His clients include companies in financial difficulties, their directors and shareholders, insolvency practitioners appointed over such companies, lenders to and other major creditors of troubled entities, investors interested in a “loan-to-own” strategy and buyers of businesses where there is an insolvency aspect both domestically or internationally. Paul has acted for clients across a range of…
WORRYING NUMBERS: New figures from Citizens Advice reveal more than 400,000 people have been in contact about debt (Image: Getty) Recent figures indicate that many households across England and Wales are navigating a challenging financial period as the cost of living continues to strain budgets. While the scale of the challenge is significant, there are…
Student-loan borrowers are facing debt-relief whiplash under Trump MSN Read the original article here
Simon acts for troubled companies and their directors and shareholders, for individuals in financial difficulty, and for the major financial creditors of such entities or individuals. His clients also include distressed debt investors, insolvency officeholders and a variety of other parties with an interest, or potential interest, in a troubled company’s business. Simon was the…
Targa Florio Cars director William Kirkham has told the BBC that the supercar dealer is ‘entering liquidation’ and he is ‘filing for bankruptcy’. According to reports, at least some of the customers have received settlements from Kirkham for their missing cars. In a story published by BBC Sussex, three customers told how they had given…
Shyam Metalics Clears Dubai Subsidiary Liquidation and Greenlights Major Capacity Expansion TipRanks Read the original article here
Clancy v ASIC [2025] FCA 220 The decision in Clancy v Australian Securities and Investments Commission serves as a useful and practical reminder of the legal principles that govern applications to reinstate a company under section 601AH of the Corporations Act 2001 (Cth). The case underscores several key points relevant to both corporate officers and…
Student-loan borrowers are facing debt-relief whiplash under Trump AOL.com Read the original article here
If there’s one thing student-loan borrowers are familiar with, it’s uncertainty — and there’s a lot of that right now. Around the time it was set to take effect in early January, President Donald Trump’s Department of Education announced that it was pausing wage garnishment and tax refund seizures for defaulted student-loan borrowers. This gives borrowers…
The Dubai Commercial Court has ordered the dissolution and liquidation of a land transport company after finding that its capital had been fully eroded and its liabilities had surged to nearly Dh34 million, leaving it unable to continue operations. The ruling followed a lawsuit filed by one of the company’s partners, who argued that mounting…