Civil law after Brexit European Union (EU) law no longer apply to legal proceedings involving the United Kingdom (UK) since the current transition period came to an end on 31 December 2020. This will have an impact on proceedings in this jurisdiction where there is a UK component – for example, a UK resident who…
A Lancaster pensioner who hid thousands of pounds from a house sale after filing for bankruptcy has avoided jail. Harvey Tudor of Brookhouse, Lancaster, failed to inform the Official Receiver that he had sold a property in Kirkby Stephen, contradicting the laws around bankruptcy. 74-year-old Tudor had been declared legally bankrupt in 2014 but continued…
Photo: Depositphotos.com In total, 2,703 companies were declared bankrupt in the Netherlands last year, the lowest figure in 20 years, national statistics agency CBS said on Tuesday. The total is down 16% on 2019, due to the impact of government support measures for companies hit by the coronavirus crisis, the CBS said. Economists and other…
Despite the pandemic putting pressure onthe Dutch economy, 2020 saw remarkably few Dutch businesses go bankrupt. A total of 2,703 companies were declared bankrupt last year, 16 percent less than in 2019 and the lowest number since 1991, Statistics Netherlands reported on Tuesday. The stats office attributed the low number of bankruptcies to the coronavirus…
Michael Martin (44), from Erith in Kent, has been banned from acting as a director or directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company after he failed to provide records to account for 1.14m in payments. ADM Skips was incorporated in June 2017…
GJES London Ltd, an electrical contracting company, was incorporated in October 2011 and Grzegorz Jarnot became the sole director on the same day. The company traded for over seven years before going into creditors voluntary liquidation in April 2019 as it was unable to pay its debts. A subsequent investigation by the Insolvency Service found…
A German group has turned its attention to the outlets of the recently declared bankrupt retailer Mega World. Negotiations with the trustees are starting today. Piocheur According to the liquidator Thierry Lammar, the potential buyer is a major German player “who wants to take advantage of this opportunity to expand on the Belgian market.” Kanaal…
Credit card debt five times more problematic than other types of debt reported; COVID-19 pandemic called out as factor in over half of personal insolvency filings since March 2020 VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) — Sands & Associates, BCs largest firm of Licensed Insolvency Trustees serving individuals and small businesses, released the…
GJES London Ltd, an electrical contracting company, was incorporated in October 2011 and Grzegorz Marcin Jarnot (47), from Worcester Park, Surrey, became the sole director on the same day. The company traded for over 7 years until GJES London went into Creditors voluntary liquidation in April 2019 as it was unable to pay its debts.…
We have only just overcome the liquidity phase of the crisis in countries that are now relaxing restrictions. In many others, the health crisis is still acute. And the epidemic could flare up again anywhere, the general manager, Agustin Carstens, of Bank for International Settlements (BIS) acknowledged in late June whilst discussing the Banks 2020…