In a special area on its Web site (in a Q&A on home foreclosure and debt cancellation), the Internal Revenue Service advised, “Insolvency can be fairly complex to determine and the assistance of a tax ...

The Financial Accounting Standards Board has issued an Accounting Standards Update aimed at improving financial reporting by clarifying when and how public and private companies and not-for-profit ...

Deepening insolvency is a relatively new and developing legal theory. Courts have disagreed about whether deepening insolvency is a stand-alone tort claim or simply a basis for seeking damages related ...

Simple steps can make the difference between losing your online accounts or maintaining what is now a precious commodity: Your privacy. Read now On Thursday, the German payments provider, which once ...

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German powerplant maker Thielert Aircraft Engines has filed for insolvency and sacked its founder and chief executive after a financial crisis centred on incorrect accounting. The company, based near ...

The German Fintech payments provider, once worth over €20 billion, filed for insolvency on Thursday shortly after its CEO was arrested on accounting fraud charges. A host of top firms including Noerr, ...

The Insolvency and Bankruptcy Board of India’s (IBBI) move to manage the accounts of corporate and voluntary liquidation directly and on a permanent basis, may hit a road block, as this requires ...

Payment processing company Wirecard was the darling of Germany’s fintech industry until auditors uncovered a $2 billion hole in its accounting. WSJ explains what we know about the missing money, as ...