Does travel insurance cover insolvency?

We look at whether your travel insurance will cover you if your airline, travel agent or accommodation provider goes bankrupt. Last updated: 17 Nov 2023 Need to know Only 15 out of 61 travel insurance policies in our comparison cover insolvency of an airline No travel insurance policies we review cover insolvency of a travel…

Coronation Park events organiser declared bankrupt

Benjamin Newman announced the end of the annual Coronation Park event “with deep regret” last year. However, a public notice published by the Viscount’s Department on Friday formally confirmed Mr Newman’s bankruptcy, explaining that related claims lodged may be inspected by any creditor or other interested person later this month. Mr Newman debuted Reasons music festival in Coronation…

Why the council went bust

Fergus Hewison & Adrian Goldberg BBC File on 4 BBC The GMB union claims it has found evidence the council was not properly implementing a crucial job evaluation scheme A deal that would have settled Birmingham’s huge equal pay claims without “bankrupting” the council fell apart after trade unions found members were still suffering discrimination.…

Tajprombank officially declared insolvent – Asia Plus

One of troubled banks that have been experiencing serious liquidity issues since 2015 — Tajprombank – has officially been declared bankrupt.  “The bankruptcy decision of this financial institution was made by the Dushanbe Economic Court on August 1, this year,” Rustam Mirzozoda, the head of the High Economic Court of Tajikistan, told reporters in Dushanbe…