bankruptcy

FINA receives 607 petitions for out-of-court bankruptcy settlement since Jan 1

Since the start of this year, when a law on personal bankruptcy went into force, the Financial Agency (FINA) has received 607 petitions for out-of-court bankruptcy settlement, which precedes court...

570 Croats have filed for bankruptcy to date

Since the start of this year, when legislation enabling individuals to declare bankruptcy took effect, as many as 570 applications for personal bankruptcy have been filed with the state-run...

473 Croats have filed for bankruptcy to date

Since the start of this year, when legislation enabling individuals to declare bankruptcy took effect, as many as 473 applications for personal bankruptcy have been filed with the state-run...

Slovenia's Impol to take over TLM factory Thursday, 200 workers back to work

At a bankruptcy hearing and an assembly of creditors on Wednesday in the Sibenik Commercial Court in the bankruptcy proceedings against TLM  light metal factory, creditors verified a leasing...

Hungarian-Croatian Chamber of Indistry and Trade to go bankrupt

The Hungarian-Croatian Chamber of Industry and Commerce was set up in 2006 to promote economic and trade interest and advance the representation of interests of Hungarian companies doing business...

Eurozone bailout fund approves 1-billion-euro tranche for Greece

The total disbursed so far will now reach 16 billion euros, in addition to the 10 billion euros that Greece can access to shore up its banking sector.

New Bankruptcy Act prompts over 15,000 bankruptcy motions

The spokesman for the court, Igor Perisa, explained that the application of the new Bankruptcy Act had triggered off "an exceptionally high number" of bankruptcy motions.