Record $38 Billion Debt Sale Nears for Oracle-Tied Data Centers – Bloomberg
Record $38 Billion Debt Sale Nears for Oracle-Tied Data Centers Bloomberg Read the original article here
Workers' wage claims frozen as director's bankruptcy triggers legal halt – HRD America
Workers’ wage claims frozen as director’s bankruptcy triggers legal halt HRD America Read the original article here
Opinion | The NBA Has a Gambling Problem – The Wall Street Journal
Opinion | The NBA Has a Gambling Problem The Wall Street Journal Read the original article here
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GrabOne in liquidation owing creditors more than $16.5 million
Preferential creditors are owed $518,531, which includes employee entitlements of $365,278 and $153,253 owing to Inland Revenue. Unsecured creditors – which includes trade creditors, customers with vouchers unable to be redeemed and merchants who honoured GrabOne vouchers but have not been paid – are owed $3.8m. The company also has a deferred tax liability of…
BlackRock, Veritas Seek Advice as RSA Security Debt Talks Go On – Bloomberg.com
BlackRock, Veritas Seek Advice as RSA Security Debt Talks Go On Bloomberg.com Read the original article here
Experts press G20 to make debt relief faster and fairer
For the last five years, the G20 Common Framework has struggled to deliver comprehensive, swift restructuring agreements for the countries that need it most. It’s part of the reason why South Africa — which holds this year’s Group of 20 presidency — made debt relief a pillar of its G20 focus, including by assembling an…
2025 corporate insolvencies down 5% year to date
Insolvency Processes As expected and in line in previous years, Creditors Voluntary Liquidations (CVLs) continue to account for the majority of corporate insolvencies, with 393 CVL’s recorded in the first 9 months of 2025 – 64% of overall 2025 insolvencies so far. This represents a 22% decrease on the same period in 2024. The reduction…
R3: ‘Continued strain’ on Scottish finances despite drop in insolvencies
Emma Widdowson – Chair of R3 in Scotland New official statistics published by Accountant in Bankruptcy (AiB) for the second quarter of 2025 show a decrease in both corporate and personal insolvencies in Scotland. However, restructuring and insolvency body R3 has warned that the headline figures mask rising financial distress for businesses and individuals amid…