Restructuring and Insolvency in Germany and EU – Road Ahead for 2017 – The National Law Review

Liquidation

Andreas Lehmanns practice focuses on financial services and corporate finance transactions as well as restructuring & insolvency. He advises banks on all aspects of debt financing structures including syndicated loans, corporate bonds and securitization transactions. Andreas has advised institutional investors, in particular investment funds, venture capital funds and real estate funds, in respect to their…

Collapse of WA builder Builton Group could cost homeowners thousands – Domain News

Liquidation

Homeowners caught up in the collapse of WA builder Builton Group will only be able to claim up to $100,000 in losses for an alternative builder to finish their half-built homes, potentially leaving many heavily out of pocket. The Burswood-based builder, which also trades under the brands Platinum Homes and Aspireon Homes, went into external administration on…

Average debt of problem gamblers: $38,000 – Sheboygan Press – The Sheboygan Press

Liquidation

The Wisconsin Council on Problem Gambling reports that many callers to its helpline in 2016 faced “desperate” situations.(Photo: Submitted by Marshfield Clinic) By the time many out-of-control gamblers seek help, theyre desperate. On average, they are $38,090 in debt. Theyve maxed-out credit cards and drained bank accounts. Theyve lied to and stolen from family members.…

Builton Group becomes latest WA home builder to go bust – WAtoday

Liquidation

Burswood-based builder Builton Group, which trades under the brands Platinum Homes and Aspireon Homes, has gone into administration, joining a growing list of WA residential builders to go bust.  Australian Securities and Investments Commission documents revealed the builder went into external administration on Monday, after WAtoday reported on Friday staff had been told not to come…

WA builder BuiltonCorp collapses with more than $16 million in debts, as subcontractor payments remain in the spotlight – SmartCompany.com.au

Liquidation

The security of payments for subcontractors in the building and construction sector are again in the spotlight after Western Australian builder BuiltonCorp collapsed into voluntary administration on Monday. The companys administrators are advising clients with homes under construction by the company that its likely they will have to find new builders to complete projects their projects. Dino…