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#Bankruptcy

# bankruptcy - Friday 14 September, 2012

Shatter rules out exempting jewellery from new insolvency law
# Bazooka
# Bazooka

Shatter rules out exempting jewellery from new insolvency law

Sep 14th 2012, 9:29 AM 4,727 Views 43 Comments

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

# bankruptcy - Sunday 19 August, 2012

# bankruptcy - Sunday 5 August, 2012

Greece 'committed' to reforms to avert bankruptcy
# Euro
# Euro

Greece 'committed' to reforms to avert bankruptcy

Aug 5th 2012, 11:22 AM 2,174 Views 9 Comments

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
# Bankruptville
# Bankruptville

Californian town files for bankruptcy

Jul 3rd 2012, 12:35 PM 5,651 Views 5 Comments

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

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

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

Jun 30th 2012, 12:16 PM 4,790 Views 41 Comments

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
# Insolvency
# Insolvency

Shatter publishes long-awaited plans to reform insolvency law

Jun 29th 2012, 11:40 AM 4,150 Views 28 Comments

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
# Bankruptcy
# Bankruptcy

David Drumm's wife reaches settlement with US court - report

May 7th 2012, 5:47 PM 5,867 Views 16 Comments

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
# Opinion
# Opinion

Column: Exporting our troubles is an Irish speciality

Apr 4th 2012, 7:30 AM 50 Views 54 Comments

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
# Ivan Yates
# Ivan Yates

Ivan Yates to leave Newstalk

Mar 23rd 2012, 9:36 AM 10,140 Views 64 Comments

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
# Priory Hall
# Priory Hall

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

Mar 16th 2012, 8:35 PM 5,433 Views 45 Comments

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
# Opinion
# Opinion

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

Mar 16th 2012, 7:30 AM 33 Views 8 Comments

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
# Bailout
# Bailout

IMF signs off on latest €3.2 billion loan to Ireland

Feb 28th 2012, 7:24 AM 2,308 Views 60 Comments

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

Fitch: 'Highly likely' that Greece will default soon
# Uh-Oh
# Uh-Oh

Fitch: 'Highly likely' that Greece will default soon

Feb 22nd 2012, 12:35 PM 2,904 Views 22 Comments

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
# Kodak
# Kodak

Kodak to save millions by phasing out digital cameras

Feb 10th 2012, 1:02 PM 5,743 Views 11 Comments

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

Greek leaders head to Brussels empty-handed
# Eurozone
# Eurozone

Greek leaders head to Brussels empty-handed

Feb 9th 2012, 7:47 AM 2,088 Views 30 Comments

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
# Priory Hall
# Priory Hall

Hogan: 'Inappropriate' of me to meet with Priory Hall residents

Feb 7th 2012, 3:00 PM 3,084 Views 40 Comments

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

Second bailout talks resume today as Greece tries to avoid bankruptcy
# Eurozone
# Eurozone

Second bailout talks resume today as Greece tries to avoid bankruptcy

Feb 6th 2012, 7:34 AM 1,077 Views 6 Comments

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
# Mortgages
# Mortgages

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

Jan 25th 2012, 12:13 PM 4,674 Views 23 Comments

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

Kodak applies for bankruptcy protection
# Kodak
# Kodak

Kodak applies for bankruptcy protection

Jan 19th 2012, 8:19 AM 2,224 Views 11 Comments

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
# Opinion
# Opinion

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

Jan 17th 2012, 7:30 AM 30 Views 52 Comments

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

Court adjourns application for Priory Hall developer's bankruptcy
# Bankruptcy
# Bankruptcy

Court adjourns application for Priory Hall developer's bankruptcy

Jan 16th 2012, 1:22 PM 2,142 Views 16 Comments

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
# Bankruptcy
# Bankruptcy

Priory Hall residents criticise McFeely's reported bankruptcy

Jan 13th 2012, 9:12 PM 4,675 Views 43 Comments

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
# Bankruptcy
# Bankruptcy

Drumm fails in bid to have bankruptcy challenge dismissed

Jan 12th 2012, 9:22 PM 4,510 Views 59 Comments

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

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

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

Jan 12th 2012, 3:17 PM 4,500 Views 11 Comments

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
# Bankruptcy
# Bankruptcy

High Court clears the way for Quinn bankruptcy in Republic

Jan 10th 2012, 6:39 PM 3,426 Views 64 Comments

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

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

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

Jan 8th 2012, 4:37 PM 5,739 Views 64 Comments

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
# Bankruptcy
# Bankruptcy

Developer who owes NAMA €312m declared bankrupt in London

Jan 6th 2012, 6:17 PM 6,033 Views 37 Comments

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

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

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

Dec 19th 2011, 6:53 PM 15,679 Views 72 Comments

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

# bankruptcy - Tuesday 29 November, 2011

American Airlines files for bankruptcy
# Bankruptcy
# Bankruptcy

American Airlines files for bankruptcy

Nov 29th 2011, 2:20 PM 3,518 Views 9 Comments

The fourth largest airline in the world lost $868 million (€650 million) during the first nine months of this year.

