Grupeer proposes ceasfire with disgruntled investors – P2P Finance News

Grupeer is looking to work with lawyers representing a group of disgruntled investors who were taking legal action against the European peer-to-peer lender. The Latvia-based peer-to-peer lender had itseconomic activities suspendedby the countrys tax authority last September. It also faced criticism and legal action after it said in March that it wouldno longer pay interest…

Monthly corporate and individual insolvency statistics – Business Up North

Eleanor Temple, Yorkshire Chair of R3 Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to todays publication of Januarys corporate and personal insolvency statistics for England and Wales: Januarys fall in corporate insolvency numbers has been driven by a fall in Creditors…

Australian Electoral Commission drops case against missing former far-right senator Fraser Anning – The Guardian

The Australian Electoral Commission has dropped a case against former far-right senator, Fraser Anning, because it has been unable to locate him. In November the AEC brought an action seeking a penalty of up to $26,640 against Anning in the federal court for his alleged failure to lodge an annual financial return for the 2018-19…

When companies go bust, the law does little to help suppliers get repaid – here’s a possible solution – The Conversation UK

Insolvency is stalking many UK businesses in the wake of coronavirus and Brexit. This has been particularly visible in retail, with 2021 already seeing stationery chain Paperchase in administration and former high-street leaders Debenhams and Topshop being mopped up by online upstarts Boohoo and Asos. Meanwhile, pubs and restaurants are lobbying hard to be allowed…

When companies go bust, the law does little to help suppliers get repaid – here’s a possible answer – The Conversation UK

Insolvency is stalking many UK businesses in the wake of coronavirus and Brexit. This has been particularly visible in retail, with 2021 already seeing stationery chain Paperchase in administration and former high-street leaders Debenhams and Topshop being mopped up by online upstarts Boohoo and Asos. Meanwhile, pubs and restaurants are lobbying hard to be allowed…

Insolvency protection extended to April 2022 due to pandemic – Accountancy Daily

The government announced it intends to extend the power (granted through the Corporate Governance and Insolvency Act) to make temporary amendments or modify the effects of corporate insolvency and governance legislation for an additional year until April 2022. The government laid the regulations on 11 February 2021 in Parliament ahead of the power expiring on…

Key Developments In Canadian Insolvency Case Law In 2020 | Blake, Cassels & Graydon LLP – JDSupra – JD Supra

In 2020, several significant judicial decisions were rendered across Canada relevant to commercial lenders, businesses and restructuring professionals. This bulletin summarizes the core issues of importance in each case and provides status updates on the cases reported on in our January 2020 bulletin, Key Developments in Canadian Insolvency Case Law in 2019. CHARACTERIZATION AND TREATMENT…