Bankruptcy

Banking, Blockchain, Commercial Awareness, Digitalisation, Entrepreneurial, Finance
The disruption of the financial industry

By Carsten Lexa on November 6, 2018

Note: This article is a collective work by the futurologist Jens Hansen and digital expert Carsten Lexa. Digitization brings us disruptions in a wide variety of industries. Newspaper publishers, video rental companies, retailers, bookstores — all have already undergone a major transformation. The change in the retail business for books was particularly bad especially in the USA. In 2011 the… Continue reading "The disruption of the financial industry"
Bankruptcy/Insolvency/Restructuring, Shipping
Placing the Hanjin bankruptcy in a global shipping industry context

By Ainsley Brown on September 17, 2016

To understood the Hanjin bankruptcy is to understand the current state of the global shipping industry. And if Hanjin is any thing to go by, and it is, the picture isn't good. However, it is not all doom and gloom as the shipping industry is in the process of reorganizing itself and of this Hanjin saga is simply a part.
Bankruptcy/Insolvency/Restructuring, Shipping
A lifeline for Hanjin or a delay of the inevitable?

By Ainsley Brown on September 14, 2016

Will giving Hanjin more time to develop and submit a rehabilitation plan to the court give it the 'breathing space' needed to come up with a viable plan to say afloat? Or is it just delaying the inevitable? I guess we will have to wait unit December to find out.
Bankruptcy/Insolvency/Restructuring, debt, Economy, Government Policy, Regulation
UK Office Of Fair Trading Reviewing The High Cost Of Business Insolvency

By Ainsley Brown on December 28, 2009

By: Ainsley Brown The Office of Fair Trading (OFT), the agency charged with policing trade practices – read unfair trade practices – has launched a study into the high cost associated with business insolvency. The study will focus on the way insolvency practitioners, namely accountants and lawyers are appointed and how they set their fees. The importance of the study… Continue reading "UK Office Of Fair Trading Reviewing The High Cost Of Business Insolvency"
Asset Management, Bankruptcy/Insolvency/Restructuring, debt, Economy, Investment, Litigation
UK New Supreme Court Hands Down Its First Business Case Ruling: The Sigma SIV

By Ainsley Brown on November 5, 2009

By: Ainsley Brown The UK’s highest court, its new Supreme Court – new in name only, it still has the same functions as the old House of Lords – has handed down its first business case ruling. And it is a significant one, not just for those directly affected by the ruling but also within the wider UK and international… Continue reading "UK New Supreme Court Hands Down Its First Business Case Ruling: The Sigma SIV"
Bankruptcy/Insolvency/Restructuring, Litigation
Creditors Of Lehman Brothers’ European Division Will Just Have to Wait A Bit Longer To Recovery Their Money

By Ainsley Brown on August 24, 2009

By: Ainsley Brown The English High Court has scuttled a plan for quick payouts to creditors by the administrator’s of Lehman Brothers’ European arm. PricewaterhouseCoopers (PwC), the administrator is now carefully studying the judgment and weighing it options i.e. should it appeal or not. In either case Lehman Brothers’ creditors face delays in recovering their assets. The ruling affects some… Continue reading "Creditors Of Lehman Brothers’ European Division Will Just Have to Wait A Bit Longer To Recovery Their Money"
Bankruptcy/Insolvency/Restructuring, Corporate, Mergers and Aquisitions
Swedish Carmaker Saab Being Eyed By Several Potential Buyers

By Ainsley Brown on April 20, 2009

By: Ainsley Brown In court papers presented to creditors in early April, the Swedish car maker, Saab explained that it has had extensive contacts with about 20 potential buyers. Saab, which is being cut lose by General Motors (GM) as part of its own restructuring efforts, filed for bankruptcy in February. In filing for bankruptcy Saab is hoping to buy… Continue reading "Swedish Carmaker Saab Being Eyed By Several Potential Buyers"

Tag: Bankruptcy

The disruption of the financial industry

Placing the Hanjin bankruptcy in a global shipping industry context

A lifeline for Hanjin or a delay of the inevitable?

UK Office Of Fair Trading Reviewing The High Cost Of Business Insolvency

UK New Supreme Court Hands Down Its First Business Case Ruling: The Sigma SIV

Creditors Of Lehman Brothers’ European Division Will Just Have to Wait A Bit Longer To Recovery Their Money

Swedish Carmaker Saab Being Eyed By Several Potential Buyers