SAB Events & Governance Now Media Limited Initiates Pre-Packaged Insolvency Resolution Process – scanx.trade
SAB Events & Governance Now Media Limited Initiates Pre-Packaged Insolvency Resolution Process scanx.trade Read the original article here
Restructuring and insolvency practice launches North West operation – will be led by well known figure – Insider Media Ltd
Restructuring and insolvency practice launches North West operation – will be led by well known figure Insider Media Ltd Read the original article here
Insolvency experts warn against ‘dodgy’ SBR offers
Small business restructuring (SBR), introduced in January 2021, has morphed from a helpful mechanism for small businesses into a trap that business owners need to be wary of when tackling financial distress. Eddie Griffith, Affiliation for Business Resilience and Turnaround (ABRT) chair, said the original intent of the SBR process was to give viable small…
Merging with a charity in financial distress: a practical guide for directors – Gilbert + Tobin
Merging with a charity in financial distress: a practical guide for directors Gilbert + Tobin Read the original article here
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Mediation in Corporate Insolvency: Need Under Indian Regime
Mediation in India is an accepted non-adversarial alternative dispute resolution to settle disputes between parties. The introduction of it in the Indian insolvency regime for corporate insolvency or liquidation wherein complex commercial issues arise is the need of the hour in order to curtail litigation, promote entrepreneurship, enforce business relationship and ensure that there is…
Report finds Jon Adgemis used company funds for lifestyle – The Greek Herald
Failed hospitality tycoon Jon Adgemis funded his luxury lifestyle with credit cards and money flowing through his collapsed pub empire, according to a new bankruptcy report detailing the businessman’s complex financial dealings and mounting debts. Adgemis, once in control of 22 pubs and hotels across Sydney and Melbourne and now burdened with $1.8bn in debt,…
The battle for BYJU’s remains
In today’s Finshots, we talk about why BYJU’s parent company is finding bidders despite being under insolvency proceedings and mostly defunct. But here’s a quick sidenote before we begin. Insurance actually matters only in one moment — when your family needs to make a claim. Most people never hear real claim stories until it’s too…
Andrew Leigh cites Adgemis case as government targets insolvency rules
Assistant Minister for Productivity, Competition, Charities, and Treasury Andrew Leigh has warned that unscrupulous manipulators of Australia’s personal insolvency system have the Albanese government’s full attention and will be brought to book, alongside trade credit laggards. In a speech to the Australian Financial Security Authority Summit, Leigh warned that risky and frisky outliers would not…
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