About a fifth of Britain's private-sector employees work for heavily indebted companies owned by private-equity firms, notes Christopher Hall, a lawyer who sits on the EHYA's insolvency-reform committee.
The number of firms that were liquidated - the end point of the insolvency process - also fell, by 16% to 16, 045.
Question One: If your company is going broke, why would you want to buy a company whose insolvency is front-page news?
The on-the-brink-of-insolvency company was begging Washington for a bailout.
But the visionary hedge fund manager did warn of the perils of QE and the risk of long-term insolvency.
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The ever-growing insolvency figures, the change of credit culture and the much shorter bankruptcy period lead to one logical conclusion.
Insolvency filings by food- and drink-makers have fallen since the early 1990s.
In Britain the European High Yield Association (EHYA), a lobby group for participants in the leveraged-finance market, has called for a Chapter 11-style insolvency process.
First, the company's insolvency heralds a shake-up in the European media industry, with politically-inclined magnates such as Rupert Murdoch and Silvio Berlusconi likely to gain a toehold in the continent's biggest market.
With legacy countries in a state of long-term insolvency, and major banks highly leveraged and with opaque balance sheets sitting on trillions in liabilities, policymakers have resorted to one of the most dangerous solutions in the aftermath of the financial crisis: money printing.
FORBES: Billionaire Paul Singer: The U.S. Has A Big Debt Problem And The Fed Is Making It Worse
God help us if the insolvency of European banks in 2011-12 is to be an event similar to the insolvency of the US banks in 2008.
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The stigma of insolvency is so strong, especially among family-owned firms, that owners may admit they are in trouble only when it is too late.
So maybe Alcatel-Lucent is not headed for insolvency, after all.
"You've had the president of the United States himself say, the biggest drivers of our fiscal insolvency are Medicare, Medicaid and our health-care programs, " Mr. Hensarling says.
The Securities and Exchange Commission sued six former top executives of Fannie Mae and Freddie Mac, targeting the millions of dollars in they were paid even as their government-sponsored organizations were skidding toward insolvency.
FORBES: SEC Targets Fannie, Freddie Execs But May Not Get Their Bonuses
At the heart of their plan is the idea that a single national regulator would take responsibility for overseeing the insolvency of a big international bank, a so-called GSIFI (don't ask) - which is an attempt to prevent a repetition of the uncertainty and confusion caused after Lehman collapsed in 2008.
If these are unfortunates too sick to have qualified for private health insurance, then Medicare's total spending could well rise: a troubling thought, the Republicans point out, for a system whose impending insolvency was delayed, but not eliminated, by the balanced-budget agreement.
Unlike many other EU countries, including the UK, Dublin has included secured mortgage debt within its insolvency regime, in an effort to encourage banks to negotiate long-term restructuring deals with debtors.
No wonder, barely five years ago, that the city was on the verge of insolvency, rescued only by bonds issued by the Pennsylvania Intergovernmental Co-operation Authority, a state agency set up to supervise the city's finances.
In Babcock's case, the court-appointed boss was Horst Piepenburg, a Dusseldorf lawyer and insolvency expert.
Almost as painful, once bosses put their firm into insolvency they must usually hand over the reins of power to a court-appointed bankruptcy expert whereas in America managers who bust the firm often stay on.
If credit lines could pre-empt crises of illiquidity, that still leaves the problem of insolvency.
The ratio of non-performing loans at north-eastern bank branches is the highest in the country, which is itself so overwhelmed with bad debts that the big state-owned banks need regular injections of capital in order to avoid insolvency.
According to R3, the industry group that represents insolvency practitioners, there are an estimated 146, 000 zombie businesses in the UK - and, says R3, that figure is on the rise.
The short-term goal of stabilizing the currency is creating a bigger problem of corporate insolvency.
But there are good reasons to keep the European operations out of insolvency while the company restructures in America, says Mark Hyde, a specialist in cross-border restructuring at Clifford Chance, a law firm.
It will be complicated by the fact that neither the US-listed entity, Suntech Power Holdings, nor any subsidiaries other than Wuxi are declaring insolvency.
In September, the South Warwickshire NHS Foundation Trust announced it was going into partnership with private firm Serco and the health watchdog warned the Mid-Staffordshire NHS Trust last month it had to find funds from elsewhere or face possible insolvency.
Under Engish insolvency law, which is less proscriptive than Ireland's new guidelines, "reasonable" day-to-day expenses for bankrupts include holidays, mobile phones and video rentals.
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