Stressed assets: Liquidation, sale on piecemeal basis not the right strategy – The Hindu BusinessLine

The liquidation of a company and sale of stressed assets on a piecemeal manner may not be the best way as valuations could further dip and may be detrimental to the interest of various stakeholders as also lenders. The Insolvency and Bankruptcy Code, seeking to facilitate resolution plans guided by the National Company Law Tribunals,…

BDO appoints new business restructuring partner – Private Equity Wire (press release) (blog)

Accountancy and business advisory firm BDO has strengthened its business restructuring offering in the Midlands with the appointment of a new partner. Ryan Grant joins the firms Birmingham office today, bringing more than 18 years experience in business restructuring having been a partner at AlixPartners (formerly Zolfo Cooper) for the last eight years. He has worked…

‘Scared and furious’: Woman shocked to discover she has $36000 education debt – The Sydney Morning Herald

Created by the Coalition and expanded by Labor, the scheme granted private colleges virtually unregulated access to government subsidies for virtually every student they enrolled. This created a perverse incentive for some colleges to enrol as many people as they could, sometimes luring them with laptops and other incentives to sign up to often substandard…