Relativity Bankruptcy: Unsecured Creditors Propose Settlement Involving … – Deadline

A group of Relativity Medias unsecured creditors have filed a proposed settlement that involves claims to several movies including Bridesmaids and Fast And Furious 6. The settlement proposal was filed late Friday in U.S. Bankruptcy Court for the Southern District of New York. You can read the documents here and here. The dispute involved the pre-bankruptcy transfer…

Innovation statement’s significant insolvency changes are well overdue – Manufacturers’ Monthly

Image: AAP/Mick Tsikas Those looking for the detail on insolvency changes announced in the Federal Governments long awaited innovation statement wont find it on the government website. But the Productivity Commissions report, Business set-up, Transfer and Closure, also released yesterday, acts as a companion piece to explain the Federal Governments intention to introduce significant changes to Australias…

Over 100000 businesses owed money by insolvent companies and individuals – Fresh Business Thinking

More than 100,000 businesses were owed money by companies and individuals that became insolvent during 2015, according to insolvency trade body R3. In total, around 113,000 businesses, the equivalent to 6% of all businesses in the UK were creditors in an insolvency procedure. Medium-sized businesses those employing 51-250 people were most likely to have been…

Insolvencies hurting MSBs – economia

More than 100,000 businesses in the UK were owed money from insolvent companies and individuals in 2015 Approximately 6% of all UK businesses, or 113,000 in total, were creditors in an insolvency procedure in last year, according to research by insolvency trade body R3. Phillip Sykes, R3 president Growing businesses encounter two classic problems:…