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An article by John A. Beckstead, Partner, Snell & Wilmer L.L.P., Salt Lake City Factors are often asked to finance affiliated companies in a single financing package. Most commonly, the affiliation between the companies consists only of common ownership of the...
#guarantee#guarantees#insolvency
Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…
#bank#insolvency#international
The number of limited businesses failing in the first three months of 2005 rose for the second consecutive quarter, according…
#bad debts#insolvencies#insolvency
During the first half of the year, financing offered by Limited Purpose Financial Companies (Sofoles), or non-bank banks, increased by…
#bank#banks#insolvency
Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…
#financial services#insolvency#insurance
The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…
#insolvencies#insolvency#insurance
Plans to reform the regulation of insolvency practitioners in Great Britain were set out today by The Insolvency Service. The…
#insolvency#regulation#security
During the third quarter of 2004, soaring levels of personal insolvency in England and Wales have increased by 6.2% on…
#bankruptcy#banks#insolvencies
Fortis Commercial Finance, one of Europe's top 10 invoice finance companies, is calling on UK businesses to ensure they have…
#commercial finance#insolvency#invoice
The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…
#bank#exporters#guarantees
GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…
#commercial finance#insolvency#management
There will be a large decline in the number of UK businesses going bust this year, according to insolvency experts…
#economic recovery#insolvency#interest rate
On 26 May 2004, the Court of Appeal revived the confusion of recent years by overturning the first instance decision…
#bank#financial institutions#insolvency