Nocookies | News24

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ASIC: No Dividend for Unsecured Creditors in 88% of Cases

ASIC’s new review of insolvent liquidations found that many companies entered the process with few assets available to repay creditors. Report 843 examined 26,664 grouped appointments between 1 July 2021 and 30 June 2025, comprising 7,023 court liquidations and 19,641 creditors’ voluntary liquidations. The Australian regulator said the report provides its first publication at this…

Nocookies | News24

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Corporate recovery unit launched | Scottish Financial News

Michael Booth (l) and David Fraser. Lambert Smith Hampton (LSH) and Ryden have launched an enhanced restructuring and corporate recovery offering across Scotland. The launch comes against a backdrop of heightened corporate insolvency activity and significant macroeconomic turbulence. David Fraser, partner in residential investment & development at Ryden, said: “In today’s market, simply putting a…