Category Archives: Bankruptcy

The new normal? COVID-19 legislation: subsidies, consumer protection and air transport – International Law Office

Introduction General legislation Subsidies Consumer protection Air transport Introduction Since the World Health Organisation declared the COVID-19 outbreak a pandemic on 11 March 2020, governments worldwide have made significant efforts to cope with this unforeseen situation and control the spread of the virus. Numerous legal provisions, both temporary and permanent, have been introduced in an…

Primesite’s Kerry Tomlinson declared bankrupt – Place North West

Herculaneum Quay, now under the control of its investors, was the subject of a dispute between Primesite and funder Lendy 12 Jan 2021, 12:22 Neil Tague The developer who fronted troubled Liverpool schemes including Herculaneum Quay and The Rise has been declared bankrupt in the citys County Court. Tomlinsons name was added to the Individual…

Fewer bankruptcies in 2020 – Statistics Netherlands

Download CSVShow datatableNumber of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days 2017 January 336 2017 February 292 2017 March 304 2017 April 263 2017 May 281 2017 June 300 2017 July 266 2017 August…

gov.ie – Civil and Commercial Matters – Gov.ie

Civil law after Brexit European Union (EU) law no longer apply to legal proceedings involving the United Kingdom (UK) since the current transition period came to an end on 31 December 2020. This will have an impact on proceedings in this jurisdiction where there is a UK component – for example, a UK resident who…

Bankrupt Lancaster pensioner hid £59k from sale of house – Lancs Live

A Lancaster pensioner who hid thousands of pounds from a house sale after filing for bankruptcy has avoided jail. Harvey Tudor of Brookhouse, Lancaster, failed to inform the Official Receiver that he had sold a property in Kirkby Stephen, contradicting the laws around bankruptcy. 74-year-old Tudor had been declared legally bankrupt in 2014 but continued…

Bankruptcies hit lowest level in 20 years, thanks to coronavirus support – DutchNews.nl – DutchNews.nl

Photo: Depositphotos.com In total, 2,703 companies were declared bankrupt in the Netherlands last year, the lowest figure in 20 years, national statistics agency CBS said on Tuesday. The total is down 16% on 2019, due to the impact of government support measures for companies hit by the coronavirus crisis, the CBS said. Economists and other…

NL sees fewest bankruptcies since 1991, despite pandemic – NL Times

Despite the pandemic putting pressure onthe Dutch economy, 2020 saw remarkably few Dutch businesses go bankrupt. A total of 2,703 companies were declared bankrupt last year, 16 percent less than in 2019 and the lowest number since 1991, Statistics Netherlands reported on Tuesday. The stats office attributed the low number of bankruptcies to the coronavirus…

Skip company boss fails to explain £1m expenses – Mirage News

Michael Martin (44), from Erith in Kent, has been banned from acting as a director or directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company after he failed to provide records to account for 1.14m in payments. ADM Skips was incorporated in June 2017…

£1m unaccounted expenses sparks ban for electrician – Accountancy Daily

GJES London Ltd, an electrical contracting company, was incorporated in October 2011 and Grzegorz Jarnot became the sole director on the same day. The company traded for over seven years before going into creditors voluntary liquidation in April 2019 as it was unable to pay its debts. A subsequent investigation by the Insolvency Service found…

German prospective buyer for Mega World – Retail Detail Europe

A German group has turned its attention to the outlets of the recently declared bankrupt retailer Mega World. Negotiations with the trustees are starting today. Piocheur According to the liquidator Thierry Lammar, the potential buyer is a major German player “who wants to take advantage of this opportunity to expand on the Belgian market.” Kanaal…