Banruptcy cases soar in Colchester BrainTree and Witham Times, UK Figures from the Ministry of Justice show 178 people filed for bankruptcy in the first three months of 2009 – 56 per cent more than for the same period last year. Nationally, the first quarter of the year saw an increase of 33 per cent. …
Crave Tablet PCs: Can we please calm the hype? Crave In the first half of 2009, Ugobe filed for bankruptcy , pushing dinosaurs into their second extinction in as many epochs. It’s now 2010, and we’re seeing …
Miners lead the way as FTSE 100 regains all its Lehman losses The Guardian The index had stood at 5416.7 ahead of Lehman’s bankruptcy , and this is the first time since then it has ended the day above that level. … and more »
My IVA Adviser ivas may be the first step to positive credit ratings My IVA Adviser However, turning to IVA advice could reassure Britons that, for example, their home could be protected, while unlike bankruptcy , an IVA is kept as private … and more »
Sean O’Grady: Forget about ‘V’ for victory, this recession is more … Independent, UK Broadly speaking, in the first stage of recession we had the credit crunch shredding confidence, the banking system, trade and consumer and business spending. We also endured a savage but shortish episode of “destocking” – where retailers and …
American Apparel sales up 2.4% Inteletex, UK … customer which was in the process of an exchange offer with bondholders to restructure its debt to avoid a bankruptcy filing. Online consumer sales fell by 5.5% to $8.2m in the first quarter 2009 compared with $8.6m for the first quarter of 2008. …
Banga demolishes Citi’s Asia-Pac silos Euromoney Magazine, UK One of the most over-leveraged of US investment banks, Bear Stearns, was being bundled up and sold for a song to JPMorgan; another, Lehman Brothers, was but months from unwitting bankruptcy . In the UK, “bailout” was still a dirty word, …