The number that should stop the recovery talk The hospitality squeeze has stopped being a margin problem and become a structural failure. Credit bureau Centrix confirmed on 1 September 2026 that 422 hospitality companies entered liquidation over the past year, up 42%, while another 2,900 businesses ceased trading altogether. Roughly 3,000 gone in twelve months.…
KordaMentha has been brought in as administrators for Edge Early Learning, the latest casualty in an embattled childcare sector that has faced plenty of operational troubles and intense regulatory scrutiny. Edge’s 70 childcare, kindergarten and preschool centres across Queensland, South Australia and ACT remain operational for now. Decisions on the future will be taken after…
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When a prominent surrogacy agency shuttered abruptly last year, many clients lost tens of thousands of dollars — and for some, their path to starting a family. Last week, the U.S. Justice Department charged the owner of the agency, Surro Connections, with fraud and money laundering. Read the original article here
Insolvency tribunal National Company Law Tribunal (NCLT) on Monday formed a five-member Bench to decide on media baron Subhash Chandra’s repayment plan in a personal insolvency case involving claims of more than Rs 22,000 crore after a division Bench failed to reach a majority verdict. The division Bench had referred the personal insolvency case against…
Indian debt markets are likely to remain volatile in the near term as liquidity conditions, inflation, crude oil prices and global interest-rate expectations influence bond yields. While strong institutional demand, manageable fiscal conditions and stable macroeconomic fundamentals support the market, the policy stance of the Reserve Bank of India (RBI) and the US Federal Reserve…
Pizza business won award despite company liquidation, $1.39m debt The Border Mail Read the original article here
Abroad His case was highlighted by a social activist in Malaysia. September 01, 2026, 03:12 AM A 17-year-old boy, who quit school to support his cancer-stricken 54-year-old father, now requires help. This was after the boy’s father passed away and his family is saddled with debts. The boy had to drop out…
This September is a particularly good time for borrowers to assess whether they need professional debt help. Mohd Izzuan/Getty Images As this year has progressed, the process of managing debt has become a lot more challenging for borrowers. Earlier hopes that borrowing and rate conditions would steadily improve have been upended by persistent inflation and…
Prospect Park Councilman Laundered Mob Gambling Debts Into His Own Campaign Gaming America Read the original article here