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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Centrelink debt freeze causes Family Tax Benefit stress – InDaily
Adelaide Tuesday July 21, 2020 Your views: on 5G, Crows and Hong Kong Eight Australian magazines closed permanently Charges laid
ASIC Suspends AFS Licence of USGFX After Voluntary Administration – Finance Magnates
Following the voluntary administration of Union Standard International Group, which operated under the brand USGFX, the Australian Securities and Investments
Carriageworks saved: arts venue lifted out of voluntary administration – Sydney Morning Herald
The directors' plan to resume trading provided a "superior outcome than liquidation", Mr Quinlan said in a letter to creditors
Stella McCartney Looks to Shrink Staff, Stores in Restructuring – WWD
LONDON The Stella McCartney business is retrenching and restructuring in the wake of COVID-19, with the designer herself leading the
Feronia Inc. Enters Into Restructuring Purchase Agreement TSX Venture Exchange:FRN – GlobeNewswire
July 20, 2020 13:35 ET | Source: Feronia Inc. TORONTO, July 20, 2020 (GLOBE NEWSWIRE) -- Feronia Inc. (Feronia or
IMF Executive Board Approves US$7.6 Million Debt Relief to the Republic of Burundi Under the Catastrophe Containment and Relief Trust...
July 20, 2020 The IMF Executive Board approved debt relief under the Catastrophe Containment and Relief Trust to provide US$
News / Abdulla Shadid quits Etihad Cargo as revenues soar after restructure – theloadstar.com
By Alex Lennane 20/07/2020 Etihad Cargo has enjoyed three successive months of more than $100m in revenue, but Abdulla Mohamed
Businesses getting rid of non-core assets: Car leasing player Eclipx dumps Right2Drive – Kalkine Media
Summary The coronavirus pandemic has hurt countless companies and forced them to rethink on their business strategies and restructuring plans.
UK – Recruitment director banned after awarding himself £150k bonus prior to company’s liquidation – Staffing Industry Analysts
Daily News View All News 20 July 2020 A UK recruitment director has been banned for six years for paying
Air Serbia launches debt restructuring talks – EX-YU Aviation News
Air Serbia has commenced intensive communication with special purpose vehicles set-up by Etihad Airways in 2015 called Etihad Airways Partners
Marks & Spencer set to cut 950 jobs – Yahoo News Australia
UK High Street stalwart Marks and Spencer is to cut hundreds of jobs as coronavirus continues to hit trading.The retailer
Aussie student travel company collapses, leaving thousands in the lurch – Travel Weekly
A local travel company specialising in educational tours has gone into liquidation, citing COVID-19 and issues with its insurance company