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A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor Finance Credit. KPMG had audited some of the biggest companies in the Finance Credit system. The bank, Sparebanken Vest, and...
#bank#bankruptcy#banks
Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…
#bankruptcy#banks#economic recovery
Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…
#bankruptcy#Paid
German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…
#bankruptcy#banks#economy
The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…
A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…
#3M#bankruptcy#Bill
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 Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…
#acquisition#bankruptcy#management
Nils Moe, chief executive of Nordlandsbanken, resigned today in the wake of huge losses tied to the bank's dealings with…
Attorneys for Regions Bank won a pretrial battle Tuesday in a lawsuit brought by two Texarkana health professionals who claim…
#bank#bankruptcy#receivables
The number of businesses going bust increased by more than 15% in the second quarter of this year (compared with…
#bankruptcy#insolvency#management
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
As part of its desire to create and develop a more business friendly culture the UK Department of Trade and…
#bankruptcy#trade#WHO