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Daily Archives: November 25, 2020

Treasury ‘cash grab’ could increase North East business insolvencies, warns R3 regional chair – Bdaily

BankruptcyBy Insolvency GuardianNovember 25, 2020

Member Article A new law that comes into force on 1 December which will move HM Revenue & Customs higher up the creditor ladder could push more struggling North East businesses into insolvency. Thats the warning from Alexandra Withers, regional chair of insolvency and restructuring trade body R3, in advance of the new Crown Preference…

Co-owner of Internet retailer Ulmart declared bankrupt – RAPSI

BankruptcyBy Insolvency GuardianNovember 25, 2020

10:56 25/11/2020 MOSCOW, November 25 (RAPSI) The Commercial Court of St. Petersburg and Leningrad Region has declared a co-owner of Russian Internet retailer Ulmart Dmitry Kostygin bankrupt, according to court records. The court has also initiated a debt restructuring procedure in relation to the businessman. VTB bank filed a petition for insolvency of Kostygin over…

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