Scottish corporate insolvencies up 13% year-on-year – insider.co.uk
Scottish corporate insolvencies up 13% year-on-year insider.co.uk Read the original article here
Vatican-backed report calls for global debt relief amid climate crisis – Mongabay
Vatican-backed report calls for global debt relief amid climate crisis Mongabay Read the original article here
Trevor Sinclair, part of India’s coaching staff at AFC Asian Cup, declared bankrupt
Former England footballer Trevor Sinclair, has been declared bankrupt after a judge accused him of ‘burying his head in the sand’ after he failed to pay a five-figure amount relating to his media work in 2021 and 2022. Sinclair, a 2002 World Cupper with the Three Lions, had joined the Indian men’s team as part…
Embattled Homeplus seeks new owner as bankruptcy court grants M&A approval
Published: 20 Jun. 2025, 16:00 A Homeplus store in Incheon on May 27 [NEWS1] Homeplus, which is currently under court receivership, is seeking a new owner. The Seoul Bankruptcy Court granted permission Friday for a “prepackaged M&A,” or merger and acquisition, before the court approves a rehabilitation plan… Read the original article here
KATO WORKS Waives Claims Amid Subsidiary Liquidation in China – TipRanks
KATO WORKS Waives Claims Amid Subsidiary Liquidation in China TipRanks Read the original article here
Developing countries ‘need more debt relief’ to fund education and health | Debt relief
Developing countries need a fresh round of debt relief, to prevent money urgently needed for health and education being diverted to creditors, according to a major new report commissioned by the late Pope Francis. The Jubilee report, produced by a panel of experts chaired by Nobel prize-winning economist Joseph Stiglitz, argues for debt restructuring, along…
A ransomware attack pushed the German napkin firm Fasana into insolvency
A ransomware attack pushed the German napkin firm Fasana into insolvency Pierluigi Paganini June 20, 2025 A cyberattack pushed the German napkin firm Fasana into insolvency, likely worsening existing financial troubles and serving as the final blow. German napkin maker Fasana filed for insolvency after a major cyberattack on May 19 paralyzed its systems, halting…
Commentary – Company Insolvency Statistics May 2025
1. Main messages for England and Wales The number of registered company insolvencies in England and Wales was 2,238 in May 2025, 8% higher than in April 2025 (2,074) and 15% higher than the same month in the previous year (1,946 in May 2024). Monthly company insolvency numbers in the first five months of 2025…
APRA sets start date for HELP debt servicing changes
The regulator has released guidance on the servicing of Higher Education Loan Program (HELP) debt when assessing home loan applications, providing a date from which the changes are to be implemented. From 30 September 2025 APRA expects lenders to no longer consider HELP debt when servicing mortgages if the repayments are expected to be complete…
IBC Sees Highest-Ever Recovery in FY24-25 but Resolution Delays and Haircuts Remain a Drag: ICRA – Moneylife
IBC Sees Highest-Ever Recovery in FY24-25 but Resolution Delays and Haircuts Remain a Drag: ICRA Moneylife Read the original article here