After being declared bankrupt, Amsterdam’s StoreShippers shuts shop: Know more 

Pieter Paul van den Hoven, the founder of Amsterdam-based StoreShippers, a provider of last-mile e-commerce delivery services, recently announced the decision to shut the operation through a LinkedIn post.  “As I close this chapter, I’m still excited about e-commerce, logistics, and the value of technology in this space. I’m currently exploring new opportunities and would…

EY comments on March 2024 Insolvency Service data

Simon Edel, UK Turnaround and Restructuring Strategy Partner at EY-Parthenon: “The number of registered company insolvencies fell 17% year-on-year in March, however the number of company insolvencies remains higher than those seen during the pandemic and between 2014 and 2019.  “Beyond the official data, we’re seeing an increase in activity across the restructuring spectrum, including…

Insolvency a possibility for veteran liquidator

Cascap Advisory’s Brian Silvia. When you profess expertise in cost control, cashflow management and the sundry other indicia of insolvency, acquired during a career spanning decades, receiving a winding up notice must come as a surprise. When that notice is filed in a court by lawyers acting on behalf of the Australian Taxation Office (ATO),…