Against a backdrop of slowing growth, rising interest rates and tightened liquidity, corporate insolvencies are on the rise. Australia saw a year-on-year jump of 34.2% in the first half of 20251, while New Zealand’s business insolvencies surged to its highest level in 15 years.2 Directors and officers are operating in a risk environment where economic…
Berlin, March 14 (SANA) The number of companies declaring bankruptcy in Germany reached its highest level in more than ten years amid ongoing economic difficulties, according to official data. The Federal Statistical Office of Germany said local courts recorded 24,064 corporate insolvency filings in 2025, marking a 10.3 percent increase compared with 2024. Bankruptcy filings…
REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
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REVEALED: Latest business liquidations in Manningham Herald Sun Read the original article here
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South Carolina-based Rotten Little Bastard Distillery has filed for Chapter 7 bankruptcy almost six years after opening. Rotten Little Bastard Distillery in Beaufort, South Carolina, has become the latest distillery to shutter Local residents Brian and Brigid Fackrell established Rotten Little Bastard Distillery in Beaufort in 2019, when they secured their spirits permit. The distillery,…
A POPULAR mattress retailer may soon close after filing for bankruptcy in January. The mattress company’s unsecured creditors filed a motion in January to liquidate the company, which has been around for nearly four decades. Sign up for the Money newsletter Thank you! A beloved mattress store may close its 45 locationsCredit: Getty The mattress…
The artisan company had been doomed by rising prices The Gourmet Chocolate Pizza Co, which been based on Colliers Business Park, ceased trading at the end of February (Image: Google) A Nottinghamshire firm has entered liquidation and staff made redundant after struggling to cope with rising financial pressure. The Gourmet Chocolate Pizza Co, which had…