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"Although the total number of insolvency filings is down year over year, the rise of retail insolvencies continues as bricks-and-mortar stores struggle amid shifting consumer preferences and growing competition from online channels..."
"In general terms, according to the information issued by the Colombian Superintendency of Companies (the authority competent to resolve the majority of insolvency cases in Colombia), the past year has revealed a change in the trends regarding insolvency procedures, showing a substantial decrease in the number of filings for these types of procedures..."
"As a general rule, to fully understand insolvency proceedings in Spain, the overall concept has to include pre-insolvency filings (or as will be more familiar to practitioners who have been exposed to them, ‘5-bis’ filings), since they have become a common last resort for larger undertakings seeking to avoid a proper insolvency filing...."
"Although official statistics published by the Insolvency Service at the end of October suggest a rise in formal insolvencies, there have not been a significant number in the context of larger insolvencies, where the trend to restructure or refinance continues..."