Debate over company voluntary arrangements heats up ahead of Monsoon vote – Financial Times

Monsoon Accessorize will this week become the latest UK retailer to present a company voluntary arrangement as the potential saviour of its business, in the teeth of opposition from landlords. The insurrection against Monsoon, a retailer of hippie-trail inspired clothing with annual revenues of 400m, is not the only one. The insolvency procedure is used…

Bankrupt Islamic college stripped of title and right to award grades – DutchNews.nl – Live – DutchNews.nl

Photo: Wikipedia An Islamic further education college has been stripped of its title and been barred from awarding grades to its students by education minister Ingrid van Engelshoven. Van Engelshoven was responding to a report by the education inspectorate into management and financial problems at the Europe Islamic University of Applied Sciences (EIUAS) in Rotterdam.…

RITANZ welcomes passing of Insolvency Practitioners Bill – Scoop.co.nz

Friday, 14 June 2019, 8:57 amPress Release: RITANZ The Restructuring Insolvency and Turnaround Association of New Zealand (RITANZ) has welcomed news that the Insolvency Practitioners Bill has passed into law on Wednesday, almost a decade after it was first introduced into Parliament. The Insolvency Practitioners Regulation Bill and the Insolvency Practitioners Regulation (Amendments) Bill are…

Enerray enters insolvency proceedings – pv magazine International

Italian industrial group Maccaferri, the parent company of the insolvent EPC contractor, has also filed for insolvency for another three units of its energy business. June 13, 2019Emiliano Bellini A PV plant built by Enerray in Turkey, where the company has suffered from its geothermal investments. Image: Enerray Italian conglomerate Gruppo Maccaferri has begun insolvency…