Page 5 - Van Dessel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Call for proposals to rescue small businesses to focus on those with viable futures Leading insolvency practitioner argues against excluding some creditors from the process about an hour ago   New proposals to rescue small businesses in the wake of the Covid-19 crisis must focus on those with viable futures, a leading insolvency practitioner has warned. The Company Law Review Group (CLRG) has been seeking views on proposals for a scheme to rescue financially-troubled small businesses that avoids the need for court hearings but, like examinership, gives the enterprise temporary protection fr...

Updated / Thursday, 1 Apr 2021 15:14 The services sector recorded the highest number of corporate insolvencies in the first quarter of 2021 at 52 111 corporate insolvencies were recorded in Ireland in the first quarter of this year, according to the latest figures published by Deloitte. This represents a decrease of 30% from the same quarter in 2020, when 159 incidents were recorded. According to Deloitte, this lower level of insolvency activity is likely to be influenced by the measures introduced by the government to support struggling companies and their employees through the Covid-19 pan...

A Victory for Farmers in a David-and-Goliath Environmental Case An appeals court said a small group of farmers in the Niger Delta region whose livelihoods were affected by oil spills in 2006 and 2007 should receive payouts. The Bonny oil terminal, operated by Shell, in Port Harcourt, Nigeria. The ruling found that a subsidiary of the company had acted unlawfully by allowing the leaks to occur.Credit...Ron Bousso/Reuters Jan. 29, 2021 A Dutch court ruled on Friday that a subsidiary of the British-Dutch multinational Royal Dutch Shell was liable for oil spills in the Niger Delta in Nigeria in 2...

A marginal increase in corporate insolvencies was recorded in Ireland in 2020, according to the latest insolvency statistics published by Deloitte.