insolvency - Latest Newshttp://news.prlog.org/tag/insolvency/insolvency - Latest News (Press Releases) - Read news before it's newsen-us3600 Massive number of downloads of an Easy-to-Read Comprehensive Guide to Insolvency in Ireland reportedhttp://www.prlog.org/12082659-massive-number-of-downloads-of-an-easy-to-read-comprehensive-guide-to-insolvency-in-ireland-reported.htmlIn excess of 1,800 copies of a guide to Insolvency in Ireland have been downloaded since its launch just over two weeks ago. Written by Debt Restructuring Expert Paul Carroll, the guide describes the various new options available. Bankruptcy For Virgin France Music Store, Says Insolvency Company IVAOnline.co.ukhttp://www.prlog.org/12082485-bankruptcy-for-virgin-france-music-store-says-insolvency-company-ivaonlinecouk.htmlThe struggle by High Street music stores to stay afloat has claimed another victim as Virgin France has filed for bankruptcy with £18m of debts, says debt management company IVAOnline.co.uk. HMV,Jessops..difficult times for the High Street- make credit control a priority for your business.http://www.prlog.org/12059496-hmvjessopsdifficult-times-for-the-high-street-make-credit-control-priority-for-your-business.htmlThe recent spectatcular high profile collapses on the high street show the importance of ensuring that debts and credit control remain a priority in 2013 because the ripples will come down the supply/business chain. The Personal Insolvency Act is now Law but with so much speculation in advance, are people confused?http://www.prlog.org/12058680-the-personal-insolvency-act-is-now-law-but-with-so-much-speculation-in-advance-are-people-confused.htmlAn Easy-to-Read Comprehensive Guide to Insolvency in Ireland is now available Wendel Rosen Partner Tracy Green Appointed to the Bay Area Bankruptcy Forum's Board of Directorshttp://www.prlog.org/12032775-wendel-rosen-partner-tracy-green-appointed-to-the-bay-area-bankruptcy-forums-board-of-directors.htmlExperienced bankruptcy and insolvency attorney to serve a three-year term. Consumer debt solutions market now approaching £400m in valuehttp://www.prlog.org/11971761-consumer-debt-solutions-market-now-approaching-400m-in-value.htmlNew research into the outlook for the UK consumer debt solutions industry quantifies the market size, identifies challenges and sets out a forecast for its future direction. Peters Elworthy & Moore (PEM) announces new Directorhttp://www.prlog.org/11933572-peters-elworthy-moore-pem-announces-new-director.htmlKate Merry to head up the Recovery department at leading Cambridge accountancy firm Peters Elworthy & Moore The Canadian Institute’s 12th Annual Forum on Insolvency & Restructuring Law Returns to Torontohttp://www.prlog.org/11894656-the-canadian-institutes-12th-annual-forum-on-insolvency-restructuring-law-returns-to-toronto.htmlKey strategies and procedures for minimizing cost & avoiding risk in the new global economy Consumer Debt Purchase study by Apex Insight reveals a £900m UK markethttp://www.prlog.org/11865727-consumer-debt-purchase-study-by-apex-insight-reveals-900m-uk-market.htmlNew research on the consumer debt purchase industry quantifies market size, historical growth and forecasts, probes trends behind the figures, profiles leading companies and sets out value drivers. Getting the turnaround funding markets movinghttp://www.prlog.org/11774406-getting-the-turnaround-funding-markets-moving.htmlTurnaround Management Association (UK) holds industry discussion with Private equity investors and lenders hosted by FRP Advisory “Rising Star” Award Honors Restructuring and Insolvency Professionalshttp://www.prlog.org/11650884-rising-star-award-honors-restructuring-and-insolvency-professionals.htmlInternational Women’s Insolvency and Restructuring Confederation Recognizes and Celebrates Entry- to Mid-Level Illustrious Women Delay in pre-pack administration changes no surprise says Business Sale Reporthttp://www.prlog.org/11638977-delay-in-pre-pack-administration-changes-no-surprise-says-business-sale-report.htmlThe announcement that the changes to the pre-pack administration process are to be delayed until next year has not