Insolvency: from crisis to reform | China

A slowing economy has exposed China’s insolvency regime as a system grappling with outdated legislation, growing cross-border complexities, and a cultural mindset reluctant to change. Yet, within these challenges lie opportunities for reform, writes Luna Jin In an ancient Chinese fable, the renowned physician Bian Que warns a ruler about a minor illness, only to…

Studebaker goes bankrupt | March 18, 1933

Albert Erskine (1871–1933) assumed the top job at Studebaker in 1915. Under his leadership, the company acquired luxury automaker Pierce-Arrow in the late 1920s and launched the affordably priced but short-lived Erskine and Rockne lines (the latter named for the famous University of Notre Dame football coach: Before his death in a plane crash in…

Monthly Insolvency Statistics: February 2025

​After seasonal adjustment, the number of registered company insolvencies in England and Wales was 2,035 in February 2025, 3% higher than in January 2025 (1,978) but 7% lower than the same month in the previous year (2,188 in February 2024). Company insolvencies over the past year have been slightly lower than in 2023, which saw…