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26/03/2021
Rodgers Reidy

What is the Fair Entitlement Guarantee scheme?

The Fair Entitlements Guarantee (“FEG”) is a scheme introduced by the Australian Government for employees who have lost their job due to their employer being either declared bankrupt or placed into liquidation. In circumstances where the insolvent employer is unable to meet outstanding entitlements owing (excluding superannuation), the FEG scheme will act as a safety net for these employees and will pay these entitlements in accordance with the Fair Entitlements Guarantee Act 2012 (FEG Act).
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Early year collapse in the UK’s trading volumes with the EU is not a harbinger of things to come

UK goods trading with the EU fell substantially in January. UK goods exports and imports to the EU plunged by £5.6bn (41%) and £6.6bn (29%) respectively, according to the Office for National Statistics (ONS), in the most precipitous monthly decline since records began in 1997.
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17/03/2021
BTG

New Guernsey Office for BTG Global Advisory

BTG Global Advisory founding member, Begbies Traynor Group plc has today completed the acquisition of David Rubin & Partners Limited. This represents the largest acquisition the Group has undertak

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16/03/2021
Rodgers Reidy

Lunch n Learn Webinar - Strained Relations

The current trade war with China and what it means for Australia As we leave the Year of the Water Rat for the Metal Oxen, we leave behind a year of anxiety and change for one of hard work and stability. To better understand what is happening, where it may end and maybe some tips on navigating the maze, we've put together a panel of experts on trading with China for our next Lunch n Learn session.
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16/03/2021
BTG

Head Of Begbies Traynor Group Cyprus Office Is Granted Cypriot Insolvency Practitioner Licence

Darren Reeds, head of Begbies Traynor Group’s office in Cyprus has been awarded a Cypriot Insolvency Practitioner Licence. The licence was granted by the Cyprus regulatory body, The Cypriot Insolven
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15/03/2021
GlassRatner

Exclusive Advisor to Special Committee of Brampton Brick Limited

Farber Corporate Finance Inc. acted as the exclusive financial advisor and provided a fairness opinion to the Special Committee of the Board of Directors of Brampton Brick Limited.

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10/03/2021
BTG

Sunak’s ‘spend big now, tax big later’ Budget

More than 20 million people around the UK have now received a first dose of the Covid-19 vaccine, marking the fourth-highest vaccination rate worldwide. The UK government aims to extend coverage to everyone over 50 or at risk by 15 April and all adults by 31 July. It paves the way for Prime Minister Boris Johnson’s new four-step “roadmap” to ease England’s lockdown.
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05/03/2021
Rodgers Reidy

Australian Insolvency - February 2021

The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for February 2021 including:
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03/03/2021
BTG

Chancellor discontinues flagship Bounce Back Loan Scheme amid flurry of new fiscal measures

Chancellor Rishi Sunak announced the dissolution of the UK government’s highly popular Bounce Back Loan Scheme (BBLS) in his Budget this lunchtime, which included £65 billion in new fiscal measures to support the UK’s economic recovery from the pandemic.
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02/03/2021
GlassRatner

Thinking about exiting your business? Don’t let a pandemic stop you

There’s no doubt the pandemic has disrupted most businesses’ strategic plans, but if you’ve been thinking of exiting your business, now could be the ideal time. Glenn Bowman and Barbara Cowper explain why and provide a step-by-step guide for getting started.

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01/03/2021
GlassRatner

B. Riley adds compliance, risk & resilience consulting practice led by Scott Corzine and Duane Lohn

B. Riley Financial, Inc. (NASDAQ: RILY), a leading provider of financial services and business advisory solutions, today announced the addition of a Compliance, Risk and Resilience practice to its financial consulting division, B. Riley Advisory Services.
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25/02/2021
BTG

Defeating zombification of the UK economy is an urgent challenge

The origin causes of ‘zombie’ firms will maintain pressure on banks, and the government, to exercise a greater fiduciary duty in managing distressed SMEs and corporates. This will skew banks’ preferred strategy towards corporate turnarounds, rather than insolvencies, in the management of defaulted loans.
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22/02/2021
Rodgers Reidy

Australian Insolvency - January 2021

The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for January 2021 including:
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