We conduct various examinations around the information content of the tone conveyed by textual disclosures in unstructured UK annual reports and the probability of corporate bankruptcy. We document that firms that communicate a more net positive tone are associated with lower bankruptcy risk. Importantly...
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Bankruptcies are not always the same as insolvencies. In some countries, the term may only apply to specific entities. For example, in the UK, the law limits bankruptcies just to people. In the US, on the other hand, the term has a broader meaning. In fact, Americans use the term for...
The group warned of apossible filing last monthwhen it said management was weighing restructuring options including "a possible voluntary Chapter 11 filing in the United States and associated ancillary proceedings in other jurisdiction." Cineworld, the owner of Regal Cinemas based in the UK, filed ...
The flurry of failures has prompted SIGOMA, a group of 47 urban councils within the Local Government Association, to warn that around 1 in 10 local governments in the UK could declare bankruptcy in the coming months, threatening services such as cultural programs, education, libraries, local ...
Bankruptcy is a type of insolvency, whereby a debtor cannot pay their debts as they fall due. In the United Kingdom (UK) the term only applies to individuals; administration or liquidation is the term applied to companies or organisations. It can be self-petitioned or can be imposed by th...
Research, commissioned by the charity Twins Trust and carried out by Per Capita, found raising multiples is more difficult in the UK than in almost any other advanced OECD economy, due to the lack of additional support. "Triplet mums just need extra hands," said Monique, 39, from ...
Up until now, the number of self-adjudications in Ireland has been very low, only eight from January to November 22nd this year. However, in the UK, which has a one-year automatic discharge, 85 per cent of bankruptcies are self-adjudicated. In the last two weeks,...
(#8) MOTION FOR SALE OF PROPERTY FREE AND CLEAR OF LIENS(FEE) DEBTOR'S MOTION FOR ENTRY OF AN ORDER (A) APPROVING BID PROCEDURES IN CONNECTION WITH THE SALE OF SUBSTANTIALLY ALL OF THE DEBTORS ASSETS, (B) APPROVING THE FORM AND MANNER OF NOTICE THEREOF, (C) SCHEDULING AN AUCTION AND...
Alan Nieczyporuk Attorney Natalie Thorp Jr. Partner Kimberly Brown Attorney Darin Wisehart Attorney Sarah Bain Attorney Olivia Raymond-Williams Attorney Timothy Downin Attorney Christy Carpenter Limited License Legal Technician Shanni Moore Paralegal Eryn Sisson Paralegal Lauren Antrim Associa...