A total of 812 corporate insolvency appointments were recorded in 2025, according to Deloitte’s latest insolvency figures, representing a 7% decrease compared to 2024. Despite this annual decline, insolvency activity remained largely consistent throughout the year, with 206 appointments in Q1, 201 in Q2, 211 in Q3 and 194 in Q4. Looking ahead, approximately 900…
The Australian Government asked the Productivity Commission to undertake a public inquiry into barriers to setting up, transferring and closing a business and identify options for reducing barriers where appropriate. The Commission conducted a broad ranging investigation to specifically investigate, analyse and propose recommendations on: The nature and the scale/extent of barriers to entry and…
Corporate insolvencies in Germany rose last year to their highest level in two decades, according to data published on Thursday by a leading economic research institute, reported dpa. The number of bankruptcies increased sharply in December, standing 75% above the average level for the month in the years 2016 to 2019, before the Covid-19 pandemic,…
Petition u/s 9 of IBC cannot be Rejected merely on General Dispute raised based on Single Whatsapp Message: NCLAT Mrs. Leena Salot vs Ridham Synthetics Private Limited CITATION : 2025 TAXSCAN (NCLAT) 257 The National Company Law Appellate Tribunal (NCLAT) has held that a petition under section 9 of the Insolvency Bankruptcy Code (IBC) cannot…
Aussie crypto exchange shuts down abruptly, goes into liquidation The Australian Read the original article here
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An administrator has been appointed at Claim Central Property, which has stopped trading. Claim Central was founded in Sydney in 2000 by Brian Siemsen and also has offices in the US, New Zealand and South Africa. Mr Siemsen told insuranceNEWS.com.au the Australian property business, which manages assessment, restoration and repairs under the brands Claim Central…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…