Rafizi: Malaysia should reform its debt management system – NST Online
Rafizi: Malaysia should reform its debt management system NST Online Read the original article here
BDO USA lays off employees amid Apollo’s debt repayment
BDO USA has recently made a series of layoffs and suspended non-essential travel as part of the cost-reduction efforts. Credit: JHVEPhoto / Shutterstock.com. Auditing firm BDO USA has laid off employees to reduce expenses considering a debt arrangement with Apollo Global Management, reports Bloomberg. Apollo is a principal financier to BDO, providing a loan facility…
Insolvency practitioner Gordon McIntyre joins Wbg
Wbg has appointed Gordon McIntyre as insolvency director based in its Glasgow office. With extensive experience in all forms of corporate insolvency procedures (administrations, court winding up orders and creditor voluntary liquidations) across a broad range of sectors, including manufacturing, commercial and residential property, professional services and construction, Mr McIntyre is qualified as both a…
Former Premier League boss, 60, faces being made bankrupt after being taken to court by taxman
Former footballer and manager Iain Dowie is facing possible bankruptcy after being taken to court by HM Revenue & Customs. The 60-year-old, best known for coining the term “bouncebackability” during his managerial days at Crystal Palace, has been hit with a bankruptcy petition and is due to appear before the High Court in the coming…
Urgent debt relief demanded for Africa amid public sector crisis | Debt News
Thirty-two African nations now spend more servicing external debt than funding healthcare Published On 13 Oct 202513 Oct 2025 Click here to share on social media share2 Share More than 30 leading economists, former finance ministers and central bankers have called for immediate debt relief for low- and middle-income countries, warning that loan repayments are…
Ex-Premier League boss faces being made BANKRUPT after he ‘deceived club over £1m compensation clause’ – and was left with huge legal bill
By TAMARA PRENN, SENIOR SPORTS REPORTER Published: 18:24 AEST, 13 October 2025 | Updated: 18:28 AEST, 13 October 2025 A former Premier League boss is believed to be facing bankruptcy after being hit with a petition from HMRC, according to reports. The 60-year-old, who managed a number of top-flight sides, is thought to be due…
Extinguishing claims and ensuring certainty in insolvency resolution
Section 31(1) of the IBC, as clarified by the Insolvency and Bankruptcy Code (Amendment) Act, 2019, provides that once a resolution plan is approved by the Adjudicating Authority, it is binding on all stakeholders, including creditors, employees, government authorities, and local bodies. The intent is to ensure that the SRA takes over the corporate debtor…
Breaking the Debt Cycle: Strengthening Financial Resilience in Small Island Developing States
Breaking the Debt Cycle: Strengthening Financial Resilience in Small Island Developing States 13 October 2025 Chandrahas Choudhury, Ritu Bharadwaj, N. Karthikeyan Repeated and intensifying climate events push SIDS into cycles of debt, as economic, developmental, and infrastructure damages accumulate. A close examination of disaster-related damages in SIDS reveals that since 1960, there has been a…
Halton is the most financially stressed area in the UK
According to a new study by ViFi UK Finance Team, the area in Cheshire topped the list for unmanageable debt, recording the highest rates of insolvency, debt relief orders, and breathing space registrations. Halton scored 8.57 out of 10 on the study’s debt index—more than three times the national average of 2.78. Ben Steele, founder…
REVEALED: Latest business liquidations in Whitehorse – Herald Sun
REVEALED: Latest business liquidations in Whitehorse Herald Sun Read the original article here