Sir Bradley Wiggins is declared bankrupt: Cycling legend, 44, could be forced to hand over his medals and trophies after falling into financial difficulties

Bankruptcy

Sir Bradley Wiggins has been declared bankrupt and could be forced to hand over his medals and trophies after falling into financial difficulties.  The eight-time Olympic medallist was declared bankrupt at Lancaster county court on June 3, according to The Times, following years of money troubles with numerous business ventures over the years.  Wiggins Rights Limited,…

Black Hops Brewing set for liquidation as sale ‘imminent’

Bankruptcy

record-breaking crowdfunding campaign in 2022 that raised $2.2 million from almost https://www.businessnewsaustralia.com/1,000 investors in 24 hours. Black Hops was founded by Daniel Norris, Michael McGovern and Edward Oldfield, who initially undertook a non-equity crowdfunding campaign in 20https://www.businessnewsaustralia.com/16 to help fund the company’s first taproom at Burleigh Heads. Oldfield and McGovern remain the company’s biggest shareholders…

Van Hool declared bankrupt by Belgian court

Bankruptcy

A15LE E battery-electric bus (Photo: Van Hool) Belgian bus OEM Van Hool has been declared bankrupt by the Commercial Court of Mechelen, a court in Belgium which deals with commercial litigation. According to media reports the company had accumulated a debt of €400 million. This was further compounded by a family inheritance dispute over shares…

Insolvencies surge close to 10k for FY2023–24

Bankruptcy

The number of insolvencies has continued to rise and remains well above pre-COVID-19 levels, the latest ASIC data has revealed. ASIC’s latest insolvency figures indicate there were a total of 9,996 companies that had entered external administration or had a controller appointed at 2 June this year. The insolvency figures for the 2023–24 financial year…

Bradley Wiggins is bankrupt, homeless & ‘lost absolutely everything’… he now faces selling gold medals, lawyer says

Bankruptcy

SIR Bradley Wiggins is bankrupt, homeless and has “lost absolutely everything”, his lawyer says. The Olympic cyclist became the first Briton to win the Tour de France but has suffered ongoing financial difficulties with his business ventures. 4 Sir Bradley Wiggins won eight Olympic medalsCredit: Getty 4 He was declared bankrupt earlier this month after…