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Vordering van fiscus tegen bestuurder lopende het faillissement van een vennootschap

Vordering van fiscus tegen bestuurder lopende het faillissement van een vennootschap November 5 2013 Recent heeft het Hof van Cassatie de deur iets wijder opengezet voor schuldeisers van een failliete vennootschap om, hangende het faillissement, een individuele vordering in te stellen tegen de bestuurders van de gefailleerde (Cass. 5 september 2013, A.R. nr. C.12.0445.N, www.juridat.be).… Continue Reading

Finnair lowers earnings guidance, blaming strike

Finnair lowers earnings guidance, blaming strike By Reuters | 13 Nov, 2013 HELSINKI: Finnair cut its earnings guidance for the full year, blaming a potential strike which the company said could result in revenue losses of at least 60 million euros. Finnair said it now expects an operating loss for the full year, even if… Continue Reading

Sweden’s 1990s Banking Crisis Still Echoes at Riksbank

Sweden’s 1990s Banking Crisis Still Echoes at Riksbank Nov 7, 2013  | By Charles Duxbury STOCKHOLM—With a veteran of Sweden’s devastating 1990s banking crisis as head of its central bank, it’s little wonder that the lessons of those troubled days still weigh heavy on monetary policy here. That could be seen when Riksbank Governor Stefan… Continue Reading

RPT-Norilsk has no plans to help Finland’s Talvivaara – source

RPT-Norilsk has no plans to help Finland’s Talvivaara – source Thu Nov 7, 2013 7:27am EST (Repeats with no change to text) Nov 7 (Reuters) – Russia’s mining giant Norilsk Nickel has no plans to help bail out financially-troubled Finnish nickel miner Talvivaara, a source familiar with the Russian company’s plans said. Talvivaara said earlier… Continue Reading

Nokia’s downfall: Local engineers venture on new path of entrepreneurship

Nokia’s downfall: Local engineers venture on new path of entrepreneurship By AFP | 3 Nov, 2013 TAMPERE: The decline of Finnish mobile phone manufacturer Nokia has encouraged a whole generation of local engineers to venture on a new and riskier path: that of entrepreneurship.Housed on the top floor of a building located on the main… Continue Reading

Danske Bank disappoints with earnings, cuts more jobs disappoint

Danske Bank disappoints with earnings, cuts more jobs disappoint By AFP | 31 Oct, 2013 COPENHAGEN: Denmark’s biggest bank, Danske Bank, reported a rise in third-quarter profits on Thursday but fell short of expectations and said it would shed more jobs as it lowered its guidance. “While our third-quarter result showed some progress, we continue… Continue Reading

Finnish media group Sanoma to cut hundreds of jobs

Finnish media group Sanoma to cut hundreds of jobs By AFP | 31 Oct, 2013 HELSINKI: Finnish media group Sanoma announced plans on Thursday to cut hundreds of jobs in Finland and the Netherlands following a sharp fall in third quarter profits. The group reported a net loss of 266 million euros ($363 million)compared to… Continue Reading

Norway’s banks must assume bigger losses on mortgages: Government

Norway’s banks must assume bigger losses on mortgages: Government By Reuters | 14 Oct, 2013 OSLO: Norway’s banks will have to assume bigger lending losses on residential mortgages from next year, the finance ministry ruled on Sunday, in a move that could force banks to increase capital buffers even further. From January 1, banks will… Continue Reading

UPDATE 1-Cost cuts, mild weather cushion Tryg profit decline

UPDATE 1-Cost cuts, mild weather cushion Tryg profit decline Oct 10 (Reuters) – Third quarter pretax profit at the Nordic region’s second-biggest insurer Tryg fell less than forecast, helped by cost cuts and reinsurance against a big insolvency claim. The reinsurance reduced the cost of a 700 million Danish crowns ($126.84 million) blow from an… Continue Reading

SCANDANAVIA June 2013 Pmf Legal Limited Insolvency Bankruptcy Stories HD

http://youtu.be/ClS-DL0qb6g SCANDANAVIA June 2013 Pmf Legal Limited Insolvency Bankruptcy Stories HD   Here are the names in this months insolvency, bankruptcy, turnaround, restructuring news: SAAB 7 June 2013 Paul FordyceManaging DirectorPmf Legal LimitedSuite 1101,84 Pitt Street,Sydney. NSW. Australiahttp://www.pmflegal.com/blog/FLIPBOARD – http://flip.it/C3wCV