Five years on from Rangers going into administration the repercussions are still being felt today – Herald Scotland

FIVE years ago today, Rangers went into administration. They have yet to fully recover. That the Ibrox club was on the brink of financial insolvency had been doing the rounds in and around Glasgow for months. For once, however, there was something concrete amid the radio phone-in speculation and taxi driver gossip. On Tuesday February…

Readers’ travel tips: Travel insurance and insolvency – Newcastle Herald

Readers’ travel tips: Travel insurance and insolvency Say goodbye to your $32,000 if you haven’t taken out the right travel insurance. Photo: iStock Cape Town cruise cancellation: Be sure your travel insurance covers insolvency. Photo: iStock exit TIP OF THE WEEK SINKING FEELING I agree with “Bitter Pills” (Tip-o-meter, January) regarding travel insurance and have…

New era: Insolvency resolution begins for seven Indian companies – Economic Times

KOLKATA: While Innoventive Industries moved the Bombay High Court against the bankruptcy law, the Insolvency & Bankruptcy Board of India has registered six other cases including one involving Vijay Mallyas UB Engineering to begin insolvency resolution process against these companies, ushering in a new era in Indias dealing with sick businesses. ICICI Banks application for…