Meat company declares insolvency in Portugal

The insolvency was requested by Banco Comercial Português (BCP), one of the largest creditors. The Lisbon West District Court, based in Sintra, appointed Jorge Calvete as insolvency administrator and scheduled a creditors’ meeting for 4 March. Contacted by the Lusa news agency, the insolvency administrator said that “Sicasal’s production is at a standstill, but there…

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Code of Ethics and Professional Conduct for insolvency practitioners published — The Business Picture

The Insolvency and Receivership Service within the Malta Business Registry has just published the Code of Ethics and Professional Conduct for Insolvency Practitioners. This Code defines the requirements of professional conduct for insolvency practitioners, with the purpose of safeguarding the standing of their profession, continuously updating it and to create a uniform set of rules…