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Articles for Insolvencies, search results for insolvency

Company failures rise with more businesses in ‘perilous’ position
3 weeks ago

Company failures rise with more businesses in ‘perilous’ position

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of UK companies …

Month Number Insolvencies
Mint Explainer: The Cape Town connection to the Jet Airways, Go First insolvencies
1 month, 4 weeks ago

Mint Explainer: The Cape Town connection to the Jet Airways, Go First insolvencies

Live Mint  

The failure to revive two prominent Indian airlines—Jet Airways and Go First—has triggered a debate on the limitations of India’s Insolvency and Bankruptcy Code, particularly in addressing airline insolvencies. As it was with Jet Airways, Go First’s resolution process was marred by mismanagement, with lessors even filing contempt proceedings against the airline’s resolution professional, Shaildnea Ajmera, for allegedly damaging the …

India Insolvency Aircraft Resolution Indian Operational Airline
Company insolvencies dip in August but still reflect ‘challenging environment’
3 months, 2 weeks ago

Company insolvencies dip in August but still reflect ‘challenging environment’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Jennifer Lockhart, partner at law firm Brabners, said: “Fewer …

England Companies
Bankruptcies in Germany rise sharply
6 months, 3 weeks ago

Bankruptcies in Germany rise sharply

China Daily  

People visit a shopping mall in Berlin, Germany, on Feb 1, 2023. Germany has experienced an increase in corporate bankruptcies as 5,209 companies filed for insolvency in the first quarter, according to the Federal Statistical Office, Destatis. The first three months of this year saw a 26.5-percent increase in bankruptcies compared to the same period last year and an 11.2-percent …

Germany Ing Destatis Increase Compared
UK company insolvencies spike in February as firms remain under pressure
9 months, 3 weeks ago

UK company insolvencies spike in February as firms remain under pressure

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy More than 2,000 UK firms …

Company Insolvencies Firms Remain
25% jump in people needing breathing space from debts last year
11 months, 1 week ago

25% jump in people needing breathing space from debts last year

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Across England …

England Wales Space Money Service 2023 Breathing
More big companies set to collapse in 2024, industry experts warn
1 year ago

More big companies set to collapse in 2024, industry experts warn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy More big firms are likely …

Industry Experts Hornby
Begbies Traynor boosts staff levels as it warns of growing insolvencies
1 year ago

Begbies Traynor boosts staff levels as it warns of growing insolvencies

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A rise in the number …

Insolvency Increase Traynor Boosts Begbies
Regulator must clarify due clearance order in insolvencies
1 year, 2 months ago

Regulator must clarify due clearance order in insolvencies

New Indian Express  

The Supreme Court’s judgement in the Rainbow Papers case upsets the insolvency applecart in India. The court has rejected requests for a review of its earlier order passed in September 2022, where it said that government dues must get higher priority when distributing the proceeds of an insolvent and liquidated company. The order goes against the grain of insolvency law …

Metricon meets with Victorian government amid insolvency rumours
2 years, 7 months ago

Metricon meets with Victorian government amid insolvency rumours

ABC  

Australia's largest home builder, Metricon, has been forced to deny reports it is in financial difficulty after the unexpected death of its founder just days ago. Key points: Metricon employs 2,500 staff and is currently building around 4,000 homes The company has been hit by rising costs but strongly denies it is on the brink of collapse Metricon met with …

Construction Industry Victorian Victorian Government Metricon
Tens of thousands of businesses could collapse by mid next year as JobKeeper scheme ends, experts say
4 years, 3 months ago

Tens of thousands of businesses could collapse by mid next year as JobKeeper scheme ends, experts say

ABC  

Tens of thousands of businesses could collapse by mid next year as changes to insolvency laws kick in and economic stimulus measures such as JobKeeper come to an end, insolvency experts say. Key points: The proposed changes to insolvency laws could help identify companies that should have never survived but have because of COVID-19 stimulus support There are still fears …

Business Winter Insolvency Companies Small Businesses Restructuring Covid