Dundee businessman declared bankrupt after firm collapses with £500000 debts – Evening Telegraph

A prominent Dundee businessman whose firm collapsed with the loss of dozens of jobs has been declared bankrupt after running up debts of more than £500,000. Hermann Twickler, 47, was placed into full administration following an action by the Accountancy in Bankruptcy service. Mr Twickler, a German national, ran companies including PressureFab an offshore container…

Quarter Of North East Adults Feel Impact Of Personal Finance Concerns On Mental Health – North East Connected (press release) (subscription)

Over a quarter of adults in the North East say the state of their personal or household finances is having a negative impact on their mental health and wellbeing. New research by insolvency and restructuring trade body R3 and ComRes found that 27% of adults living across the region selected money issues as a cause…

Entries open for the 10 – Credit Strategy

As the awards scheme, sponsored by Capa, reaches the milestone of championing best practice for the past decade, entries are now open for nominations of those who deserve public recognition among their peers. After a successful rebrand in 2016, the awards scheme has retained its structure of celebrating the distinguished leaders demonstrating excellent practice and…

Teamnet files for insolvency – ACTmedia

Wednesday, March 22, 2017 Romania’s Teamnet, which has been involved in a corruption scandal over contracts for IT services, has filed for insolvency on Monday, according to data posted on the justice ministry’s website quted by seenews.com. The IT company filed for insolvency at Prahova county court, data showed. “At this moment we are working…