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Access EIR Case Register for Updates

Access the EIR Case Register for Updates - Now with over 500 cases added.

INSOL Europe Turnaround Wing Guidelines now published

The 'INSOL Europe Turnaround Wing Guidelines for Restructuring and Turnaround Professionals' have now been published. The guidelines were developed in 2015 by INSOL Europe’s Turnaround Wing, through…

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…

News
Ever since Venezuelan government agents put up a giant "Sale" sign in his storefront, crowds have been lining up outside Juan Vieira's shoe shop. But he's having a hard time getting into the Christmas spirit. "What good is it to sell shoes if I'm giving away my product?"Whither the social contract between citizens and their governors? asks Michael Clifford INM CEO Robert Pitt, INM chairman Leslie Buckley, Ryan Preston, and Jerome Kennedy. Picture: Gareth Chaney Collins THE pensions row at INM (Independent News and Media) is a reminder of how brittle is the social contract.The Government has been urged to increase the number of educational psychologists across the country by 60% due to the volume of children needing psychological support. According to Impact trade union, which represents members of the National Educational Psychological Service, 15%-20% of students have significant emotional or behavioural issues and are reliant on schools to help meet their needs.Katie Taylor is aiming to record her second professional win in double-quick time tonight, while the Bray woman’s opponent, Viviane Obenauf, has joked that she will not resort to any Mike Tyson ear-biting tactics in a bid to cause a shock upset. Former Olympic champion Taylor has her second pro contest this evening just two weeks after her successful paid debut, with this evening’s undercard bout against Obenauf in the live TV ‘float bout’ on a Sky Box Office fight card.Fitch Ratings has upgraded Malta-based FIMBank’s Long-Term Issuer Default Rating (IDR) to ‘BB’, from ‘BB-’, and its Support Rating to ‘3’ from ‘5’. The rating agency also confirms the outlook for the bank as being stable. It took into account the demonstrated record of capital and funding support provided to FIMBank by Kuwaiti-based Burgan Bank, and its sister bank, Bahrain-based United Gulf Bank, as well as the increased management and operational integration of FIMBank with Burgan Bank.Talks between Belize and creditors over a potential restructuring of the country’s US$530m 2038 bond kicked off in New York this week, according to sources close to the matter. At the meeting, officials from the Central American country indicated that they intend to move quickly to ease their debt burden, which weak growth, large fiscal and current account deficits have made harder to service.Greece’s major creditor, the European Stability Mechanism, is hopeful that the country can return to the bond markets within the next 20 months but bankers remain sceptical that it will do so in time to refinance the first of its post-restructuring bonds, which comes due next July.Debt-ridden Mozambique has no chance of meeting its year-end deadline for a restructuring deal, according to investors who are preparing to dig in their heels until the country comes clear on what it owes and to whom. The southern African country, one of the world’s poorest, has seen its currency and investor confidence collapse since April, when the International Monetary Fund halted a loan after uncovering previously undisclosed debts that had not been approved by parliament.The political turmoil engulfing South Korea could spur a variety of opportunities in the country’s equity capital markets as business leaders adapt to a new operating environment. Allegations of corruption at the highest levels of government and industry have left the country mired in scandal and brought large crowds of protesters on to the streets.A presidential source told EUobserver the 75-year-old head of state is expected to make announcements on Monday (12 December), two days after finishing a 48-hour round of talks aimed at informing his pick for the next prime minister. Mattarella, who is working his way through a grueling schedule of 23 separate meetings with leaders of all parties, including the tiniest groups in parliament, will finish up on Saturday with the big players: Renzi’s Democratic Party (PD), the anti-establishment Fiv...