When companies face financial trouble, potential job losses can be a major risk for people and—depending on the size of the company or industry in trouble—a risk to local or national economies. An efficient insolvency system can mitigate this risk while contributing to the creation of more and better jobs. As jobs are the most…
NCLAT Fortnightly: Important orders on IBC (March 16 – March 31, 2025) Bar and Bench Read the original article here
2003 Rugby World Cup-winner and former England captain declared bankrupt after divorce Ruck.co.uk Read the original article here
We use some essential cookies to make this website work. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. We also use cookies set by other sites to help us deliver content from their services. Read the original article here
As we reach the midpoint of 2025, Australia’s insolvency landscape remains challenging, shaped by persistent economic pressures, regulatory shifts, and global uncertainties. While some sectors exhibit resilience, others continue to grapple with financial distress. Looking ahead to 2026, cautious optimism prevails, tempered by a recognition that recovery will hinge on a range of domestic and…
Company liquidations still on the rise – when will they fall? … Read the original article here
By BEN SHIMKUS, CONSUMER REPORTER FOR DAILYMAIL.COM Published: 13:24 AEST, 1 July 2025 | Updated: 13:24 AEST, 1 July 2025 Even more Americans are about to get unlimited breadsticks and bottomless salad. Darden Restaurants, the parent company of Olive Garden, said it’s plotting at least 40 new restaurants across its ten brands in the next…
LONDON (June 30): Britain’s Lindsey oil refinery has begun insolvency proceedings, putting hundreds of jobs at risk and potentially increasing the country’s reliance on fuel imports just weeks after its Grangemouth refinery stopped processing oil. Lindsey is one of six remaining oil refineries in Britain, according to the US Energy Information Administration, and employs around 420…
Humber Prax Lindsey Oil Refinery forced into liquidation Energy Voice Read the original article here
Retail insolvencies have risen by 19.65 per cent in the nine months to March 31 this year compared to the same period in FY24, new data from the Australian Securities and Investments Commission (ASIC) revealed. Collapses in retail are now at 804 all up in FY25 so far – across first, subsequent and transitional appointments…