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bankruptcy

Bankruptcies fall but danger ahead

Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank, as a mild economic recovery and banks' reluctance to cut off ailing firms helped limit failures. Teikoku Databank warned that...

#bankruptcy#banks#economic recovery

Capital Factors Inc. wins US District Court judge’s support...

Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…

#bankruptcy#Paid


Business failures rise by 16 per cent

German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…

#bankruptcy#banks#economy


More Brunei businessmen facing bankruptcies ask government help

The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…

#bank#bankruptcy#banks


Freight bill factor files Chapter 7

A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…

#3M#bankruptcy#Bill


Company winding up and bankruptcy petition statistics

The Lord Chancellor's Department today published statistics for company winding up, and creditors' and debtors' bankruptcy petitions issued in the…

#bankruptcy#insolvency


Med Diversified receives bankruptcy court approval for post-petition factoring...

Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…

#acquisition#bankruptcy#management


Fraud allegations against factor topples bank executives

Nils Moe, chief executive of Nordlandsbanken, resigned today in the wake of huge losses tied to the bank's dealings with…

#bank#bankruptcy#banks


Pretrial Activity on Lawsuit against Regions Bank and Southwest...

Attorneys for Regions Bank won a pretrial battle Tuesday in a lawsuit brought by two Texarkana health professionals who claim…

#bank#bankruptcy#receivables


Quarterly Business Failure Rate Begins to Rise

The number of businesses going bust increased by more than 15% in the second quarter of this year (compared with…

#bankruptcy#insolvency#management


KBK Capital Corporation to Report Loss in First Quarter...

The Fort Worth-based provider of financial services, including factoring, KBK Capital Corporation, announced on 6 April that they expect to…

#bankruptcy#banks#financial services


UK Government Proposes Easier Approach to Business Failures

As part of its desire to create and develop a more business friendly culture the UK Department of Trade and…

#bankruptcy#trade#WHO


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