Tag Archives: insolvency

Destatis: German local courts report 1,624 business insolvencies in February 2018; 2.8% increase YoY

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

UK Gov to improve corporate governance framework and ensure the highest standards of behaviour in those who lead and control companies in insolvency

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

Atradius released its September 2013 Payment Practices Barometer; cash flow of concern

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

EBRD report: Egypt, Tunisia, Morocco and Jordan need Functioning Insolvency Systems To Support Growth

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

United Kingdom and Ireland decided to join EU Insolvency Rules

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