Latest monthly statistics from the Insolvency Service show that there were 351 business insolvencies registered in Northern Ireland in 2025, which was an increase of 15% from 2024 (305 insolvencies). The increase was largely driven by a 56% increase in compulsory liquidations, although the number of CVLs decreased by 22%, while administrations increased by 47% and CVAs increased by…
JANUARY 21, 2026 The legal and financial troubles surrounding former Formula 1 driver Adrian Sutil have deepened, with a luxury car company closely linked to him now declared insolvent. Adrian Sutil, German GP 2010© The Cahier Archive According to WirtschaftsWoche, Munich-area firm DS Motoren GmbH has filed for insolvency following Sutil’s arrest late last year.…
Brazil’s Central Bank (BC) on Tuesday (20) ordered the extrajudicial liquidation of Will Bank, expanding the fallout from the collapse of Banco Master and adding R$6.3 billion in deposits that will now have to be covered by the Credit Guarantee Fund (FGC). The move comes two months after Master itself was placed into liquidation, a…
A health club in Derbyshire where a sauna fire broke out at the weekend has struck a deal with its creditors, including HM Revenue and Customs (HMRC), external. Mark Clifford PT Ltd, which operates The Clifford Health Club and Spa in Long Eaton, has entered a Company Voluntary Arrangement (CVA), which allows insolvent limited companies…
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…
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…
Key Points Revo Hospitality Group filed for insolvency under self-administration on January 16, 2026, affecting around 125 hotels and 5,500 employees in Germany and Austria. The company’s rapid expansion to over 250 hotels across 12 countries led to integration problems, rising costs, and liquidity issues, causing financial distress since September 2025. Revo aims to continue…
By Peter Drennan* When the High Court placed six Chance Voight (CVI) entities into interim liquidation on 9 December 2025, many observers noted the procedural similarities to the Du Val collapse of 2024. But as someone tracking these matters closely, I think the more interesting question isn’t whether the cases look similar, it’s whether Chance Voight…
Berlin, 20 Jan 2026, 17:20 CET Revo Hospitality has initiated insolvency proceedings under self-administration, affecting roughly 140 group companies and 125 hotels across Germany and Austria. The company says the affected hotels will remain open as restructuring continues through the summer. Revo manages hotels for leading global brands as well as its own labels, raising…
Jo Streeten, managing director at AECOM (Building + Places), said: “A fall in construction insolvencies this month, with levels lower than both last month and this time last year, is a surprising but welcome sign of stabilisation across the sector as we enter 2026. “Winter is always a challenging period, with fewer contracts being signed…