Irish corporate insolvencies fell slightly last year from a six-year high in 2024 but the number of company collapses could accelerate if unemployment continues to rise, according to PwC. There were 848 companies which entered insolvency in 2025, slightly down on the 868 seen the previous year, which was the highest in six years. Hugh…
BAKU, Azerbaijan, January 5. Azer-Asia Joint Insurance Company Open Joint-Stock Company (OJSC) is set to be liquidated, the company announced, Trend reports. An extraordinary general meeting of the company’s shareholders will be held on February 2 to address the liquidation and related matters. Established in 2007, Azer-Asia Joint Insurance Company OJSC had a charter capital…
Corporate insolvency levels in Ireland have remained broadly stable over the past three years, according to PwC’s latest Insolvency Barometer, published today, reflecting the resilience of Irish businesses despite persistent economic headwinds. PwC recorded 848 insolvencies in 2025, slightly down from 868 in 2024 but still above the 736 cases seen in 2023. Since the…
Golden Gate Capital Insurer PHL Veers to Liquidation as Rehab Hopes Fade Bloomberg.com Read the original article here
Pola Orbis completes liquidation of Orbis Beijing subsidiary Global Cosmetics News Read the original article here
On 17 December 2025, a learned Single Judge of the Bombay High Court, Justice Somasekhar Sundaresan, delivered a crisp but far-reaching ruling in Reliance Naval & Engineering Ltd. v. Afcons Infrastructure Ltd., Interim Application (L) No. 9646 of 2024 in Arbitration Petition No. 1755 of 2015. The judgment unpacks the intersection of two statutory streams…
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Business resilience keeps insolvency rate far below historical average – PwC Business Post Read the original article here
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Research consultancy van Eyk has gone into voluntary administration, weeks after the closure of its four Blueprint funds. The group has appointed Trent Hancock of Moore Stephens Sydney Corporate Recovery Group as voluntary administrator. Hancock said the closure of the Blueprint funds created short term financial challenges due to the structure of parent company,…