Corporate insolvencies rose 3% year-on-year in the first quarter, figures from Deloitte show. There were 213 corporate insolvency appointments in Q1, up from 206 in the same period of 2025 and consistent with Q1 2024. Creditors’ voluntary liquidation accounted for seven in 10 insolvencies in the first three months of 2026 (149), up 16% from…
From $100 million businessman to bankrupt in five years: The rise and fall of Colin Neal The Press Read the original article here
Some lobbyists said businesses would not survive until the 9pc rate kicks in this July James Anderson, Turnaround & Restructuring partner, Deloitte Ireland. Insolvencies in the hospitality sector were down 27pc in the first quarter of the year, as it counts down to a Vat rate cut in the summer. A total of 24 hospitality businesses…
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It could have been left to qualified lenders to decide if a debtor is fit for CIIRP or not. For timeline clarity, the amended IBC will clearly identify an initial application—not, say, the last of many—as the starting point; this matters for defining the lookback period of a case, the span within which the debtor’s…
La Luthra and Luthra Law Offices India More Luthra and Luthra Law Offices India is a pioneer in commercial legal advice, which is based on its deep understanding of clients’ businesses across diverse sectors and jurisdictions. The Firm is known today for its adeptness to identify and…
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REVEALED: Latest business liquidations in Whittlesea Herald Sun Read the original article here
As global economic uncertainty persists — driven by the current U.S.-Israeli conflict with Iran and broader political, economic, and trade tensions — business concerns about nonpayment and customer insolvency are growing. Elevated interest rates and volatile financial conditions are causing a rise in bankruptcies, and prompting businesses to consider purchasing trade credit insurance. Long viewed…