Liz Allen, novelist and former journalist, goes bankrupt with 3.7m debts – The Times

Colin Coyle Allen working at home during her time as a crime reporterLEON FARRELL/PHOTOCALL IRELAND Liz Allen, a novelist and former journalist, has been declared bankrupt with debts of 3.7m after the High Court accepted she had no realistic prospect of repaying creditors. Allen, who became the Sunday Independent crime correspondent following the murder of…

Boutique PJ Solomon doubling down on M&A hires as it considers opening new U.S. office – eFinancialCareers

Boutique investment bank PJ Solomon is starting to push the boundaries of the word boutique, at least in terms of its size. The private U.S. advisory firm has been rapidly adding headcount after entering an agreement with Natixis in 2016 that made the French investment bank a majority owner. Nearly three years after inking the…

Building company Martin Building Services has gone into liquidation – The Maitland Mercury

Martin Building Services, liquidation ONE of the Hunters best-known homegrownbuilders, Martin Building Services, has foldedwith debts of almost $10 million. The company, which began in Maitland almost 20 years ago, was placed in the hands of insolvency expertsin December at the request of director and owner Denis Martin. James Shaw, a partner of Shaw Gidley…

US companies turning to term loans for acquisition debt – Reuters

NEW YORK, Jan 25 (LPC) – US high-grade companies, including Bristol-Myers Squibb, are boosting the loan element of multibillion dollar acquisition financings in a move that could stretch some banks balance sheets. Loans are currently cheaper than bonds, which is prompting companies to increase Term Loan A paper and potentially postpone tapping volatile and expensive…