The Spanish government approved on Tuesday a draft law to forgive part of the debt of the country’s autonomous communities. In total, €83.3 billion will be forgiven, with €17 billion allocated to Catalonia. Andalusia will be the biggest beneficiary, receiving €18.8 billion, followed by Catalonia and Valencia with €11.2 billion each. The measure stems from…
Issue of Debt Business Wire Read the original article here
The Insolvency and Bankruptcy Code, 2016 (IBC) and the Prevention of Money Laundering Act, 2002 (PMLA) are landmark legislation, enacted with separate objectives. The IBC aims to consolidate and resolve insolvency processes within a specific time frame to maximise asset value. The PMLA is concerned with identifying and attaching the proceeds of crime, ensuring criminal…
Insolvency Analysis: Bucharest Remains on Top, While Bihor County Records a 356% Increase The Romania Journal Read the original article here
Sale of Liberty Ostrava: lessons learnt from the Czech insolvency process Taylor Wessing Read the original article here
One of the issues in Reiscor Two (Pty) Ltd t/a Bootleggers v Anheuser-Busch Inbev Africa (Pty) Ltd and Others (2022/2731) [2024] ZAGPJHC 363; [2024] 2 All SA 902 (GJ); 2025 (1) SA 315 (GJ) (11 April 2024) (Bootleggers) was whether section 34 of the Insolvency Act 24 of 1936 applies to the disposal of a…
Marked drop in company insolvencies in Northern Ireland, data shows MSN Read the original article here
Ex-footballer Demy de Zeeuw’s BALR fashion brand bankrupt, leaves €8.7 million debt | NL Times Skip to main content Read the original article here
Supertech delivers 6,000 homes amid insolvency, 15,000 still pending propnewstime.com Read the original article here
US financial and risk advisory firm Kroll has acquired Kirby Healy, the Dublin-based corporate insolvency practice. As a result of the deal, Kroll expects to significantly expand its restructuring capabilities and double the size of its team in Ireland. Kirby Healy staff will be absorbed by Kroll’s existing operations, which offer services in fraud and white-collar…