But that figure is still well short of the £150m the authority needs to make through asset sales to help stave off bankruptcy. Properties that have been sold include a former village hall, an outdoor activity centre, a petrol filling station, car parks and a former recycling centre. Early last year Bradford Council was granted…
The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has trained the staff of the Nigeria Deposit Insurance Corporation (NDIC) on personal insolvency, liquidation procedures, and corporate restructuring mechanisms. Speaking at the three-day training session held in Lagos, BRIPAN President, Chimezie Ihekweazu, explained that the programme was designed to enhance NDIC’s capacity in debt…
While AI may arguably be the most significant change in the accounting world, the continual increase in corporate insolvency is where accountants should focus their attention, writes Trevor Withane. Corporate insolvency on the rise Australian corporate insolvency appointments have almost tripled since the 2021–2022 financial year, with the highest numbers occurring in NSW. The hardest-hit…
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Asha Patel,East Midlands and Ben Mellor,Nottingham CT4N Community Transport for Nottingham (CT4N) Limited runs a number of services across the city and county A bus operator serving Nottingham and Nottinghamshire has proposed to enter an insolvency process as it faces “challenging trading conditions”. Community Transport for Nottingham (CT4N), which runs more than 20 local services,…
Bankrupt builder scammed customer out of more than £35k Kent Live Read the original article here
The Select Committee on Insolvency and Bankruptcy Code (Amendment) Bill, 2025 has invited views and suggestions from experts, industry bodies and stakeholders to “strengthen India’s insolvency framework”. The 24-member parliamentary committee, chaired by Baijayant Panda, was formed on October 1, and the panel is currently reviewing the amendment Bill. It will submit its recommendations to…
PPE Medpro: recovering £122 million — civil and insolvency routes Fieldfisher Read the original article here