1. Overview 1.1 Where would you place your jurisdiction on the spectrum of debtor- to creditor-friendly jurisdictions? In restructuring proceedings, the creditor cannot take the initiative, nor do they have the right to control the proceedings, both institutionally and factually, in Japan. For instance, in general, the debtor in civil rehabilitation proceedings (minji-saisei) or the…
This blog article was co-authored with Shumi Ruan Overview As Australian businesses have begun to face the reality of the changing global macroeconomic conditions, it is increasingly important for companies and their directors to consider the risk of corporate insolvency as they navigate slower economic activity. The latest statistics released by the Australian Securities and Investment…
The arrangement will see 22 employees from PwC New Zealand’s Business Restructuring Services team move to Teneo. Credit: Travelanza Media/Shutterstock.com. Teneo has entered into an agreement to purchase PwC New Zealand’s Business Restructuring Services unit for an undisclosed sum. The move marks the further expansion of Teneo’s Financial Advisory business in the Asia-Pacific region. Access…
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Mall-based women’s retailer begins liquidation, closing all stores thestreet.com Read the original article here
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UK travel company closes down with all trips cancelled and no refunds News Shopper Read the original article here
Regen Central Ltd was founded in Hertfordshire back in 2009 and offered package holidays to places like Italy, Bali, Thailand, Dubai, and Saudi Arabia. The company, which recently moved its base of operation to London, also traded under the names One Haji and Umrah, Regen Travels, and Oneworld Travels. Regen Central Ltd filed for liquidation…
UK travel company closes down after entering liquidation Trending Now Infrastructure Read the original article here
Regen Central Ltd was founded in Hertfordshire back in 2009 and offered package holidays to places like Italy, Bali, Thailand, Dubai, and Saudi Arabia. The company, which recently moved its base of operation to London, also traded under the names One Haji and Umrah, Regen Travels, and Oneworld Travels. Regen Central Ltd filed for liquidation…