Opportunities to acquire distressed or insolvent businesses look set to accelerate later this year. What should buyers be thinking about? One of the surprising features of the pandemic, given the ...

There are two questions that estate planners commonly ask when they have a client in financial distress: (1) If the Debtor has a history of tithing or making other charitable contributions, can the ...

In October 2022, the Privy Council delivered its judgment in the Z Trust case of Equity Trust (Jersey) Ltd (Respondent) v Halabi (in his capacity as Executor of the Estate of the late Mdam Intisar ...

Given the economic situation at hand, the word "insolvent" might be nominated as Word of the Year (2008, 2007). However, given all the attention to that word -- which basically means one is unable to ...

Southeastern U.S. Insurance Inc. had all the trappings of a thriving little Georgia company: millions in business, fancy Atlanta offices, a star-studded advisory board and its own quail-hunting ...

The National Bank has declared Motor Bank and First Investment Bank insolvent.This is stated in the reports of the NBU, the ...

AFCA has given indefinite extensions of the insolvent licensees implicated in Shield and First Guardian, due to concerns that ...