Results for France
- ‘Toxic’ Loans Wallop French Towns
Like several hundred cities across France, Châteauneuf-les-Martigues took out a variable-interest-rate loan in the mid-2000s to restructure debt and reduce interest payments. The loans offered very low interest rates for the first few years, before the r ...
Daily Headline - global.abi.org - 07/20/2015 - 20:36 - 0 comments
- Franco-Spanish Rail Operator TP Ferro Files For Creditor Protection
TP Ferro, the company that runs a high-speed rail link between Spain and France, filed for protection from creditors after failing to reach a debt restructuring agreement, its French co-owner said, Reuters reported. Construction firm Eiffage, which owns ...
Daily Headline - global.abi.org - 07/19/2015 - 09:48 - 0 comments
- Country Reports Winter 2014/15. Updates from Latvia, Spain, France and Romania
After two years of fierce debate a major package of amendments is going to enter into force on 1 March 2015 in Latvia. The most controversial are those relating to personal bankruptcy. Firstly, after the sale of the debtor’s dwelling that served as c ...
Resource Article - abi_admin - 06/02/2015 - 13:22 - 0 comments - 1 attachment
- Tax treatments in France
Hervé Ballone explains the tax treatment of the debt waiver granted by a mother company to its subsidiary having financial difficulties in France A company might, in certain circumstances, voluntarily waive its debt owed to a client, hence the term “ ...
Resource Article - abi_admin - 06/02/2015 - 13:23 - 0 comments - 1 attachment
- French Corporate Insolvencies Decline As Economy Picks Up Steam
which in the first three months of 2015 saw GDP growth of 0.6 percent - surpassing market expectations for a 0.4 percent expansion and the fastest growth rate for two years. The fall came despite a ...
Daily Headline - global.abi.org - 05/26/2015 - 20:56 - 0 comments
- France Plans $4.3 Billion Program to Help Young Workers
French President François Hollande said on a television interview on Sunday he’d spend at least €4 billion ($4.3 billion) on a new program that will subsidize working youth, The Wall Street Journal reported. During a wide-ranging two-hour interview o ...
Daily Headline - global.abi.org - 04/19/2015 - 19:36 - 0 comments
- HSBC Facing Criminal Investigation in French Tax Case
The British bank HSBC said on Thursday that it had been placed under formal criminal investigation by French magistrates examining whether its Swiss private bank assisted wealthy clients to avoid taxes, the International New York Times reported. Inve ...
Daily Headline - global.abi.org - 04/09/2015 - 21:20 - 0 comments
- DLA Piper - Global Insight Q1 2015 content for Global INSOLvency.com website
In recent months, the US has seen a staggering increase in the number of retailers, both large and small, filing for bankruptcy. Among others, Dots, Alco Stores, Radio Shack, Deb Shops, Wet Seal, and Delia’s have each filed for bankruptcy protection in t ...
Resource Article - twallace@abiwor... - 04/06/2015 - 10:38 - 0 comments - 0 attachments
- Article from INSOL Europe (Week 2 - 8 March 2015) GlobalINSOLvency Editorial Board
Suffering: a familiar yet hot issue We all know how much energy, imagination, dedication, audacity – if not outright adventurism – it takes to start up a new business. We also understand what this entails for business owners in terms of risk-tak ...
Resource Article - twallace@abiwor... - 04/06/2015 - 09:48 - 0 comments - 1 attachment
- France Seeking Insolvency Law Change to Speed Up Restructuring
Corporate debt restructurings will become easier in France under proposals being considered by lawmakers to restrict shareholder involvement in the process, Bloomberg News reported. France’s Parliament will begin discussions today on a reform bill to bol ...
Daily Headline - global.abi.org - 02/11/2015 - 23:43 - 0 comments