BASED legal and accountancy firm HCB has appointed Rory Barrett as a director within its restructuring and insolvency
Bankruptcy Court recognized Qimonda AG's German insolvency
proceedings as a foreign main proceeding under Chapter 15 of the US Bankruptcy Code, a group of licensees, including Elpida, Samsung Electronics Co.
The call has come from Chris Wood, partner at Clough Corporate Solutions in Cleckheaton and a Yorkshire committee member of insolvency
industry body R3.
Allan Kelly, chair of R3 in the North East and a restructuring partner with Baker Tilly North East, said: "Creditor engagement is integral to the smooth running of insolvency
processes - it is a core part of a strong, fair, and trusted insolvency
regime, and the more creditors get involved, the more effective the insolvency
Jeremy Willmont, head of restructuring and insolvency
at Moore Stephens, said: "The fall in the oil price has translated into insolvencies in the oil and gas services sector remarkably quickly.
and restructuring are the focus of this year s edition of Law in Transition online, a journal published by the EBRD s Legal Transition team.
specialists have called for better protection for creditors and debtors amid fears an interest rate rise could wreak havoc.
is generally understood, from a balance sheet perspective, as a financial condition such that the sum of the entity's debts is greater than the fair value of a company's assets.
Dow Jones Newsletters (Jersey City, NJ) has launched "International Insolvency
," a weekly e-mail newsletter that covers large insolvency
and bankruptcy cases worldwide.
Less than eight months after filing for insolvency
at the end of May 2005, the drugstore chain Ihr Platz announced that it has completed its turnaround programme and can now start a new phase of growth.
com/reports/c18517 ) has announced the addition of Personal Insolvency
Law, Regulation and Policy to their offering.
What you may not know is that should the corporation approach insolvency
, these responsibilities may flip -- or gradually shift -- to the company's creditors under certain circumstances.
But foreign creditors in particular might point to additional factors to provide a possible explanation for some of the delays, such as the role of the local insolvency
laws and local legal systems as well as the involvement of the "controlling shareholders" or owners of the debtor companies.
Is it possible for a guarantor to be let "off the hook" when a debt is forgiven and avoid DOI income, and, at the same time, count the debt as a liability for insolvency
Several states are grappling with the problems related to downstream risk and the subsequent insolvency
of provider groups.