For three weeks in November and December 2021, iconic Canadian clothing chains Bootlegger, Cleo and Ricki’s found themselves paralyzed — staring down the barrel of the “critical holiday season” but prevented by ransomware from moving inventory. The attack occurred on Nov. 23, but the businesses weren’t able to regain access to their internal systems until Dec.…
Keith Bell, who ran the Bishopton Road Post Office in Stockton, spent 20 years blaming himself for shortfalls on his accounts until he watched ‘Mr Bates v The Post Office’ and felt like his life was unfolding on TV. He went from living a comfortable life to being bankrupt and even lost his new job…
Review civil servants’ salary deduction cap, says insolvency department chief Free Malaysia Today Read the original article here
Thursday, 17 October 2024 King’s Inns CHECK AGAINST DELIVERY Opening remarks Thank you, Ian (Drennan), for your introduction and warm welcome. Good morning, everyone – it is a privilege to be here with you today, at the Corporate Enforcement Authority’s (CEA) second annual conference. I am delighted to be back again at…
Doha – Business insolvencies in Morocco are expected to increase over the 2024-2025 period, according to a recent global report from Allianz Trade. Titled “Global Insolvency Outlook: The ebb and flow of the insolvency wave,” the document places Morocco among the countries experiencing a “noticeable increase” in situations where companies are unable to meet their…
Top Northern Ireland security firm calls in its creditors as liquidator due to be appointed MSN Read the original article here
Meanwhile, France and the UK are expected to see moderate declines of 6% in 2025, with further drops in 2026. In contrast, Italy is projected to see continued increases, while business failures in China will rise from low levels, with gains of 5% and 6% in 2025 and 2026, respectively. Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
(Feb 17): Distressed Chinese companies are facing a torrent of court hearings in Hong Kong this week, as the risk of liquidation rises for some beleaguered firms. On Monday, Tianji Holding Ltd, a key unit of China Evergrande Group, is in court again to try to stave off a wind-up order. A judge already moved…
The news: Fashion retailer Mosaic Brands has appointed FTI Consulting as voluntary administrators after failing to informally restructure its operations. The context: The company’s senior secured lender has appointed KPMG as receivers and managers to work alongside FTI through the restructure process. The group said that a “small number of parties” declined to support its…