The business of ‘taking money to defame China’ should go bankrupt: Global Times editorial

Western smear Illustration: Liu Rui/GT Recently, the Australian Strategic Policy Institute (ASPI) has faced “a cut in funding” after the US government suspended its financial support. Earlier, ASPI’s head of China investigations and analysis published an article warning that the funding freeze would plunge the anti-China ecosystem “in crisis” and urged the US or other…

Online retailer Bax Music files for bankruptcy

Bax Music, a major seller of musical instruments and equipment, has been declared bankrupt by the Zeeland-West-Brabant court, De Telegraaf reports. The decision, made on Tuesday, follows the company’s request for a suspension of payments last week—often a precursor to bankruptcy. The company has struggled with financial difficulties in recent years, owing debts to various…

Digital assets in insolvency – practical aspects for insolvency practitioners

Posted: 10/02/2025 Introduction Digital assets, including cryptocurrencies and non-fungible tokens (NFTs), have seen exponential growth. With the continued adoption and expanding personal ownership of digital assets, they will increasingly become a regular part of insolvency proceedings. This is true whether they are assets to be realised in the insolvency or if an insolvent company operates…