Major holiday firm with trips to Disneyland and Cotswolds enters liquidation

The coach holiday company offered trips to destinations including Disneyland Paris and the Cotswolds The coach holiday company offered trips to destinations including Disneyland Paris and the Cotswolds(Image: CHUNYIP WONG via Getty Images) A British holiday firm offering domestic and international travel has collapsed into liquidation with debts approaching £1 million. Gold Crest Holidays provided…

Lok Sabha takes up Insolvency and Bankruptcy Code Bill, 2025, for consideration and passing

Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passing. Union Finance Minister Nirmala Sitharaman moved the Bill, which aims to further amend the Insolvency and Bankruptcy Code 2016. The Bill seeks to address procedural delays and interpretational issues among companies and individuals.   Participating in the discussion,…

Bankruptcies Rising Across US Economy, From Households to Mom-and-Pops

Bankruptcies aren’t just rising — they’re suddenly everywhere. From billion-dollar giants to mom-and-pop shops to everyday individuals, bankruptcies are piling up across the US this year, with large corporate bankruptcies already hitting their highest level in 15 years. The surge in bankruptcies highlights the growing financial pressures facing consumers and companies as costs climb amid…