Rodney Clark and Gordon Smith collapse into voluntary administration – SmartCompany.com.au

The parent company of retail brands Rodney Clark and Gordon Smith has collapsed into voluntary administration, however, the brands are reportedly continuing to operate under a license agreement. Gordon Smith Marketing was founded in 1992 and its womens clothing brands include Gordon Smith, Amoire, Hammock & Vine, Nouvelle Woman, Kiki & Lulu and Basic. The…

Insolvency profession facing seismic shift as vital skills come under threat – Herald Scotland

SCOTLANDs accountancy profession is facing a shortage of insolvency practitioners, with more than half set to retire, potentially hampering the future provision of insolvency assistance. Donald McNaught, a restructuring partner at Johnston Carmichael, and chair of the Institute of Chartered Accountants Scotland (ICAS)s insolvency committee said his own calculations indicate that 55 per cent of…

Corporate Affairs Ministry to handle Insolvency Board – Hindu Business Line

Individual insolvency cases will fall under Finance Ministrys purview New Delhi, July 3:   The proposed Insolvency and Bankruptcy Board of India is likely to fall under the purview of Corporate Affairs Ministry. This would end the potential turf war between two Central Ministries Corporate Affairs and Finance. A senior official in Corporate Affairs Ministry told…