Marco Polo brings in liquidators as funds run dry
23-02-23 / by Eleanor Wragg
Trade finance blockchain consortium Marco Polo Network has filed for insolvency after failing to obtain...Insolvency
Insurer ordered to pay Australian financier in Phoenix collapse row
06-06-22 / by Jacob Atkins
A court has ordered Tokio Marine’s Australian subsidiary, the Bond & Credit Company (BCC), to...
Atradius warns of zombie company collapses as govt support ends
26-04-22 / by Eleanor Wragg
The winding down of government support measures that held up the global economy during the...
Documents in Phoenix Commodities trade could be fake, court hears
24-03-22 / by Jacob Atkins
A court in Australia has heard claims that documents underpinning a financing arrangement for collapsed...
Malta’s Fimbank wins judgement against collapsed trader Phoenix
16-02-22 / by Jacob Atkins
The head of collapsed Dubai commodities trader Phoenix has been ordered to pay just over...
Analysis: Why legal changes in Brazil should bring more certainty to commodities financiers and insurers
02-02-21 / by Eleanor Wragg
A recent amendment to Brazil’s judicial reorganisation and bankruptcy law looks set to improve the...
Coface warns of ‘sudden global surge’ in insolvencies amid coronavirus outbreak
08-04-20 / by Eleanor Wragg
As the Covid-19 crisis pushes the global economy into its first recession since 2009, Coface...
Analysis: Why a surge in payment delays in China could be good news for credit insurers
03-04-19 / by Eleanor Wragg
China’s companies are being hit by a surge in delays in getting paid for their...
Asian payments situation worsens
31-05-16 / by Finbarr Bermingham
Companies in Asia are facing more overdue payments as the macroeconomic problems facing the region...
Insolvency risk on the increase in Asia Pacific
29-04-15 / by Finbarr Bermingham
The risk of insolvency is increasing across Asia Pacific, with the Chinese slowdown and commodity...