share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Tue, September 7, 2021 An extension to the loan-restructuring program for another year is expected to give banks and borrowers more breathing space, as fresh mobility restrictions (PPKM) dim Indonesias business recovery outlook. The Financial Services Authority (OJK) announced on Sept.…
PwC has added to Business Restructuring Services (BRS) team with the appointment of Rob Asplin as a senior adviser. Asplin brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. Previously he has been a partner in a special situations Fund; a Portfolio Chief…
New debt advice guide launched to support Scots in financial difficulty Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook “f” mark.…
Jane Thornton (54) and Norman Thornton (65), from Telford, were both directors of the construction company Norjan (Properties) Limited, which went into liquidation in July 2020 with liabilities over 411,000. The Liquidator discovered that Norjan had informed its major client to direct payments into a new bank account from January 2020. This account belonged to…
Accountancy firm SKSi is beefing up its ranks in Scotland ahead of a potential insolvency Armageddon following the end of two key government Covid support schemes. Restructuring expert Alistair Dickson, head of SKSi Scotland, has recruited four new insolvency practitioners ahead of changes in legislation that will once again make business liable to liquidation for…
Jet Airways on Saturday said one of its wide-body Boeing 777 aircraft, which was under the custody of the Dutch Administrator due to the insolvency proceedings against the company in the Netherlands, has been sold, and the proceedings will mainly be utilised to close the process. Jet Airways is facing insolvency proceedings in the Netherlands…