Key Points Revo Hospitality Group filed for insolvency under self-administration on January 16, 2026, affecting around 125 hotels and 5,500 employees in Germany and Austria. The company’s rapid expansion to over 250 hotels across 12 countries led to integration problems, rising costs, and liquidity issues, causing financial distress since September 2025. Revo aims to continue…
Drowning in debt, Carol said the hardest thing was overcoming shame and embarrassment to open up about her money troubles. “There was a lot of lying because I was so embarrassed,” she said. “It took opening up and it took tough love to finally get a handle on things.” It’s a problem many Australians grapple…
Drowning in debt, Carol said the hardest thing was overcoming shame and embarrassment to open up about her money troubles. “There was a lot of lying because I was so embarrassed,” she said. “It took opening up and it took tough love to finally get a handle on things.” It’s a problem many Australians grapple…
Funny Girls in Blackpool. Photo: Jenova20/WikiCommons The parent company of internationally renowned Blackpool drag club Funny Girls has gone into administration THIS IS NOT A PAYWALL Serious about theatre?Join over 100,000 theatremakers who rely on The Stage for trusted news, reviews, and insight. Sign in below or create a free account to read 5…
A group of lenders to Canadian luxury fashion retailer Ssense are trying to block a deal that would allow its founders to buy the company out of bankruptcy, arguing that liquidation would let them recover more cash. In court filings this week, the group, led by Bank of Montreal, said it seeks to stop a…
The Federal Student Loan Debt Relief application is now open for those who qualify. Review qualifications listed below. The Department of Education and the Biden administration announced a three-part Student Debt Relief Plan in August. It includes: For student loan borrowers with individual incomes less than $125,000 (or $250,000 for households), up to $20,000 in…
UK Businesses Forced Into Liquidation Rise to Highest Since 2012 Bloomberg.com Read the original article here
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A trial in the federal case against former Dodgers star Yasiel Puig is now underway in Los Angeles. Proceedings formally kicked off in a downtown courtroom early Tuesday, as prosecutors allege Puig made bets with an illegal gambling operation in 2019 and then lied about it to investigators. Yasiel Puig played for the Dodgers from…
By Peter Drennan* When the High Court placed six Chance Voight (CVI) entities into interim liquidation on 9 December 2025, many observers noted the procedural similarities to the Du Val collapse of 2024. But as someone tracking these matters closely, I think the more interesting question isn’t whether the cases look similar, it’s whether Chance Voight…