Business failures ‘stable’ in 2025 – PwC

(Pic: RollingNews.ie) Insolvency levels have remained steady over the past three years, according to figures from professional-services firm PwC.  Its Insolvency Barometer shows that 848 business failed in 2025 – a slight decrease from 868 last year but higher than the 736 recorded in 2023.  PwC’s analysis finds that last year’s insolvency rate…

Dubai court rules Gulf national insolvent over Dh2.56 million in unpaid liabilities

A Dubai civil court has officially declared a Gulf national insolvent after determining that he is unable to settle accumulated debts totaling Dh2.56 million owed to seven creditors, including banks, private individuals, and housing finance institutions. The court approved the insolvency petition and appointed a licensed insolvency trustee to examine the debtor’s financial standing and…

Business failures ‘stable’ in 2025 – PwC

(Pic: RollingNews.ie) Insolvency levels have remained steady over the past three years, according to figures from professional-services firm PwC.  Its Insolvency Barometer shows that 848 business failed in 2025 – a slight decrease from 868 last year but higher than the 736 recorded in 2023.  PwC’s analysis finds that last year’s insolvency rate was 27…

Quantuma makes Director appointment – Credit Connect

Business advisory firm Quantuma has announced it has promoted restructuring specialist Alyson Richards to Director. Richards, a licensed insolvency practitioner based in the firm’s Southampton office, is a member of Quantuma’s Restructuring and Insolvency team. She has more than 20 years’ experience in corporate restructuring and personal insolvency, Richards has advised on a wide range…

DOMO CHEMICALS: PA specialist’s German companies file for insolvency / 585 employees affected

— By Plasteurope.com staff —  The three German companies belonging to polyamide manufacturer Domo Chemicals (Ghent, Belgium, www.domochemicals.com), namely Domo Chemicals, Domo Caproleuna (both in Leuna), and Domo Engineering Plastics (in Premnitz), filed for insolvency on 29 December 2025. The provisional insolvency administrator is Lucas Flöther from Flöther & Wissing Insolvenzverwaltung (Berlin; www.floether-wissing.de), which recently…