Marc joins Price Bailey with experience working for a top 10 UK accountancy firm, having accumulated nearly 30 years working within Insolvency overall. His breadth of experience covers all aspects of corporate and personal insolvency across various industries including Construction and Healthcare, amongst others. Having worked across East Anglia and London for the past 15 years,…
It has long been a prestigious New York shop without ever quite gaining critical mass in London, but Milbank Tweed Hadley & McCloy looks to be widening its ambitions after securing a four-partner restructuring team from Cadwalader Wickersham & Taft. The move greatly expands Milbanks City finance team, and includes Cadwaladers global financial restructuring…
Video PlayerClose VIENNA, Jan. 18 (Xinhua) — The number of new company start-ups in Austria has reached a 10-year high in 2017 numbering 29,878 in total, the Austrian Economic Chamber (WKO) revealed on Thursday. The figure equates to about 115 start-up companies launched each work day, two more than that in 2016. The new companies…
The pension trustee who oversaw negotiations with Sir Philip Green over BHS’s retirement scheme deficit was parachuted in to advise on the crisis at Carillion days before the construction group collapsed. Sky News has learnt that Independent Trustee Services (ITS), which is run by Chris Martin, was appointed earlier this month to help safeguard the…
The travel dreams of dozens of Australians have been left in tatters after the collapse of a retro camper-maker, which owes $3.5 million to investors and customers around the world. Key points: Gidget Retro Teardrop Campers went into voluntary administration last week A total of 80 customers across Australia and America have lost $1.5…
In 2016, I had a medical emergency that landed me in the hospital for days. It was scary and stressful, but the worst part wasnt being ill it was the medical bills that started pouring in afterward. Out of money, I ended up paying my medical bills with credit cards, racking up approximately $20,000 in…
Harrogate residents owe nearly £5,000 more in debt than the national average, after a recent survey found personal debt soared by two thirds in the last three months. The average level of personal debt held by people in Harrogate has increased by 59 per cent in the three months leading up to Christmas, according to…
BY MELISHA YAFOI Thousands of Police and State Savings and Loan Society Limited members have been left high and dry after the society was declared insolvent by the Bank of Papua New Guinea. The society has been declared insolvent since May 2017 following a notice by the Central Bank of PNG advising members, service providers…
CAPE TOWN – How the downgrade of South African credit ratings will affect individual investors depends very much on their personal circumstances. Nevertheless, we can make some broad generalisations, and you can decide whether they apply to you. Credit ratings can have implications for all South Africans insofar as they affect the rand exchange rate and…
Clujana, one of the oldest shoe factories in Romania, went into insolvency, according to a decision of the Cluj Specialized Court, cited by local Mediafax. The company has difficulties in repaying over RON 13 million (EUR 2.8 million) worth of historical debts to the tax authority ANAF, which was accumulated during 2013-2014. However, the factory…