Bluesfest Liquidator Flags Possible Insolvent Trading, Questions Payments And Millions Moved Between Companies

Newly filed liquidator reports into the collapse of Bluesfest have revealed a series of findings that go far beyond the festival’s well-publicised debt problems. Key Findings Liquidator believes Bluesfest may have been insolvent by October 2025. More than $500,000 in payments to Peter Noble Group are being examined after the liquidator found no supporting documentation…

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Brazilian bank apologises for mistaken liquidation alert

(June 14): Nu Holdings Ltd co-founder Cristina Junqueira apologised to Nubank customers who received an app alert telling them the bank had been liquidated, saying a software programmer inadvertently caused the faulty notification. “Really bizarre, but that’s exactly what it was: an operational error,” Junqueira wrote late Friday in response to questions from followers on…