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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James Packer’s Crown doubles down on its Macau exit with $300m sharesale to investors – The Sydney Morning Herald
James Packer's Crown Resorts has doubled down on its massive retreat from its international operations, agreeing to sell a further $300 million
Serrano CEO declared bankrupt – THE BUSINESS TIMES
THE chief executive officer and executive director of interior design contractor Serrano Ltd has been declared bankrupt by the court.
Bank of Canada sees risks from household debt, housing market imbalances – The Sydney Morning Herald
The Bank of Canada said elevated levels of household debt and imbalances in the housing market remain the primary risks
Greece’s European creditors suspend relief – NEWS.com.au
European creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures announced
Greece’s European creditors suspend debt relief measures – Daily Sabah
European creditors on Wednesday pulled a recently announced debt relief package for Greece in protest at subsequent budget spending
Creditors scold Athens but leave window of hope over debt relief measures – Kathimerini
A statement by the countrys international creditors Thursday denounced the governments controversial Christmas bonus payment for low-income pensioners but left
Takata restructuring delayed as bidders assess business, report says – Automotive News (subscription) (blog)
TOKYO -- Takata Corp.s selection of a bidder is running behind schedule as the shortlisted companies embark on a more
IBBI notifies norms for liquidation process – Economic Times
NEW DELHI: The Insolvency and Bankruptcy Board of India (IBBI) today notified regulations for liquidation process whereby an insolvency professional
Insolvency rules in Malta gather steam – timesofmalta.com – Times of Malta
The European Commission launched its proposals for changes to insolvency law a few weeks ago, noting that Malta ranked last
Number of Irish bankruptcies increased in 2015 – Irish Legal News
The number of bankruptcies in Ireland increased last year, according to the Insolvency Service of Ireland (ISI)s latest annual report.
Former Billabong boss Matthew Perrin admits regularly signing for wife – The Age
Former Billabong boss Matthew Perrin has accused his ex-wife of fabricating a confession and making him sign it when he
Euro bailout chiefs freeze Greek debt relief measures – Public Finance International
The news is the latest development in a long-running and increasingly ugly dispute over measures to ease Greeces massive debt