come as a surprise to many, according to industry experts at the Business Sale Report (BSR). Latimer Hinks Solicitors Urge Businesses To Seek Legal Advice To Recover Debt and Prevent Insolvencyhttp://www.prlog.org/11505513-latimer-hinks-solicitors-urge-businesses-to-seek-legal-advice-to-recover-debt-and-prevent-insolvency.htmlNorth East Businesses are being urged by Latimer Hinks Law Solicitors to be aware of slow paying customers as they may push them in to debt. Businesses in debt should seek expert debt recovery and insolvency advice. Rash Debt Chasing Could be an Expensive Mistake Warns Latimer Hinks Solicitorshttp://www.prlog.org/11497348-rash-debt-chasing-could-be-an-expensive-mistake-warns-latimer-hinks-solicitors.htmlLatimer Hinks Solicitors, one of Darlington and County Durham’s longest established law firms, is urging firms suffering payment delays to avoid leaping into legal action unprepared. Pallett Valo LLP named as one of Ontario’s "Top 3" regional law firmshttp://www.prlog.org/11471022-pallett-valo-llp-named-as-one-of-ontarios-top-3-regional-law-firms.htmlPallett Valo LLP named one of Ontario’s "Top 3" regional firms by Canadian Lawyer Magazine survey Business Bankruptcy Is Avoidable By Proactive Managementhttp://www.prlog.org/11429361-business-bankruptcy-is-avoidable-by-proactive-management.htmlSpecialist Turnaround CEO Lists 4 Ways to Keep Businesses Viable FRP Advisory Secures Future of CILT, the National Centre of Languageshttp://www.prlog.org/11425245-frp-advisory-secures-future-of-cilt-the-national-centre-of-languages.htmlFRP Advisory Secures Future of CILT, the National Centre of Languages FRP Advisory LLP appointed as Administrators to the Fish Househttp://www.prlog.org/11412165-frp-advisory-llp-appointed-as-administrators-to-the-fish-house.htmlUpmarket hotel and restaurant destination enters administration Contract Risk Management: From Macondo to the World's Hot Zoneshttp://www.prlog.org/11391281-contract-risk-management-from-macondo-to-the-worlds-hot-zones.htmlReturning for its 8th year, the Advanced Contract Risk Management conference brings together the leading professionals in the industry to discuss the major issues that have developed over the last year to discuss the most pressing contract issues. FRP Advisory appointed Administrators to The Triumph Furniture Companyhttp://www.prlog.org/11372510-frp-advisory-appointed-administrators-to-the-triumph-furniture-company.html60-year-old company in South Wales enters administration FRP Advisory LLP boosts its West Midlands team with the appointment of Steve Stokeshttp://www.prlog.org/11358668-frp-advisory-llp-boosts-its-west-midlands-team-with-the-appointment-of-steve-stokes.htmlFRP Advisory LLP, the specialist restructuring, recovery and insolvency firm, has appointed Steve Stokes as an appointment taking director at its West Midlands location, based in Birmingham. W A Hills Limited falls into administrationhttp://www.prlog.org/11355942-hills-limited-falls-into-administration.htmlW A Hills Limited falls into administration, with appointment of FRP Advisory CCJ's plummet by over one quarter despite debtor days increasinghttp://www.prlog.org/11345167-ccjs-plummet-by-over-one-quarter-despite-debtor-days-increasing.htmlCCj numbers have fallen by over a third and values have plummetted by nearly £300m at a time when debtor days are increasing. Customers and Suppliers are working with each other as opposed to taking recovery action that often leads to no reward. Unemployment in Sussex will Increasehttp://www.prlog.org/11338985-unemployment-in-sussex-will-increase.htmlUnemployment in Sussex will increase, warns the professional services sector Has the government underestimated the impact of public spending cuts on the not for profit sector?http://www.prlog.org/11331985-has-the-government-underestimated-the-impact-of-public-spending-cuts-on-the-not-for-profit-sector.htmlFRP Advisory teams up with Third Sector to ask finance professionals working in the not for profit sector about their key concerns as public spending cuts start to bite TUPE decision to reduce numbers of Pre-Pack