Dove Airlines starts voluntary liquidation process

After nearly three decades of operational turbulence and financial distress, the long-grounded Dove Airlines Private Limited has officially initiated a voluntary liquidation process, marking the final chapter for the former charter carrier. The announcement, made on Monday, January 5, 2026, signals a transition from the legal purgatory of insolvency to a definitive winding down of…

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Melbourne advice firm enters liquidation

Troubled Melbourne financial advice firm United Global Capital (UGC) has been put into liquidation by the Federal Court. ASIC said that creditors had resolved to wind up UGC, and David Stimpson of SV Partners has been appointed as a liquidator.  UGC withdrew its application regarding the cancellation of its Australian financial services licence, which was…

Germany: Corporate insolvencies to rise 25 percent in 2025

© Agenzia Nova – Reproduction reserved In Germany, 471 companies with revenues exceeding ten million euros filed for insolvency in 2025, a 25 percent increase over last year. This is according to an analysis conducted by the corporate restructuring consultancy Falkensteg and commissioned by the German newspaper “Handelsblatt.” The largest increase in insolvencies was recorded…