# bankruptcy - Thursday 24 November, 2011

Quinn: "What happened over the last two years shouldn't have happened"
# Sean Quinn
# Sean Quinn

Quinn: "What happened over the last two years shouldn't have happened"

Nov 24th 2011, 10:20 PM 7,092 Views 60 Comments

In an interview with a Fermanagh newspaper Sean Quinn vowed to restore his family’s reputation – and said that he has received thousands of letters of support from well-wishers.

# bankruptcy - Tuesday 22 November, 2011

Court to rule on whether Anglo can still sue bankrupt Quinn
# Courts
# Courts

Court to rule on whether Anglo can still sue bankrupt Quinn

Nov 22nd 2011, 10:17 AM 1,087 Views 4 Comments

The Commercial Court will decide tomorrow on whether IBRC, formerly known as Anglo, can still seek a judgment against Sean Quinn.

# bankruptcy - Monday 14 November, 2011

Seán Quinn's bankruptcy challenged by IBRC
# Sean Quinn
# Sean Quinn

Seán Quinn's bankruptcy challenged by IBRC

Nov 14th 2011, 6:32 PM 460 Views 24 Comments

The IBRC – formerly Anglo – is to apply for his insolvency proceedings in Northern Ireland to be annulled, saying the courts do not have jurisdiction over Quinn.

# bankruptcy - Friday 11 November, 2011

Daily Fix: Friday
# Daily Fix
# Daily Fix

Daily Fix: Friday

Nov 11th 2011, 8:00 PM 1,025 Views 0 Comments

A round up of the day’s main news – plus any bits and pieces you may have missed.

# bankruptcy - Monday 17 October, 2011

Drumm's $4m Cape Cod mansion sold to pay off creditors
# Anglo
# Anglo

Drumm's $4m Cape Cod mansion sold to pay off creditors

Oct 17th 2011, 7:50 PM 2,312 Views 11 Comments

The sale of David Drumm’s waterfront mansion for €2.82m will some of the way towards repaying around €10.2m in debts.

# bankruptcy - Monday 10 October, 2011

TD Wallace ordered to repay €19m in bank loans
# Courts
# Courts

TD Wallace ordered to repay €19m in bank loans

Oct 10th 2011, 5:44 PM 1,369 Views 39 Comments

ACC Bank wins a summary judgment against Mick Wallace over personal guarantees he gave for five business loans.

# bankruptcy - Tuesday 13 September, 2011

David Drumm's Cape Cod house could sell for $4m
# Bankruptcy
# Bankruptcy

David Drumm's Cape Cod house could sell for $4m

Sep 13th 2011, 5:45 PM 1,004 Views 8 Comments

A US bankruptcy official wants to sell the former Anglo chief executive’s house in Cape Cod, Massachusetts.

# bankruptcy - Monday 12 September, 2011

Saab workers launch bankruptcy action against troubled car manufacturer
# Saab
# Saab

Saab workers launch bankruptcy action against troubled car manufacturer

Sep 12th 2011, 3:15 PM 189 Views 0 Comments

The move comes just a week after the company’s bankruptcy protection bid was rejected by a Swedish district court.

# bankruptcy - Wednesday 7 September, 2011

Saab applies for bankruptcy protection
# Saab
# Saab

Saab applies for bankruptcy protection

Sep 7th 2011, 2:25 PM 260 Views 0 Comments

The troubled Swedish car manufacturer has applied for protection from their creditors amid plans to draw in additional funding.

# bankruptcy - Thursday 1 September, 2011

Anglo tries to stop former chief from declaring bankruptcy in the US
# David Drumm
# David Drumm

Anglo tries to stop former chief from declaring bankruptcy in the US

Sep 1st 2011, 1:50 PM 615 Views 23 Comments

Meanwhile, the Minister for Finance says the government cannot raise questions about the legitimacy of Drumm’s residency in the US – as this could interfere with the work of the DPP.