teneo is a portfolio company of funds advised by CVC Capital Partners, who are making an incremental equity investment as part of this transaction. The transaction, which is subject to regulatory approval, further extends the range of market-leading advisory services that Teneo provides to business leaders, their boards, companies and a wide range of institutions…

Details

When companies go bust, the law does little to help suppliers get repaid – here’s a possible solution – The Conversation UK

Insolvency is stalking many UK businesses in the wake of coronavirus and Brexit. This has been particularly visible in retail, with 2021 already seeing stationery chain Paperchase in administration and former high-street leaders Debenhams and Topshop being mopped up by online upstarts Boohoo and Asos. Meanwhile, pubs and restaurants are lobbying hard to be allowed…

Details

When companies go bust, the law does little to help suppliers get repaid – here’s a possible answer – The Conversation UK

Insolvency is stalking many UK businesses in the wake of coronavirus and Brexit. This has been particularly visible in retail, with 2021 already seeing stationery chain Paperchase in administration and former high-street leaders Debenhams and Topshop being mopped up by online upstarts Boohoo and Asos. Meanwhile, pubs and restaurants are lobbying hard to be allowed…

Details

Li Nanxing worked as a Hollywood ‘calefare’ in the 90s to pay off his gambling debts – Mothership.sg

Follow us on Telegram for the latest updates: https://t.me/mothershipsg Guo Liang’s new talkshow, “The Inner Circle”, started airing on Feb. 17, 2021. The actor and host kicked off the first episode with Li Nanxing as guest. While Li has recently gained publicity for his hae bee hiam products, long-time fans would also have heard of…

Details

Corporate insolvency: Making the resolution process better – The Financial Express

Besides, it was found that companies, in general, lack a proper documentation model83% of insolvency professionals opined that companies lacked this for both statutory register and non-statutory register. By Neeti Shikha & Urvashi Shahi Timely resolution proving elusive has become the biggest bottleneck in the corporate insolvency resolution process. Indeed, there is an inordinate delay…

Details

Grant Thornton expands oil and gas restructuring services – Business Wire

HOUSTON–(BUSINESS WIRE)–Grant Thornton LLP is expanding its restructuring-services offerings for oil and gas by hiring Loretta Cross and John Baumgartner. Based in Houston, Cross and Baumgartner join as managing directors who will be part of the firms Strategy and Transactions practice. Loretta and John possess tremendous restructuring experience with deep roots in the oil and…

Details

Veterans to see continued debt relief options during pandemic – VAntage Point – VAntage Point Blog

Veterans facing economic hardship during the COVID-19 pandemic will soon see extended debt relief options from VA. By extending debt relief through Sept. 30, VA reaffirms its commitment to helping Veterans getting through these hard times. VA willcontinue suspensionof collection on all Veteran benefit overpayments and medical copayment debts incurred after April 1, 2020. VA…

Details