In May, 2 percent more bankruptcies than a year ago

Since March 2025, the focus of the news release on bankruptcies has been on the change compared to the previous year and on the bankruptcy rate. This is the number of declared bankruptcies per 100 thousand businesses. The bankruptcy rate provides a clearer picture of the change in the number of bankruptcies in the Netherlands.…

Why so many Catholic churches declare bankruptcy

Across the U.S., 40 dioceses and religious orders have declared bankruptcy. The first was the Archdiocese of Portland, Oregon, in 2004. The most recent was the Diocese of Burlington, Vermont, in late September 2024. The cases vary, but they have one thing in common: The day the diocese filed its petition for bankruptcy is a…

Travel company collapses leaving holiday-makers stranded and out of pocket

Holiday-makers have been left thousands of dollars out of pocket — and others stranded overseas — following the collapse of an Australian travel company, prompting warnings from industry experts about the risks of booking through unaccredited agents. Melbourne-based Traveldream, which operated solely online, has been placed into administration, leaving customers scrambling for refunds on pre-paid…