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Dublin: 12 °C Saturday 25 May, 2013

Bankruptcy

# bankruptcy - Thursday 23 May, 2013

Abuse victims to receive $16.5m as Christian Brothers declare US bankruptcy

Two corporations behind the ‘Irish’ Christian Brothers will enter ‘Chapter 11′ bankruptcy, which allows them to reorganise.

# bankruptcy - Friday 19 April, 2013

Column: The insolvency process should be a competent public system that ensures everyone has access

The Personal Insolvency Practitioners (PIP) will not be given prescriptive rules around charges, meaning the person who is really in trouble and has no funds could be left on the insolvency scrap heap, writes David Hall, who says there are a number of issues that need to be changed immediately.

# bankruptcy - Sunday 31 March, 2013

Sean Dunne declares bankruptcy in US

The former property devleoper filed for bankruptcy at a Connecticut court on Friday, citing assets of between $1 – 10 million and debts in the region of $500 million – $1 billion.

# bankruptcy - Tuesday 19 March, 2013

Nearly twice as many Irish travelled to UK for bankruptcy proceedings in 2012

129 people travelled in 2012, compared to just 69 in 2011. Just 35 people were declared bankrupt in Ireland in 2012.

The 9 at 9: Tuesday

Good morning. Here are the nine stories you need to know as you start your day.

# bankruptcy - Monday 18 March, 2013

Special Effects This post contains images

# bankruptcy - Wednesday 13 February, 2013

Personal insolvency agency to open ‘early in the summer’ – Taoiseach

Enda Kenny told the Dáil that he was not happy with the banks’ level of resolution of cases where customers are in mortgage arrears.

# bankruptcy - Tuesday 22 January, 2013

From Business ETC Game Over

Video game maker Atari files for bankruptcy

Atari, which turned 40 last year, was a video game pioneer with games like “Pong” and “Centipede,” but has changed ownership several times amid financial problems.

# bankruptcy - Thursday 20 December, 2012

Insolvency service on the way as Dáil passes legislation

The long-awaited Personal Insolvency Bill, which will allow some write-down of debts, will be signed into law next week.

# bankruptcy - Monday 26 November, 2012

Eurozone finance ministers meet (yet again) to try to fix Greece

This will be the third time in two weeks that finance ministers from across the EU will meet to deal with the the threat of bankruptcy for Greece.

# bankruptcy - Friday 28 September, 2012

Property Porn This post contains videos

GALLERY: A tour around David Drumm’s soon-to-be-auctioned Malahide mansion

20 Abington has been on the market for some time – but has now been the subject of rival bids from two couples.

# bankruptcy - Friday 14 September, 2012

Shatter rules out exempting jewellery from new insolvency law

The justice minister told the Oireachtas justice committee that “diamond bazooka” engagement rings could not be excluded.

# bankruptcy - Sunday 19 August, 2012

The 9 at 9: Sunday

The nine stories you need to know as you start your day.

# bankruptcy - Sunday 5 August, 2012

From Business ETC Euro

Greece ‘committed’ to reforms to avert bankruptcy

The country’s Finance Minister warned the next few weeks are crucial for the country’s future in the euro.

# bankruptcy - Tuesday 3 July, 2012

Californian town files for bankruptcy

Mammoth Lakes doesn’t have the funds to pay $2.7m in obligations, especially after losing a property development fight.

# bankruptcy - Saturday 30 June, 2012

Your Say This post contains a poll

Poll: Will the Personal Insolvency Bill help people struggling with debts?

Proposed legislation to reform Ireland’s bankruptcy regime were unveiled this week. Do you think they’ll help?

# bankruptcy - Friday 29 June, 2012

Shatter publishes long-awaited plans to reform insolvency law

The new regime reforms our bankruptcy laws, and aims to help the likes of struggling mortgage holders out of debt.

# bankruptcy - Monday 7 May, 2012

David Drumm’s wife reaches settlement with US court – report

Former Anglo Irish Bank CEO David Drumm filed for bankruptcy in the US in 2010.

# bankruptcy - Wednesday 4 April, 2012

Column: Exporting our troubles is an Irish speciality

Ireland’s solution has always been to send our problems abroad, writes Jillian Godsil – and we’re still doing it today.

# bankruptcy - Friday 23 March, 2012

Ivan Yates to leave Newstalk

Broadcaster Ivan Yates has confirmed that he is to leave his place at the helm of Newstalk’s Breakfast show to concentrate on his “financial issues”.

