During the pandemic, many jurisdictions amended their insolvency laws to lessen the impact of the pandemic. In some cases, these amendments operated on a temporary basis until the impact of the pandemic abated. In other cases, more permanent reforms were introduced to improve insolvency legislation generally. In Australia, as noted in the recent report of…
The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has called for urgent passage of the Insolvency Bill, which aims to bring much-needed updates on insolvency practice in the country. The president of BRIPAN, Chimezie Ihekweazu, said this at the association’s event held in Abuja on Thursday. Insolvency law is the set of rules…
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The case was subsequently overturned by the Court of Appeal. Last week, the Supreme Court refused leave to appeal the Court of Appeal’s decision. The result is that a liquidator can now exercise the statutory power to require information and documents from shareholders, creditors and others situated overseas, in some cases. The question in each…
Electric Guitar PLC’s Subsidiary Faces Liquidation Amid Financial Strain TipRanks Read the original article here
New Zealand Solar Company Backed by BlackRock Ceases Operations Bloomberg Read the original article here
Telecompaper We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry. tp:news tp:research tp:events Read the original article here
‘Last chance warning’: Inland Revenue crackdown nets $89m The Press Read the original article here
Thousands of new sporting goods and pieces of leisure equipment remain up for grabs at bargain prices after a major online retailer went into liquidation. The multimillion-dollar fire sale was triggered when T&R International, which traded as T&R Sports and Sports Leisure, collapsed in October. WATCH THE VIDEO ABOVE: Bargain sporting Christmas gifts going under…
Today it was announced that after more than 90 years of operations the Youth Hostel Association of New Zealand, also known as the YHA New Zealand, had gone into liquidation. It joins a growing list of Kiwi companies unable to continue in the face of growing costs with liquidations up 27% up on this time last…