Registration norms for insolvency professionals get a makeover – Business Line

The Insolvency and Bankruptcy Board of India (IBBI) has sought to streamline the process and criteria for registration of an insolvency professional (IP), seeking to institutionalise this important pillar of the Insolvency and Bankruptcy Code (IBC). Insolvency resolution professionals determine the life and death of a company in the insolvency process. The IBBI move to…

Auction of KVV Liepajas Metalurgs’ electric steel casting plant fails – The Baltic Course

An attempt to sell insolvent KVV Liepajas Metalurgs companys electric steel casting plant along with its equipment failed today as the auction drew no bidders, the companys insolvency administrator Vita Dika told LETA. At two other auctions selling the steel companys property, EUR 82,000 were raised by selling a property in Liepaja at 100B Brivibas…

New insolvency administrator appointed for troubled Latvian steel company KVV Liepajas Metalurgs – Baltic Times

The court appointed Vita Dika as the new insolvency administrator for the insolvent Latvian steel company KVV Liepajas Metalurgs, the Kurzeme Regional Court reported. Dika, a certified lawyer, is currently serving as an insolvency administrator of a number of other companies. As reported, the Kurzeme Regional Court on March 21 removed Guntars Koris as…