Oceania

Results for Oceania

In re: Lehman Brothers Australia Limited

Fri, 01/06/2012 U.S. Bankruptcy Court Southern District of New York (Manhattan) ...

Chapter 15 New Filing - abi_admin - 01/11/2012 - 15:40 - 0 comments - 0 attachments

Global Company Failures Seen Up 3 Percent In 2012

2011. The euro zone economy should grow 0.3 percent, down from 1.6 percent last year, while emerging ...

Daily Headline - global.abi.org - 01/10/2012 - 20:46 - 0 comments

2012: The Year of Debt Restructuring

Over the next twelve months, expect unsettling developments, EconoMonitor reported. The global crisis is still unfolding, and it could escalate. Weakening growth, rising systemic risks, and contagion-prone markets are likely to enhance economic and finan ...

Resource Article - global.abi.org - 01/03/2012 - 11:20 - 0 comments - 0 attachments

Australia Home Strains

325 billion Australian dollars (US$325.6 billion), of all mortgages are on properties in which the ...

Daily Headline - global.abi.org - 12/14/2011 - 22:24 - 0 comments

Government To Strengthen Insolvency Industry

Rogue liquidators have been put on notice after the government announced new laws to protect creditors from misconduct by corporate undertakers, The Sydney Morning Herald reported. Under the changes revealed yesterday, creditors such as banks and sma ...

Daily Headline - global.abi.org - 12/14/2011 - 22:25 - 0 comments

Government To Strengthen Insolvency Industry

The federal government is providing the corporate watchdog with $11.4 million in additional funding to help strengthen scrutiny of the insolvency industry, The Sydney Morning Herald reported. Outgoing Attorney-General Robert McClelland released a sui ...

Daily Headline - global.abi.org - 12/13/2011 - 23:10 - 0 comments

Future Looks Tough For Residential Builders Hit By Cash-Flow Problems

Residential property builder National Builders Group is the latest company to be issued with an ultimatum from its bank: either refinance its loan with another bank or sell the business, The Sydney Morning Herald reported. The group, which generates ...

Daily Headline - global.abi.org - 12/12/2011 - 22:46 - 0 comments

Receivership Court Decision Welcomed

Insolvency experts are welcoming a Court of Appeal decision they say gives comfort to firms trading with a company in receivership, Stuff.co.nz reported. The wisdom of continuing to do business with a troubled entity was called into question by a dispute ...

Daily Headline - global.abi.org - 12/07/2011 - 23:07 - 0 comments

$25.5 Million Sought From Sale Of Serepisos' HQ

date of their appointment. Tenders for the building close on Dec. 6. "If a satisfactory sale ...

Daily Headline - global.abi.org - 11/29/2011 - 19:05 - 0 comments

Queensland Building Firms Hit by Insolvencies in Tough Economy

Data released by the Australian Securities and Investments Commission showed that Queensland's small business owners continue to bear the brunt of uneven economic conditions, making up more than 80 percent of the state's initial insolvency repo ...

Daily Headline - abi_admin - 11/24/2011 - 23:04 - 0 comments

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