# bankruptcy - Friday 16 March, 2012

Priory Hall residents question developer’s ability to afford legal team

The Supreme Court has dismissed Dublin City Council’s appeal to overturn the stay on Tom McFeely’s jail sentence and €1m fine.

Column: It’s not enough to help people in debt. We must look at the big picture

New legislation will help safeguard people struggling with debt – but they deserve to have their homes protected too, writes Noeleen Blackwell.

# bankruptcy - Tuesday 28 February, 2012

IMF signs off on latest €3.2 billion loan to Ireland

The IMF signs off on the fifth review of its bailout, and is releasing €3.2 billion to Ireland – bringing its total IMF debt to €16bn.

# bankruptcy - Wednesday 22 February, 2012

From Business ETC Uh-Oh

Fitch: ‘Highly likely’ that Greece will default soon

The ratings agency has downgraded Greece just one day after EU leaders agreed on a €130 billion bailout deal for the country.

# bankruptcy - Friday 10 February, 2012

Kodak to save millions by phasing out digital cameras

The company expects to save more than $100 million through phasing out its production of digital cameras and other devices.

# bankruptcy - Thursday 9 February, 2012

From Business ETC Eurozone

Greek leaders head to Brussels empty-handed

If Greece doesn’t secure a bailout loan by 15 February it may not have the money to pay a €14.5 billion bond on 20 March.

# bankruptcy - Tuesday 7 February, 2012

Hogan: ‘Inappropriate’ of me to meet with Priory Hall residents

Phil Hogan says it’s his job to bring in the appropriate housing legislation, but the enforcement of those laws is not up to him.

# bankruptcy - Monday 6 February, 2012

From Business ETC Eurozone

Second bailout talks resume today as Greece tries to avoid bankruptcy

The leaders of the three coalition parties meet with the PM to agree on austerity measures so a €130bn bailout can be secured – and a default avoided.

# bankruptcy - Wednesday 25 January, 2012

Government’s new debt regime may allow mortgage debt to be written off

The cabinet has approved a draft Bill allowing debts to be written off outside of court, while bankruptcy rules are also changed.

# bankruptcy - Thursday 19 January, 2012

From Business ETC Kodak

Kodak applies for bankruptcy protection

The company is carrying out major restructuring in an effort to stay in business.

# bankruptcy - Tuesday 17 January, 2012

Column: 10 reasons why Ireland should be praying for a second bailout

Cheap money, essential reforms, and a route away from gombeenism? A second bailout would have immense benefits for Ireland, argues NAMAwinelake.

# bankruptcy - Monday 16 January, 2012

The 5 at 5: Monday

5 minutes, 5 stories, 5 o’clock…

Court adjourns application for Priory Hall developer’s bankruptcy

The High Court adjourns an application making Thomas McFeely bankrupt in Ireland, so that his UK bankruptcy can be challenged.

# bankruptcy - Friday 13 January, 2012

Priory Hall residents criticise McFeely’s reported bankruptcy

Residents complain that Thomas McFeely will be out of debt in 12 months, while they face years of financial turmoil.

# bankruptcy - Thursday 12 January, 2012

Drumm fails in bid to have bankruptcy challenge dismissed

The former Anglo chief executive wanted a challenge against his bankruptcy dropped because a form was filed 51 minutes late.

From Business ETC Bankruptcy

Second Grehan brother declares bankruptcy in England, owing NAMA €308m

Danny Grehan – who owes NAMA €308m – follows his brother’s lead by declaring himself bankrupt in a court in Slough.

# bankruptcy - Tuesday 10 January, 2012

High Court clears the way for Quinn bankruptcy in Republic

The High Court will now hear a petition next Monday on having Sean Quinn declared bankrupt in the Republic of Ireland.

# bankruptcy - Sunday 8 January, 2012

Property This post contains videos

Council could offer Priory Hall residents €50,000 for apartments

But residents say they will reject any such offer as it would leave them homeless and force them into bankruptcy.

# bankruptcy - Friday 6 January, 2012

Developer who owes NAMA €312m declared bankrupt in London

Ray Grehan, who was ordered to repay €312m to NAMA two months ago, is declared bankrupt at a court in London.

# bankruptcy - Monday 19 December, 2011

From Business ETC Eurozone

The single image that explains what happens if we leave the euro

This image from Boston Consulting Group provides a handy guide to the practical impact of leaving the common currency.

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