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...
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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...
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 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...
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...
The firm recently represented Cimolai after it filed for bankruptcy in Italy, which gave rise to cross-border recognition proceedings in the UK and US. Immediately after joining the case, we successfully obtained an interim stay of the claims in the UK, followed by recognition of the Italian ...
https://www.british-history.ac.uk/commons-jrnl/vol9. 12 February 1678 and 16 February 1678. 35. Reasons offered by several of the creditors of Richard Thompson and partners. 36. The Poems and Letters of Andrew Marvell, vol. 2. 215. 37. LMA: CLC/526/MS30004/005. 77, 89. 38. ...
The bankruptcy is one of the biggest in Swedish corporate history, and the most high-profile since carmaker Saab Automobile more than a decade ago. It is a huge blow to Sweden's north, particularly the small town of Skelleftea, home to the Northvolt Ett factory. Europe's auto sector ...