Business – Nobiskrug’s insolvency explained – Superyacht News – The Superyacht Report

The provisional insolvency administrator isin the process of analysing the companys financial position Nobiskrug, the German shipyard that specialises in the construction of custom superyacht projects over 60m, has filed for insolvency. The Neumnster district court has appointed Hendrik Gridmann, a restructuring expert from Hamburg law firm, Reimer, as the provisional insolvency administrator. Gridmann and…

Businesses buoyed by Government stimulus to face cashflow pressures – Mirage News

Australian Institute of Credit Management Press release for 2021 Risk Report Businesses buoyed by Government stimulus to face cashflow pressures in coming months Corporate and personal insolvencies have declined to record low levels following the implementation of COVID-induced temporary protections, according to the 2021 AICM Risk Report. Drawing on data insights and the AICMs network…

Laurentian professors in precarious spot as university navigates insolvency – The Globe and Mail

The Northern Ontario School of Medicine building on the Laurentian University campus in Sudbury, Ont., on Feb. 1, 2021. Gino Donato/The Globe and Mail Tenured professors at Laurentian University expect to know Monday whether they will be laid off as part of an extraordinary restructuring aimed at cutting costs at the insolvent and debt-burdened school.…