Second Deputy Governor’s Remarks at GARIA Webinar on the Corporate Insolvency and Restructuring Act, 2020 (Act 1015) – Marketscreener.com

Opening Remarks by Mrs. Elsie Addo Awadzi, 2nd Deputy Governor of the Bank of Ghana Ghana Association of Restructuring and Insolvency Advisors (GARIA) Webinar on the Corporate Insolvency and Restructuring Act, 2020 (Act 1015) 26th August 2020 Members of the Governing Council and Executives of GARIA Distinguished GARIA Members Distinguished Resource Persons Invited Guests, Ladies…

Insolvent Wirecard to slash more than half its German staff – Yahoo Finance Australia

Administrators for scandal-hit payments firm Wirecard said on Tuesday that the insolvent company would lay off more than half its remaining German staff. Wirecard’s workforce will be cut by 730 from around 1,300 staff currently, with 570 kept on at the firm’s base near Munich. “The economic situation of Wirecard was and is extremely difficult…

ASIC reveals a lack of liquidators to handle COVID-19 liquidations – Money Management

The Australian Securities and Investments Commission (ASIC) has pointed to a situation where there may not be enough registered liquidators (RLs) to handle COVID-19 related corporate insolvencies because many of the RLs are facing financial struggles themselves. ASIC had revealed the dilemma to the Parliamentary Joint Committee on Corporations and Financial Services noting it as…

STA Travel Group has gone into voluntary administration after its parent company filed for insolvency – Business Insider Australia

STA Travel Group has collapsed into voluntary administration. It comes after the collapse of its Swiss-based parent company STA Travel Holding AG. Deloittes Jason Tracy and Timothy Norman were appointed as administrators, with the company telling customers that they are unable to provide cash refunds. Visit Business Insider Australias homepage for more stories. Travel agent…