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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

UK insolvency trade body R3 appoints new president

Tom Russell has also outlined five key objectives for his tenure at R3. Credit: khunkornStudio/Shutterstock.com. R3, an insolvency and restructuring trade body in the UK, has named Tom Russell as its new president. In the new role, Russell will collaborate with R3’s CEO, the senior management team, and the council to develop and implement the…

IBBI streamlines CIRP with new framework

The Insolvency and Bankruptcy Board of India (IBBI) has announced a significant reform to the Corporate Insolvency Resolution Process (CIRP) with the introduction of a simplified and streamlined forms framework. Effective June 1, 2025, this move aims to substantially reduce the compliance burden on Insolvency Professionals (IPs) while enhancing the efficiency and oversight of insolvency…