Leap in numbers seeking debt breathing space – as corporate insolvencies hit highest since 2009 – Sky News

There has been a surge in the number of people seeking breathing space from their debts while corporate insolvencies are running at levels not seen for 13 years, according to official figures. The Insolvency Service data covering England and Wales during the second quarter of the year showed 6,342 companies were registered as insolvent in…

Acra to review accounting rules to maintain high standards amid … – The Straits Times

SINGAPORE The accounting industry watchdog will re-evaluate the sectors regulatory framework in a bid to keep pace with the changing business environment and maintain standards. The Accounting and Corporate Regulatory Authority (Acra) review will likely take some time, given the need to engage with key stakeholders and conduct public consultations before proposals are made to…

Major Victorian company collapses owing millions – Sky News Australia

A leading Victorian company has collapsed owing tens of millions of dollars and leaving all of its employees without a job. Richstone Group Pty Ltd, the states largest privately-owned plumbing contractor, last month announced it was entering voluntary administration and restructuring. BRI Ferriers David Coyne and Peter Krejci were tasked with acting as joint administrators…

Craft beer maker Epic Brewing Company goes into liquidation – Stuff

Maarten Holl/Stuff Craft beer brewer Epic Brewing Company is in liquidation. Auckland craft beer brewer Epic Brewing Company has gone into liquidation. Companies Office records show the business was placed into liquidation by a special resolution of shareholders on Tuesday. Damien Grant and Adam Botterill of Waterstone Insolvency were appointed liquidators. Owner Luke Nicholas developed…

Want to own a craft beer brand? Epic Brewing Company goes into … – New Zealand Herald

Buyers are being sought for Epic after it went into liquidation. Kiwi craft beer brewer Epic Brewing Company has gone into liquidation. Waterstone Insolvency were appointed liquidators by Epics shareholders on Tuesday. Waterstone Insolvency director Adam Botterill told the Herald they were looking for buyers for the brewer. We are running the business as a…

Scottish corporate insolvencies surge 19.7% YoY – GVS United … – Global Village space

In the first quarter of this year, Scottish corporate insolvencies saw a significant increase of 19.7% compared to the same period last year, reaching a total of 292. This data comes from Scotlands insolvency service Accountant in Bankruptcy (AiB). Additionally, when compared to pre-pandemic levels in 2019, corporate insolvency numbers in Scotland rose by 21.7%.…