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bankruptcy

Hermes considers action to recover debt from Russian bank

Germany's Euler Hermes Kreditversicherungs (Hermes) credit insurance agency plans to sue bankrupt commercial bank Inkombank to recover past debts from the bank, Alexander Braun, Hermes’ representative, said in an interview with Prime-Tass yesterday. Braun said German banks wanted to use...

#bank#bankruptcy#Commerzbank

EBRD report upbeat about economy but criticizes bankruptcy laws

The European Bank for Reconstruction and Development (EBRD) has identified flaws in the legal framework for business and the bankruptcy…

#bank#bankruptcy#insolvency


VUB investigated over Konsult Real Company loans

The Slovak Police unit for investigating extra-serious crimes is reported to have detected several crimes linked to the Vseobecna uverova…

#bank#bankruptcy#Exim Bank


Industrial Bank of Korea to lend 1,000bn won to...

The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in…

#bank#bankruptcy#Clear


World Bank study at odds with FDI Confidence Index

Poland has jumped up the world league of countries that are attractive to foreign direct investment (FDI), according to AT…

#bank#bankruptcy#investment


Imminent Enterprise Act will help boost rescue culture

The Enterprise Act 2003, due to come into force on 15 September, will introduce a number of positive changes that…

#bankruptcy#banks#Boost


Small businesses in varying stages of recovery, two years...

Whether they were located near the World Trade Centre or Pentagon or hundreds or thousands of miles away, small businesses…

#bank#bankruptcy#small business


Government rescue of state firms “sacrifice SMEs” while Economy...

Criticism is levelled at the government by small- and medium-sized enterprise (SME) proprietors due to the methods employed to save…

#bankruptcy#economy#Jobs


Daisytek Australia and ISA International (UK) appoint voluntary administrators...

Daisytek International Corp. said the boards of its subsidiaries in the UK and Australia each appointed a voluntary administrator to…

#bankruptcy#commercial finance#guarantee


Bank sues KPMG over Finance Credit fraud scandal

A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor…

#bank#bankruptcy#banks


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,…

#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

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