Latest CPA News

 logo

Australian Insolvency Reforms – The Harbour Appears Safer Than it Was – JD Supra (press release) - June 16, 2017

Australian Insolvency Reforms - The Harbour Appears Safer Than it Was JD Supra (press release) These amendments represent a significant shift in Australian insolvency laws - a shift that is expected to result in both an increase in informal restructuring and workouts and an increase in companies tha.

Read More

No easy way out: The long-term dangers of being bankrupt – The West Australian - June 16, 2017

The West Australian No easy way out: The long-term dangers of being bankrupt The West Australian And while there is a stigma associated with going bankrupt, insolvency expert with RSM Australia Greg Dudley says things have changed. “These days, lenders are more realistic dealing with discharged ba.

Read More
 logo

Australia: Bankruptcy law update: The loan agreement created a trust so avoided the preference provisions – a … – Mondaq News Alerts (registration) - June 16, 2017

Australia: Bankruptcy law update: The loan agreement created a trust so avoided the preference provisions – a ... Mondaq News Alerts (registration) On 18 March 2014, the Deputy Commissioner of Taxation presented a creditors' petition against the estate of Ms Alex after failing to comply with .

Read More

Takata preparing to file for bankruptcy – The Australian - June 16, 2017

Hindu Business Line Takata preparing to file for bankruptcy The Australian Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works towards a deal for financial backing from U.

Read More

Takata about to fall as airbag recall costs mount, reports say – Wheels Magazine - June 16, 2017

Wheels Magazine Takata about to fall as airbag recall costs mount, reports say Wheels Magazine Bloomberg has reported that the 84-year-old Japanese airbag maker is expected to file for bankruptcy protection in Japan as early as next week as it struggles to replace faulty airbags in about 100 million.

Read More

Gymboree files for bankruptcy, will close 375 stores in chapter 11 restructuring – The Denver Post - June 16, 2017

The Denver Post Gymboree files for bankruptcy, will close 375 stores in chapter 11 restructuring The Denver Post Bain led a $1.8 billion buyout of Gymboree in 2010, and launched a global expansion of the brand into China, South Korea, Australia and parts of Latin America. As of the end of April, Gym.

Read More