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Academic Forum Joint Insolvency Conference Nottingham 2015 - Registration Now Open

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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…

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Greece cannot make debt repayments to the IMF next month unless it achieves a deal with creditors, its interior minister said yesterday, the most explicit remarks yet from Athens about the likelihood of default if talks fail. Nikos Voutsis says the government cannot raise enough money to pay pensions and its creditors LONDON, May 24 (Reuters) - Greece has made "enormous strides" at reaching a deal with its international lenders to avert bankruptcy, Greek Finance Minister Yanis Varoufakis said on Sunday. Greek Prime Minister Alexis Tsipras said yesterday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity. After four months of talks with its eurozone partners and the International Monetary Fund, Athens is scrambling for a deal that could release up to €7.2 billion in remaining aid to avert bankruptcy as it remains shut out of bond markets. Talks have stumbled over pensions, labour... Greece is ready to accept a "viable and long-lasting" deal with lenders but not on "humiliating terms," Prime Minister Alexis Tsipras has told his ruling Syriza party. Syriza's first four months in power have been dominated by negotiations with the heavily indebted country's creditors, including the European Union and the International Monetary Fund. Although he said negotiations had entered a final stretch, Mr Tsipras hinted there was much ground still to be covered and said the Greek people cannot take... MOSCOW, May 22 (Reuters) - One of Russia's richest men, Vladimir Potanin, has been named a co-defendant in a case in which state development bank VEB is seeking damages for losses from the liquidation of a company in which he indirectly owned a stake, the finance ministry said. German finance minister Wolfgang Schauble said yesterday the Greek government’s optimism about clinching a cash-for-reforms deal with its lenders within days was not backed up by negotiations and he could not rule out Greece becoming insolvent. Partners at accountancy firm, KPMG are charging the State €295 per hour for their work on the liquidation of the former Anglo Irish Bank. RIGA, May 22 (Reuters) - Greek Prime Minister Alexis Tsipras held talks on Athens' debt crisis with the German and French leaders but won little more in public than a reminder he needs to do more to secure funds urgently needed to avert bankruptcy. Insolvent German module manufacturer Solar-Fabrik has said it is to reduce its workforce by 65 jobs as it continues to search for an investor to rescue the company.
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