Independent children’s publisher Knights Of set to close

Award winning inclusive children’s publisher Knights Of is to close, The Bookseller understands, with accountancy firm Hart Shaw instructed to place the company in liquidation, pending a vote of the shareholders. The company – which as of 16th October ceased trading – is expected to go into liquidation during the week of 10th November. Shareholders include co-founder…

Dr. Phil’s media company ordered to liquidate after losing bankruptcy case with ‘no hope for rehabilitation’

A federal judge ordered that the bankruptcy case filed by Dr. Phil McGraw’s Merit Street Media be converted to a Chapter 7 liquidation, saying that the Trump-backing celebrity TV psychologist showed a lack of candor by deleting incriminating text messages that revealed a scheme to pay “favored creditors.” According to Bankruptcy Judge Scott Everett, “there…

CHSP provider Momentum Collective with 5,000 clients appoints voluntary administrator

Third Sector Australia Limited, trading as Momentum Collective, has entered voluntary administration, putting the future of 5,000 clients – including 674 receiving Commonwealth Home Support Programme (CHSP) services – under a cloud. FTI Consulting was appointed administrator on 16 October 2025. In a letter to staff, the administrators said services will continue on a business-as-usual…

Hungary rail giants Ganz-Mavag, Dunakeszi face liquidation

The railway manufacturing sector in Hungary is on the brink as two major companies, Ganz-Mavag International (GMVI) and Dunakeszi Vehicle Repair Works, face court-ordered liquidation. While the Hungarian government may still intervene to save them — potentially meaning renationalisation — the risk of their assets being sold off has placed thousands of jobs in danger…

Dr. Phil ordered to liquidate media company after losing bankruptcy case with ‘no hope for rehabilitation’

A federal judge ordered that the bankruptcy case filed by Dr. Phil McGraw’s Merit Street Media be converted to a Chapter 7 liquidation, saying that the Trump-backing celebrity TV psychologist showed a lack of candor by deleting incriminating text messages that revealed a scheme to pay “favored creditors.” According to Bankruptcy Judge Scott Everett, “there…

Preference shareholders aren’t financial creditors under IBC, can’t initiate insolvency: Supreme Court

A Bench of Justices JB Pardiwala and KV Viswanathan dismissed an appeal filed by EPC Constructions India Ltd (in liquidation) against Matix Fertilizers and Chemicals Ltd, affirming the findings of the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) that the preference shares held by EPC represented an investment and not…