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EUROPEAN UPDATE: Strengthening Pre-Insolvency Tools: A U-Turn in Spain’s Restructuring Legislation

EUROPEAN UPDATE: Strengthening Pre-Insolvency Tools: A U-Turn in Spain’s Restructuring Legislation (citation: Adam Gallagher, Jesús López Bragado and Jorge Puyol, Strengthening Pre-Insolvency Tools: A U-Turn in Spain’s Restructuring Legislation, XXXIII ...

Resource Article - abi_editor - 08/29/2014 - 16:52 - 0 comments - 0 attachments

London Property Market Falters as Buyers Resist Higher Prices

Across England and Wales, values grew 0.1 percent in August, the same as in July, bolstered by gains in ...

Daily Headline - global.abi.org - 08/28/2014 - 21:34 - 0 comments

Court Rejects Creditor Protection For Saab Carmaker NEVS

A Swedish court on Thursday rejected an application from China's National Electric Vehicle Sweden (NEVS), which bought bankrupt car maker Saab in 2012, for protection against creditors while it concludes funding talks, Reuters reported. The court ca ...

Daily Headline - global.abi.org - 08/28/2014 - 21:34 - 0 comments

Will Germany Let Europe Save Itself?

This week’s theatrical resignation threat by Manuel Valls, the French prime minister, combined with the deep anxiety about deflation revealed at Jackson Hole, Wyo., by Mario Draghi, the president of the European Central Bank, suggest that the euro crisis ...

Daily Headline - global.abi.org - 08/28/2014 - 21:35 - 0 comments

Finland 2015 Budget Will Violate EU Rules, Official Says

in check, limit euro area members' structural public deficits to less than 0.5% relative of ...

Daily Headline - global.abi.org - 08/28/2014 - 21:35 - 0 comments

New Framework For Sovereign Defaults

A group representing more than 400 of the world’s largest banks, investors and debt issuers has agreed a plan for dealing with financially stricken countries and their creditors, in a bid to prevent a repeat of the wrangling that has pushed Argentina int ...

Daily Headline - global.abi.org - 08/28/2014 - 21:36 - 0 comments

Complaints Against Insolvency Practitioners Rise 25 Percent

Almost 1,000 complaints were made against insolvency practitioners in the last 12 months, representing an increase of 25% on the previous year, according to figures from the Insolvency Service, Accountancy Age reported. The Insolvency Service reveale ...

Daily Headline - global.abi.org - 08/27/2014 - 21:42 - 0 comments

Liquidators To Sell Anglo And Nationwide Staff Loans

IBRC’s special liquidators are gearing up to sell off loans owed by past and current staff of Anglo Irish Bank and Irish Nationwide with a face value of €30 million, the Irish Times reported. The sale is expected to attract interest from private equi ...

Daily Headline - global.abi.org - 08/27/2014 - 21:57 - 0 comments

Nama And Ulster Bank Seek To Block Dunne’s Bid To Stop US Bankruptcy Case

Sean Dunne’s two biggest creditors and the US court official investigating his financial affairs have objected to the insolvent property developer’s application to withdraw his US bankruptcy case, the Irish Times reported. At a hearing in a Connectic ...

Daily Headline - global.abi.org - 08/27/2014 - 21:57 - 0 comments

Judgment May Impact Future Company Liquidations

A judgment that may have significant ramifications for the Revenue Commissioners in future company liquidations has been handed down in the High Court by Mr Justice Dan Herbert, the Irish Times reported. The Revenue had asked the court for an order s ...

Daily Headline - global.abi.org - 08/27/2014 - 21:27 - 0 comments

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