Ex-Real Madrid and Everton flop Royston Drenthe declared bankrupt at 33 after losing £3.2million fortune – The Sun

FORMER Everton star and Holland international Royston Drenthe has been declared bankrupt. The 33-year-old is currently plying his trade in the Dutch Division Two with Kozak Boys, but has some problems off the pitch. 3 Royston Drenthe has been declared bankrupt by a Dutch courtCredit: Getty – Contributor As reported by Dutch news-site AD, a…

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Business as usual for Black & White Cabs after P2P Transport goes into voluntary administration – Mirage News

Articulous Business as usual for Black & White Cabs after P2P Transport goes into voluntary administration Black & White Cabs former owner and taxi industry veteran Greg Webb has announced he is leading a group of investors who will recapitalise and then acquire the cab company after its holding company, P2P Transport Limited entered into…

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Signex into voluntary admin to restructure after $1m Covid hit – Wide Format Online

Melbourne events signage company Signex Group and its wide format print business Prologica Digital Print have entered voluntary administration and called a first meeting of creditors for next week. Signex co-owner Doug Pieper is looking to restructure the business and hopes to be out of the administration process before Christmas. (photo: Signex Group) “We’ve done…

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View: An urgent need for a cross-border insolvency framework – Economic Times

Covid-19 may create stress on External Commercial Borrowings (ECB) and guarantees issued for overseas borrowings of Indian corporates. The consequences will not only be bitter for the corporates but also for the larger fraternity of creditors in India, in case a cross border insolvency framework is not implemented at the earliest. In 1996, a prominent…

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Capital Restructuring Services Market Analysis by Type, Organization Size, Industry Vertical, and Region 20202027 – The Courier

Capital restructuring services have been one of the important financial solution-based services in the last few decades and have seen stable growth in recent years. Restructuring services are used to address issues associated with insolvency, mergers, de-mergers, bankruptcies, liquidations, and distressed sales. These services are mainly focused to optimize business costs, repositioning & regaining control…

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DHFL lenders file personal insolvency case against Wadhawans – Mint

Mumbai: Lenders to Dewan Housing Finance Corp Ltd have moved the Mumbai bench of National Company Law Tribunal (NCLT) to initiate personal insolvency proceedings against the erstwhile promoters Kapil and Dheeraj Wadhwan, according to a person aware of the matter. DHFL owes 87,031 crore from financial creditors, including 39,000 crore from banks. “We will contact…

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