Insolvency appointments Feb 21 to March 6 2026

Firm Appointee/Solicitor Role Company Name Published Date Worrells Mervyn Jonathan Kitay liquidator Western Conservation Pty Ltd 06/03/2026 WA Insolvency Solutions Jimmy Trpcevski liquidator Goldenberg Transport Pty Ltd 05/03/2026 Avior Consulting Kelly Dale Meyn liquidator Devhouse Studios Pty Ltd 05/03/2026 HLB Mann Judd Gregory Paul Quin liquidator Evolution Partners (WA) Pty Ltd fta Fernwood Fitness Cannington…

NCLT admits insolvency case against Pune businessman Vishwajeet Jhawar over ₹226 crore default

The National Company Law Tribunal (NCLT) noted that the guarantee agreement executed by Vishwajeet Jhawar was “unconditional, irrevocable and continuing”, meaning the guarantor remained liable until the entire debt was repaid.    The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted insolvency proceedings against Vishwajeet Jhawar, a Pune-based businessman who stood as a personal guarantor…

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Rules on enforcement of bankruptcy decisions

On February 28, 2026, the Government issued Decree No. 64/2026/NĐ-CP detailing a number of articles of, and providing measures for implementation of, the Law on Recovery and Bankruptcy regarding the enforcement of decisions declaring enterprises and cooperatives bankrupt. This Decree takes effect from March 1, 2026. The Decree applies to agencies, organizations, and individuals responsible…

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Company Cites Rise of Streaming, $600M Debt

Radio giant Cumulus Media filed for bankruptcy Thursday (March 5) to eliminate $600 million in debt, citing “persistent industry-wide declines” in revenue and listeners moving to digital streaming services like Spotify. The company, which owns 394 stations in 84 markets across the country, filed the Chapter 11 case as part of a so-called pre-packaged deal…