insolvencies

In the UK, it was experiencing rising bad debts as the number of personal insolvencies continued to increase.

He predicts another five or ten notable insolvencies in the retail sector and at least a year of agony before things get better.

Mike Geoghegan, chief executive, said the rise in UK insolvencies looked "unlikely to abate" in the medium term.

Having bought a few companies out of administration, I know insolvencies are complicated.

But there have also been demoralising numbers: unemployment is still rising fast, insolvencies are commonplace.

Bank insolvencies can be highly contagious and spread throughout the single financial system .

Most crisis-hit emerging economies experienced huge recessions and a tidal wave of insolvencies.

Insolvencies, like unemployment, are a lagging economic indicator.

In many macroeconomic models, therefore, insolvencies cannot occur.

so the problem of bad debts should not be underestimated, which will lead to a series of bank insolvencies from happening.

Government insolvencies would now also threaten the solvency of debtor country central banks.

The first is legal: bondholders rank above compensation claims in power company insolvencies.

After the crisis is contained, the most important thing is to deal with widespread undercapitalization and insolvencies.

"We may well see insolvencies at some clubs, as we have always seen in difficult times, " says Deloitte.

Scarce credit after this recession may intensify this effect, causing a "substantial" rise in insolvencies during 2010 and into 2011.

The country with the highest number of insolvencies expected for next year is France with 63, 000.

Personal insolvencies reached 106, 645 in 2007, down 0. 6 per cent on the previous year.