BDO USA Adds Worthy to Business Restructuring and Turnaround Services Practice – News – ABL Advisor

BDO USA announced that Brent Worthy recently joined the firms Business Restructuring and Turnaround Services practice, with a primary focus on covering the Southwest regional markets. Worthy, a seasoned leader in the management consulting space, has more than 15 years of experience creating and preserving value for organizations through corporate restructuring, M&A strategy and execution,…

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FRIA remedies for insolvent Filipinos The Manila Times – The Manila Times

Covid-19 has caused financial injury and distress to many Filipinos. By early 2021, after the grace periods for loans and other forms of financial assistance granted under Bayanihan 2 will have been exhausted, many more Filipinos will experience the stress and burden of their creditors demanding repayment. Unless a Bayanihan 3 or other legislative relief…

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Serbia offers for sale insolvent engineering company Projmetal – SeeNews

BELGRADE (Serbia), December 9(SeeNews) -Serbia’s Bankruptcy Supervision Agencysaid it offering for saleinsolventengineering and construction company Projmetal at an auction on January 20, the agency has said. The startingpricein the auction is set at 411.3 million dinars($4.2 million/3.5 million euro), the Bankruptcy Supervision Agency said in a notice. A deposit of 164.5 million dinarswhich should be…

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Grocon’s Daniel Grollo ‘Very Sorry’ for Creditor Shortfall – The Urban Developer

Grocon boss Daniel Grollo has apologised to unsecured creditors for the companys deepening financial issues due to its long-standing legal battle involving the NSW government and James Packers Crown Resorts. At first meeting of creditors, the companys backers caught up in its $1 billion collapse heard they will likely get very little back if the…

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Travel company EWT collapses, owing millions to high school students and their families – SmartCompany.com.au

A travel company that organised overseas school trips has collapsed into liquidation, owing more than $2 million to hundreds of high school students. David Coyne from BRI Ferrier was appointed as liquidator of Educational World Travel (EWT) on November 30. The business has been operating overseas trips for school students, including its GDay USA program,…

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