The news hasn't got much better for Australian corporations, with 1318 insolvency appointments across Australia in May 2012, according to data recently released by ASIC.
This follows on from our blog post on 22 June 2012 which highlighted that April 2012 was the worst April on record in terms of insolvency appointments in Australia.
The May 2012 figure represents an increase of 9 per cent on May 2011 (1207 insolvency appointments).
Thursday, July 5, 2012
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