80 jobs at risk as aerospace firm goes into insolvency – Belfast Telegraph

Bankruptcy

By Margaret Canning Published 07/01/2017 Share 80 jobs at risk as aerospace firm goes into insolvency BelfastTelegraph.co.uk More than 80 jobs are at risk after a Co Londonderry aerospace firm went into administration. http://www.belfasttelegraph.co.uk/business/news/80-jobs-at-risk-as-aerospace-firm-goes-into-insolvency-35347737.html More than 80 jobs are at risk after a Co Londonderry aerospace firm went into administration. Schivo NI, which bought over…

COMMENT: Just about anybody in Perth’s building industry and plenty of outside observers would have seen the … – The West Australian

Bankruptcy

COMMENT: Just about anybody in Perths building industry and plenty of outside observers would have seen the failure late last month of Diploma Group coming. More inevitable than spectacular, the $50 million collapse of the Di Latte family- controlled company and two construction arms has nevertheless had a damaging impact on hundreds of small business…

China to curb splashy spending on players, with insolvent clubs set to be kicked out of the CSL – Fox Sports

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CHINA ordered a clampdown Thursday on the mega sums being shelled out on foreign football stars and their salaries after the high-profile signings of Oscar and Carlos Tevez. There has to be action against irrational investment and the government will regulate and restrain high-priced signings and make reasonable restrictions on players high incomes, a state…

Insolvencies are on the rise for the travel industry as the weak pound and terrorism fears hit businesses – City A.M.

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The travel industry is braced for thousands of insolvencies as the sector comes under increasing pressure from terrorism fears and rising costs. According to data from insolvency firm Begbies Traynor, 2,679 businesses in the travel industry are currently experiencing significant distress, a 10 per cent increase compared to the previous quarter and a four per…

U.K. Law Firms Braced For Insolvency Boom As Data Puts Thousands Of Companies At Risk – Law.com (subscription)

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Photo by LendingMemo.com, via Flickr Continental Breakfast: your daily update on whats happening in Europe. Law firms in the U.K. could soon face a glut of insolvency and restructuring work, with data suggesting that thousands of companies in the travel sector are at risk of going bust. Insolvency consulting firm Begbies Traynor says that 2,679…

Donna Dennis, sister of fallen coal barron Nathan Tinkler, facing bankruptcy – The Sydney Morning Herald

Bankruptcy

The sister of bankrupted former billionaire Nathan Tinkler is facing bankruptcy after being accused of entering into uncommercial transactions and breaching her directors’ duties. Donna Dennis is alleged to have sold off furniture belonging to two Tinkler family companies for a little more than $100,000 despite being notified that the companies were insolvent due to…