Can a COVID-stricken Business Walk Away from a Bounce Back Loan Debt? – Lawyer Monthly Magazine

While businesses recover from cash shortfalls and adapt to constantly shifting public health measures, the financial health of all sized businesses remains at serious risk. Larger businesses with naturally more cash reserves than smaller businesses are well equipped to withstand the pressures posed by the pandemic, however, the impact is likely to be grave following…

Business – Nobiskrug’s insolvency explained – Superyacht News – The Superyacht Report

The provisional insolvency administrator isin the process of analysing the companys financial position Nobiskrug, the German shipyard that specialises in the construction of custom superyacht projects over 60m, has filed for insolvency. The Neumnster district court has appointed Hendrik Gridmann, a restructuring expert from Hamburg law firm, Reimer, as the provisional insolvency administrator. Gridmann and…

Katie Price ‘owes £3.2 MILLION to creditors two years after being declared bankrupt’ – Daily Mail

Katie Price ‘owes 3.2 MILLION to creditors because she’s failed to pay off her debts – two years after being declared bankrupt’ By Laura Fox For Mailonline Published: 01:48 AEST, 14 April 2021 | Updated: 02:06 AEST, 14 April 2021 69 View comments Katie Price reportedly owes more 3.2 million to her creditors after accountants…