R3 Midlands warns latest insolvency statistics do not yet show effect of pandemic on businesses – East Midlands Business Link

Surprise falls in the number of corporate insolvencies across the country do not yet reflect the effect of the pandemic on businesses, warns the Midlands branch of insolvency and restructuring trade body R3. Recently published statistics, from the Insolvency Service, show that there were 732 company insolvencies in England and Wales in June 2020, which…

Heron Resources battles to keep Tarago’s Woodlawn Mine afloat – Goulburn Post

news, local-news, Goulburn, Tarago, Heron Resources, Woodlawn Mine, shutdown, Orion Finance, insolvency, Tim Dobson The company operating Woodlawn Mine is negotiating with financiers in an attempt to bat off insolvency. Heron Resources CEO Tim Dobson says the company is not trading insolvent and that scenario is a “worst case.” The company suspended operations in March…

Is All Well on the BIT and Arbitration Front After India’s Insolvency Code Amendments? – The Wire

In response to the COVID-19 pandemic, the government significantly amended Indias Insolvency and Bankruptcy Code, 2016, with the objective of protecting businesses during these volatile times. In brief, the amendments to the bankruptcy code include an increase in the threshold for initiation of corporate insolvency resolution process to Rs 1 crore and what seems to…

Christine Liggins New Zealand’s First Accredited Personal Insolvency Practitioner – Scoop.co.nz

Friday, 10 July 2020, 1:42 pmPress Release: Debtfix In April 2020, Debtfix co-founder Christine Liggins became New Zealands first accredited insolvency practitioner specialising solely in the field of personal insolvency appointments. This allows Mrs Liggins to use the insolvency practitioner designation and be listed on a publicly accessible register. As an accredited insolvency practitioner, Mrs…