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Richard Turton Award 2015

We are delighted to announce that the winner of the Richard Turton Award 2015 is Waiswa Abudu Sallam from Uganda.  Waiswa works for the Uganda Revenue Authority in the Debt Collection Department. He…

INSOL International Graduates

INSOL International is pleased to announce the sixth graduating class of the Global Insolvency Practice Course. The successful participants are now formally recognised as a Fellow, INSOL International.

New Insolvency Office Holders forum launched

During INSOL Europe’s AGM at the Annual Congress in Istanbul (October 2014), Catherine Ottaway (INSOL Europe’s President at the time) announced the decision to create a new forum focused on insolvency…

Technical Publications

INSOL Europe offers a range of publications in our Technical Series, arising from events organised by the INSOL Europe Academic Forum and the Judicial Wing of INSOL Europe. See the latest publications…

Spain's troubled "renewable energy company Abengoa": is said to have "begun insolvency… Overdue debt collection, faulty cash flow management, high loan rates and low investment results are among the leading reasons companies in Romania entered the insolvency procedure in 2015, shows a study by Coface. Overdue debt collection is one of the main reasons listed by the study as creating problems for companies, as it leads to liquidity problems and delays in payments. While this was a general issue observed in insolvent companies, 89 percent of the companies that have obtained the Excellent SME... The European Central Bank (ECB) has asked for feedback on draft regulations that aim to finalise the harmonisation of banking regulation across the European Union. More than £100m has been repaid to creditors under a Scottish government debt scheme since 2011, according to new figures. Implementation of the Bank Recovery and Resolution Directive (BRRD) across Europe is inconsistent, delayed and increases uncertainty for the creditors of banks, credit rating agency Moody's has said. Payments made to footballers and executives at the former Rangers Football Club (RFC 2012), now in liquidation, were "a mere redirection of emoluments or earnings" which should have been "subject to income tax", a Scottish court has ruled. Serbia's Transport Minister Zorana Mihajlovic has said that Serbian Railways will shed 6,100 jobs in the next five years. She said at the Regional Investment Forum in Arandjelovac on Thursday that this was a part of the financial restructuring program of the public enterprise which had been divided into three enterprises, under the IMF program: Srbija Voz, Srbija Kargo and Srbija Infrastruktura. The number of companies going bust in England and Wales has fallen 10 percent year on year, according to The Insolvency Service. The number of people being declared insolvent in England and Wales has risen for the first time in more than a year.
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