There is something deeply perverse about the way Australia now fights inflation. The government keeps spending too much, the RBA raises interest rates in a bid to contain the resulting inflation, and mortgage holders are forced to carry the burden. Oh, and now property prices are tanking too, leaving many new homeowners with negative equity,…
Troubled superannuation trustee Diversa says it has no guarantees from its private equity shareholders they will continue to support the business and protect the company from insolvency if forced to repay nearly $250 million to victims of the collapsed First Guardian investment scheme. In a fiery hearing of Senator Deborah O’Neil’s joint parliamentary committee for…
There is a debate on the framework governing insolvency of individuals and personal guarantors | Photo Credit: lakshmiprasad S National Company Law Tribunal benches are not enlarged lightly, but because the institution itself recognises that the questions before it deserve an answer that will outlive the immediate dispute. The proceedings concerning Subhash Chandra have travelled…
REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 3 The Courier Mail Read the original article here
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UK will go bankrupt under Burnham, warns Kemi Badenoch over PM’s spending spree thesun.co.uk Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Insolvency expert and director of advisory firm John Fisk says he once turned up to a receivership job to find brand new BMWs sitting in the carpark. When he asked who they belonged to, the director told him he and his colleague had bought them as they were working so hard, they deserved a treat.…
Thursday, September 3, 2026 Interim Minister of Economy, Digitalisation, Entrepreneurship and Tourism Irineu Darau says that Petrotel Lukoil’s insolvency is “a crossroads” which, over time, may lead to many different solutions, but acknowledges that it could also lead to negative scenarios. “I also believe that, in certain situations, insolvency may be the only solution. Insolvency…
SUPREME COURT IBC Moratorium Applies Only To Corporate Debtor, Not Directors Or Promoters: Supreme Court Case Title : TEJAS J.SHAH & AMISHA T. SHAH & ORS VERSUS MANTRI TECHNOLOGY CONSTELLATIONS PVT.LTD. Case Number : CIVIL APPEAL NOS.4289-4290 OF 2025 CITATION : 2026 LLBiz SC 248 The Supreme Court on Monday held that the moratorium under…