Administrations?http://www.prlog.org/11328469-tupe-decision-to-reduce-numbers-of-pre-pack-administrations.htmlTUPE will now apply to Prepack Administrations. This change is good news for employees but bad news for purchasers, Administrators and creditors of insolvent companies and could lead to an increase in liquidations. FRP Advisory opens new office in Bristolhttp://www.prlog.org/11325040-frp-advisory-opens-new-office-in-bristol.htmlFRP Advisory LLP, the specialist restructuring, recovery and insolvency firm, is expanding its national presence to the South West of England, with the opening of a new office in Bristol. FRP Advisory appointed Joint Liquidators to C H Seymour Limitedhttp://www.prlog.org/11312245-frp-advisory-appointed-joint-liquidators-to-seymour-limited.htmlFRP Advisory appointed Joint Liquidators to C H Seymour Limited (also trading as Clear View and Top of the Town) Polestar Foods appoints administrators, FRP Advisory LLPhttp://www.prlog.org/11281283-polestar-foods-appoints-administrators-frp-advisory-llp.htmlFRP Advisory LLP appointed Joint Administrators to PoleStar Foods Limited and Okehampton Desserts Limited Talk Your Way Out of Bad Debt Problemshttp://www.prlog.org/11267428-talk-your-way-out-of-bad-debt-problems.htmlSpecialists at Latimer Hinks Solicitors, one of Darlington and County Durham’s longest established law firms, believe communication can be the key to better debt management. London Restructuring Practice Resolve Partners Joins International Alliance Of Independent Firmshttp://www.prlog.org/11072496-london-restructuring-practice-resolve-partners-joins-international-alliance-of-independent-firms.htmlAppointment of City of London Boutique Restructuring Services Firm Resolve Partners LLP Adds Further Depth and Breadth to MSI Global Alliance’s UK Membership. The Canadian Institute’s 11th Annual Forum on Advanced Commercial Insolvency & Restructuringhttp://www.prlog.org/11029679-the-canadian-institutes-11th-annual-forum-on-advanced-commercial-insolvency-restructuring.htmlThis conference will provide practical strategies and critical insights to minimizing cost and risks for restructuring in a challenging economic environment. A healthy business with a debt problem – is there a way out? (Part 1)http://www.prlog.org/10997566-healthy-business-with-debt-problem-is-there-way-out-part-1.htmlBy Nick O’Reilly, Partner at FRP Advisory LLP, the specialist restructuring, recovery and insolvency firm. FRP Advisory LLP facilitates acquisition of Fusion Glass by Chelsea Artisanshttp://www.prlog.org/10983148-frp-advisory-llp-facilitates-acquisition-of-fusion-glass-by-chelsea-artisans.htmlJoint administrators, Jason Baker and Geoff Rowley of FRP Advisory, announce sale of Fusion Glass to Chelsea Artisans FRP Advisory LLP facilitates sale of £5.5m serviced offices portfolio to Pure Officeshttp://www.prlog.org/10976328-frp-advisory-llp-facilitates-sale-of-55m-serviced-offices-portfolio-to-pure-offices.htmlFRP Advisory confirms sale of ESS serviced offices portfolio to Pure Offices FRP Advisory LLP announces two Non-Executive appointments to its Boardhttp://www.prlog.org/10973690-frp-advisory-llp-announces-two-non-executive-appointments-to-its-board.htmlFRP Advisory LLP announces the appointment of Mr Nigel Guy as Non-Executive Chairman to the Board and Mr David Adams as a Non-Executive Board Member, with immediate effect. Insolvency Expert Comments on OFT Debt Management Reporthttp://www.prlog.org/10960919-insolvency-expert-comments-on-oft-debt-management-report.htmlMark Gardner, insolvency expert at Latimer Hinks Solicitors, believes that desperation can lead to people finding themselves drawn into problems with unscrupulous debt management companies. Topical factors to consider when preparing budgets for 2011http://www.prlog.org/10935901-topical-factors-to-consider-when-preparing-budgets-for-2011.htmlSimon Glyn, partner at FRP Advisory LLP, the specialist restructuring, recovery and insolvency firm, outlines the top 8 considerations managers/financial directors should consider before finalising their 2011 budgets. 