Insolvency Advisory Accountants Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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Four Seasons Health Care earns reprieve after deal with creditors – The Guardian
A deal has been agreed to stave off the collapse of Four Seasons Health Care, which looks after 17,000 elderly
Credit card groups face higher costs to help struggling customers – Financial Times
Caroline Binham in London December 14, 2017 Experimental feature Listen to this article Play audio for this article Pause 00:00
Israel’s Teva to cut 14000 jobs, suspends dividend in major restructuring – Financial Times
David Crow December 14, 2017 Experimental feature Listen to this article Play audio for this article Pause 00:00 00:00 Experimental
Teva Announces Restructuring Plan and Additional Measures to Improve Its Business and Financial Performance – Business Wire (press release)
JERUSALEM--(BUSINESS WIRE)--Teva Pharmaceutical Industries Ltd. (NYSE & TASE: TEVA) announced today a comprehensive restructuring plan to significantly reduce its cost
Insolvency law panel seeks suggestions from stakeholders; over 300 cases admitted for resolution by NCLT – Firstpost
New Delhi: The high-level panel tasked with identifying issues in implementation of the insolvency law has sought suggestions from stakeholders
Cobalt International Energy, Inc. Commences Chapter 11 Cases to Facilitate Restructuring – Business Wire (press release)
HOUSTON--(BUSINESS WIRE)--Cobalt International Energy, Inc. (Cobalt) (NYSE:CIE) today announced that it and certain of its U.S. affiliates filed voluntary petitions
Building contractor Edwards Constructions to emerge from administration, continue trading – Illawarra Mercury
Sub-contractors affected by a prominent local building companys financial woes appear set to receive some monetary relief.  An administrator at the time
English court recognises Croatian insolvency proceeding, outlines factors to consider – Out-Law.com
The ruling means that the Croatian administration has been recognised under English law and, therefore, a stay on any enforcement
Casino Operator Crown Resorts Divests Assets to Reduce Net Debt – Casino News Daily
Australian hotel and casino operator Crown Resorts today announced that it had locked several asset divestment deals and that it
Freedom Debt Relief Offers Tips for People Struggling With Medical Debt – Markets Insider
SAN MATEO, Calif., Dec. 13, 2017 /PRNewswire/ -- As health care premiums and expenses are rising this year, so is medical
EXCLUSIVE INVESTIGATION: Coventry council ex-deputy Phil Townshend ‘fraud’ claims end in OAP winning her … – Coventry Observer
A LONG legal battle involving claims the late Coventry council deputy leader Phil Townshend fraudulently obtained a vulnerable elderly relatives
Australia’s Crown Resorts signs several divestment deals to reduce debt – Kitco News
Reuters Thursday December 14, 2017 1:18 AM Kitco News Share this article: Dec 14 (Reuters) - Australian