(IN BRIEF) Invest Europe, the association representing Europe’s private equity, venture capital, and infrastructure sectors, has expressed concern over the collapse and receivership of Silicon Valley Bank on March 10, 2023. While the impact on US venture capital firms, start-ups, … Read the full press release
Posted in Banks, Belgium, Business, Financial, Investment, Small Business
Tagged HSBC, insolvency, Invest Europe, private equity, scale-ups, Silicon Valley Bank, start-ups, SVB, SVB UK, venture capital, venture capital firms
WIESBADEN, 10-May-2018 — /EuropaWire/ — In February 2018 German local courts reported 1,624 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a 2.8% increase compared with February 2017. In February 2018, the largest number of business insolvencies was … Read the full press release
Posted in Construction, Economy, Germany, Government, Law, Retail
Tagged business insolvencies, construction, Destatis, German local courts, insolvencies, insolvency, law, retail, wholesale
Government plans to improve the UK’s corporate governance framework to ensure the UK remains one of the best places to start and grow a business. Directors selling companies recklessly to face tough new sanctions including fines and disqualification Creditors could have … Read the full press release
Posted in Business, Government, Law, Management, United Kingdom
Tagged assetstripping, corporate governance framework, creditors, debts, Directors, disqualification, fines, Governance, Greg Clark, insolvency, misconduct, UK Gov
Cash flow considered biggest challenge to profitability this year Baltimore, 30-9-2013 — /EuropaWire/ — Businesses in the Americas express concern about maintaining adequate cash flow levels this year, and consider this one of the biggest challenges they will be facing. These opinions … Read the full press release
Posted in Business, Economy, Financial, Insurance, Netherlands
Tagged Americas, Atradius, Atradius Group, Atradius Payment Practices Barometer, Atradius Trade Credit Insurance NAFTA, B2B suppliers, Brazil, CANADA, cash flow, Christine Gerryn, collections agencies, credit checks, credit insurance, credit management, Days Sales Outstanding, domestic B2B receivables, foreign B2B receivables, foreign invoice collections, foreign receivables, generating sufficient cash flow, insolvency, maintaining sufficient cash flow, Mexico, NAFTA, Payment Practices, receivables, Richard Ariens, September 2013 Atradius Payment Practices Barometer, survey, U.S., uncollectable
EBRD’s Law in Transition report: Egypt, Tunisia, Morocco and Jordan need to do more to help, not kill, struggling businesses 13-5-2013 — /europawire.eu/ — There will be no real growth without working insolvency systems in Egypt, Tunisia, Morocco and Jordan, … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Law, United Kingdom
Tagged ARAB SPRING, bankrupt, bankruptcy, business rescue, Catherine Bridge, debt restructuring, EBRD, EGYPT, Financial law reform, insolvency, Insolvency Systems, JORDAN, loans, local capital markets, MOROCCO, non-performing loans, REPORT, Tunisia
Brussels, 24-4-2013 — /europawire.eu/ — Both the United Kingdom and Ireland have announced their decision to join the Commission’s proposal to modernise current EU rules on cross border insolvency, which date from 2000. The new rules aim to shift focus away from … Read the full press release
Posted in Belgium, Business, European Union, Financial, Government, Investment, Ireland, Law, Politics, Society, United Kingdom
Tagged bankrupt, bankruptcies, creditors' right, cross border insolvency, cross-border insolvency proceedings, entrepreneurs, EU Insolvency Rules, financial difficulties, insolvencies, insolvency, laws, legal, liquidation, Viviane Reding
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