Gambler with fake gun raided £15,000 from Barclays bank to repay mum’s funeral debt – Teesside Live

A gambling addict’s luck ran out after he stole 15,000 from a Teesside bank. Gavin Wilson admitted robbing the large sum of money from the Barclays branch on York Road, in Hartlepool, on June 12. The 42-year-old brandished an imitation gun during the frightening incident. Wilson, of Pinero Grove, Rift House, Hartlepool, appeared at Teesside…

Napthens: Blackburn law firm appoints business recovery specialist amid ongoing expansion – Lancashire Telegraph

ONE of East Lancashires leading insolvency law firms has appointed a new specialist to its business recovery team as part of a planned expansion. Matthew Martin will be joining Blackburn firm Napthens after completing his training contract in Cheshire and developing specialist skills and knowledge in insolvency law. Mr Martin, a University of Sheffield graduate,…

We’re facing an insolvency tsunami. With luck, these changes will avert the worst of it – unsw.edu.au

Ahead of the budget, the government has announced new rules that will allow small businesses at risk of collapse to continue to work out their problems instead of appointing an administrator. They are needed because of an avalanche of insolvencies awaiting the end of an effective moratorium on bankruptcies (a so-called regulatory shield) that expires…

Small business to benefit from US-style bankruptcy rules – The Australian Financial Review

The new measures will apply to incorporated small businesses with liabilities of up to $1 million. Almost all such businesses have 20 or fewer employees and constitute three-quarters of all businesses facing bankruptcy in the current crisis. Under the policy, a small business operator facing financial distress can seek advice from an insolvency practitioner on…