Asiakastieto: Restaurant bankruptcies spiked late last month in Finland – Helsinki Times

THE NUMBER of restaurant bankruptcies rose sharply at the end of February in Finland, reports Asiakastieto. The Finnish provider of business and consumer information reported yesterday that 14 restaurants were declared bankrupt between 22 and 28 February. Although the number is high in comparison to previous weeks, the number of bankruptcies in the first eight…

Qld’s damning bankruptcy figures the worst in nation – Queensland Times

Queensland’s three-year run as the nation’s bankruptcy capital has continued with damning new figures revealing the significant number of people facing financial distress. In the 2020 calendar year, 4458 personal bankruptcies were recorded in Queensland ahead of 4413 in NSW. Victoria – which was locked down for four months – recorded 2724 personal insolvencies. In…

Qld’s damning bankruptcy figures the worst in nation – Fraser Coast Chronicle

Queensland’s three-year run as the nation’s bankruptcy capital has continued with damning new figures revealing the significant number of people facing financial distress. In the 2020 calendar year, 4458 personal bankruptcies were recorded in Queensland ahead of 4413 in NSW. Victoria – which was locked down for four months – recorded 2724 personal insolvencies. In…

Bundy billionaire’s company facing insolvency – Gympie Times

The multi-billion dollar financial empire built by Bundaberg farmer’s son Lex Greensill faces unravelling. London-based Greensill Capital, founded by Mr Greensill a decade ago, has appointed Grant Thornton to look at restructuring options as it faces the possibility of filing for insolvency, according to people familiar with the company. The financial strife came after Credit…