300 jobs saved as FRP Advisory facilitates sale of Calyx Group to Better Capital Fundhttp://www.prlog.org/10922743-300-jobs-saved-as-frp-advisory-facilitates-sale-of-calyx-group-to-better-capital-fund.htmlFRP Advisory, the specialist restructuring, recovery and insolvency firm, facilitates the sale of the trade and assets of certain subsidiaries of Calyx Holdings Limited to a vehicle of Becap Fund LP, a dedicated fund of Better Capital Limited Calyx Group enters into administration - FRP Advisory appointed administratorshttp://www.prlog.org/10911433-calyx-group-enters-into-administration-frp-advisory-appointed-administrators.htmlThe Calyx Group and its subsidiaries were placed into administration on 3 September 2010 with the appointment to the UK and Northern Ireland entities of Joint Administrators from FRP Advisory. Survey by FRP Advisory: Post-recession hangover will linger warns the professional services sectorhttp://www.prlog.org/10901993-survey-by-frp-advisory-post-recession-hangover-will-linger-warns-the-professional-services-sector.htmlA recent poll by restructuring, recovery and insolvency specialists, FRP Advisory LLP, shows that the majority of professionals surveyed, in the financial and legal sectors, believe the worst effects of the recession are still with us. Bar Vasa continues to welcome patrons, says FRP Advisoryhttp://www.prlog.org/10899873-bar-vasa-continues-to-welcome-patrons-says-frp-advisory.htmlBar Vasa in Folkestone is open for business as usual, despite entering into receivership in June. FRP Advisory LLP appointed administrators. How long will the time to pay door stay open?http://www.prlog.org/10899407-how-long-will-the-time-to-pay-door-stay-open.htmlSpecialist restructuring, recovery and insolvency firm, FRP Advisory LLP, discusses HMRC's Business Payment Support Service, or TTP scheme. R3 comments on the disqualification of the directors of Wrapithttp://www.prlog.org/10885101-r3-comments-on-the-disqualification-of-the-directors-of-wrapit.html“We welcome the announcement that the two directors of Wrapit have been disqualified for a total of 15 years by the Insolvency Service – they caused untold misery to engaged couples expecting gifts for their big day. Top Ten Tips - To Help People Get out of Debthttp://www.prlog.org/10870936-top-ten-tips-to-help-people-get-out-of-debt.htmlLatimer Hinks Solicitors Partner Mark Gardner has drawn up a ten-point action plan to help people survive the recession as massive job cuts and business closures loom. Survey by FRP Advisory shows private sector growth not strong enough to absorb public sector cutshttp://www.prlog.org/10852308-survey-by-frp-advisory-shows-private-sector-growth-not-strong-enough-to-absorb-public-sector-cuts.htmlSpecialist restructuring, recovery and insolvency firm, FRP Advisory LLP, issues findings following survey of senior managers and partners from banks, commercial lenders and law firms. FRP Advisory raises £5,800 in 29-hour charity hikehttp://www.prlog.org/10831369-frp-advisory-raises-5800-in-29-hour-charity-hike.htmlFRP Advisory team members walk 100km's to raise money for Oxfam and the Gurkha Welfare Trust FRP Advisory facilitates sale of Aston Rothbury Factorshttp://www.prlog.org/10819718-frp-advisory-facilitates-sale-of-aston-rothbury-factors.htmlSpecialist restructuring, recovery and insolvency firm, FRP Advisory LLP, has announced it has secured the sale of the client portfolio of Aston Rothbury Factors to Bibby Financial Services. Retail sector saw record business failures in 2009http://www.prlog.org/10735885-retail-sector-saw-record-business-failures-in-2009.htmlBusiness failures in the retail sector last year hit record levels not seen since the 90s recession, according to the latest Industry Watch report by accountants and business advisors, BDO LLP and the Centre for Economics and Business Research (CEBR) Legitimate Bankruptcy Alternatives - How To Avoid Bankruptcyhttp://www.prlog.org/10733891-legitimate-bankruptcy-alternatives-how-to-avoid-bankruptcy.htmlBankruptcy is an option an individual in dire financial difficulty would be forced to take. This is considered as the last debt management tool or resort a debtor could ever take because of the stigma that comes with its implementation.