The number of people going financially insolvent in England and Wales last year was 14% higher than in 2023, driven by debt relief orders (DROs) jumping to a record high, according to the Insolvency Service. Some 117,947 personal insolvencies were registered in 2024, 14% higher than the 103,434 recorded in 2023. Within the total, there…
Learn more about the corporate insolvency framework if uncertain about your financial future As our Momentum survey reveals, many small businesses are doing it tough. If you are facing financial distress, you should seek professional advice. Seeking advice early could give you access to more pathways to turn your business around, such as by negotiating…
‘The perfect storm’: Breakers for sale after going into liquidation The Post Read the original article here
Make your business immune to supply chain contagion The Scotsman Read the original article here
Our insolvency expertise is called upon by practitioners and creditors in Australia’s largest and highest profile insolvency administrations. We are the only national firm with market-leading insolvency expertise that is free to act against trading banks. This sets us apart to achieve our clients’ commercial objectives. We have instructed on the largest provisional liquidation in…
Its owner at the time had plans for an upper-end drinks operation utilising a pre-existing water resource consent for the taking of water from a bore. The company was placed in liquidation by the High Court last July, and, although the application was lodged by a company owed just $5100, the liquidator said in his…
Bruno Mars Jokes He’ll ‘Be Out of Debt in No Time’ While Sharing 150 Million Streaming Milestone amid Gambling Chatter MSN Read the original article here
Legal Discussions with Vengai Madzima: Liquidation Processes for Businesses in Zimbabwe New Zimbabwe.com Read the original article here
Breadcrumb Trail Links Finance Investor Weiss Multi-Strategy Advisers LLC’s collapse leaves some staff standing to lose more than US$1 million in deferred compensation Author of the article: Bloomberg News Hema Parmar Published May 22, 2024 • Last updated May 22, 2024 • 7 minute read You can save this article by registering for free here.…
When one of China’s once-popular electric vehicle startups went bust, car owners encountered an unexpected problem: Their vehicles went “offline.” Richard Qian didn’t know what to expect when he heard that WM Motor, a Shanghai-based EV maker popular for its low prices, filed for bankruptcy in October 2023. He tried to drive his compact EX5…