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insolvency

Legislation fails to curb late payment problems

The amount of time companies take to settle bills has risen to its highest level since 1998, when legislation was introduced to curb the problem. The average payment period for UK companies increased to 59.5 days in the six months...

#insolvency#late payment#management

BRD announce first 5 months volume figures

In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale…

#bank#insolvency#management


Germany and France lead Europe…with insolvencies

Euro 2004 hosts, Portugal, have witnessed the highest increase in business insolvencies compared to the rest of Europe – according…

#exporters#insolvencies#insolvency


Franz Michel of Allgemeine Kredit Coface Finanze shares his...

An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…

#banks#insolvency#international


Small businesses more vulnerable to bad debt – Atradius

The risk of bad debt is an inevitable fact of business life; however, the impact of a major irrecoverable loss,…

#Atradius#insolvency#invoice


Overdue SME loans soaring

The number of overdue loans to small- and medium-sized enterprises (SMEs) jumped by nearly 50 per cent in the first…

#bank#credit risk#insolvency


Three-quarters of firms have no ratings, rely on bank...

Three out of four firms listed on the Korea Stock Exchange (KSE) had no credit ratings from domestic credit rating…

#bank#banks#insolvency


Business failures fall to a six-year low

The number of businesses going bust is set to fall to a six-year low by the end of 2005 as…

#insolvency#international#International Trade


KPMG appoint mid-market head of Corporate Recovery

A new head of KPMG’s national mid-market Corporate Recovery team has been appointed. Myles Halley is moving to the London…

#insolvency


Venture Finance expands with launch of Newcastle office

Venture Finance PLC, the asset-based financier, today extends its support for small- and medium-sized companies (SMEs) in the North East…

#insolvency#invoice#management


Record high of 100,000 German bankruptcies

German bankruptcies hit a record high last year as the fragile state of Europe's largest economy and rising private borrowing…

#economy#insolvencies#insolvency


Grant Thornton strengthens regional presence of its recovery &...

Business and financial advisers, Grant Thornton, today announced the appointment of Keith Hinds and Robert Caven as partners within its…

#insolvency#international#Two

Factoring and the hidden Winding Up Petition

by Peter Sinnett, In-house Counsel, Bermans, Lawyers Bermans was recently involved in a difficult and unusual High Court application for…

#assignment#bank#insolvency

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