Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
VAILO is in liquidation. Image: InSyde Media According to a report in the Adelaide Advertiser, VAILO – which went into
Glastonbury Festival said Yurtel was one of a small number of campsites local to Worthy Farm with limited access to
Medical debt being canceled for 100K CT residents. Here's how it works  Stamford Advocate Read the original article here
Over the last 12 months, Katie Price has been embroiled in ongoing drama over her bankruptcy, undergone a whole host
The Court of Appeal has ordered Hong Leong Bank to pay RM1,270,262.15 to Ten Jing Enterprise Sdn Bhd, together with
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(May 22): Chinese developer Country Garden Holdings Co has secured backing from nearly 75% of bondholders for its offshore restructuring,
A collection of artifacts linked with President Abraham Lincoln, including the blood-stained leather gloves he worn the night of his
Death By Thousand Cuts: How Indias Insolvency Regime Fails MSMEs  NDTV Profit Read the original article here
By Euronews Culture with AP Published on 22/05/2025 - 12:07 GMT+2ADVERTISEMENTA collection of artifacts linked with President Abraham Lincoln, including the blood-stained
Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty Rudy Giuliani needs a little coffee money—and so does the Miami-based roastery that’s
Rising costs and ongoing economic and political uncertainty are continuing to drive corporate insolvencies upward, while an increasing number of

According to a report in the Adelaide Advertiser, VAILO – which went into receivership back in March – now has Liquidator Robert Hutson of KordaMentha seeking debts owed to parties, while a seperate Supreme Court wind up order has been made with Robert Ferguson from Ferguson Hannam.

This is the latest twist in an ongoing saga regarding VAILO and founder Aaron Hickmann that stretches back to a raid on the VAILO offices by Australian Federal Police and the Australian Tax Office last year.

Hickmann has consistently denied any wrongdoing and no charges were laid against him.

Even now remains…

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Glastonbury Festival said Yurtel was one of a small number of campsites local to Worthy Farm with limited access to purchase hospitality tickets for their guests in certain circumstances.

“As such we have no records of their bookings and are unable to take any responsibility for the services and the facilities they offer,” the festival said.

However, the festival said Yurtel had not paid or secured any tickets for the 2025 festival prior to entering into liquidation.

“Anyone who has paid Yurtel for a package including Glastonbury 2025 tickets will need to pursue any potential recompense available from them via the liquidation process as outlined in their communication to you. We are not able to incur the cost or responsibility of their…

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Medical debt being canceled for 100K CT residents. Here’s how it works  Stamford Advocate

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Over the last 12 months, Katie Price has been embroiled in ongoing drama over her bankruptcy, undergone a whole host of cosmetic procedures – and her romance with JJ Slater has been plagued by rumours

Katie Price
Katie’s last year has been a whirlwind(Image: Instagram)

The last year has seen Katie Price, 47, go through some major challenges, as her bankruptcy dramas dominated the headlines – and her life – for the last 12 months. In March 2024, she was officially declared bankrupt because of an unpaid tax bill of a whopping £750,000, marking the second time the OnlyFans star had faced bankruptcy.

The former Page Three girl, who went by the nickname Jordan back in her heyday, is celebrating her 47th…

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istana kehakiman Federal Court
The Court of Appeal has ordered Hong Leong Bank to pay RM1,270,262.15 to Ten Jing Enterprise Sdn Bhd, together with interest and costs, after finding the bank guilty of negligence in the release of company funds.
PUTRAJAYA:

The Court of Appeal has affirmed that Hong Leong Bank was negligent in breaching a seizure order under anti-money laundering laws, resulting in the release of RM1.2 million paid by a company to the insolvency department 11 years ago.

The Court of Appeal also affirmed a finding by the High Court in Kuala Lumpur that the government could not be faulted for the bank’s mistake.

“The appeals by the bank and the company (Ten Jing Enterprise Sdn Bhd) are dismissed as they have no merit,” said Justice Ahmad Kamal…

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(May 22): Chinese developer Country Garden Holdings Co has secured backing from nearly 75% of bondholders for its offshore restructuring, according to people familiar with the matter, ahead of a liquidation hearing next week.

The company needs the support of creditors holding three-quarters of all debt as well as majorities of individual groups of debt holders to pass the plan through a “scheme of arrangement” procedure in Hong Kong. While it is close to securing that level from bondholders alone, so far a key group of bank creditors, known as the co-ordination committee, hasn’t signed on to the plan, the people added.

Country Garden has a winding up hearing scheduled for Monday, as it pursues one of the biggest restructurings by a…

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A collection of artifacts linked with President Abraham Lincoln, including the blood-stained leather gloves he worn the night of his assassination, have been sold at an auction in the United States for $7.9 million (€6.9 million).

A total of 144 items up for sale to pay off the remainder of a two decade old $8 million (€7 million) debt that the Lincoln Presidential Foundation used to buy a one-of-a-kind cluster of Lincoln artifacts from a California collector.

The gloves proved to be the most popular item, fetching $1.52 million (€1.35 million) including the premium. One of two handkerchiefs Lincoln had with him on April 14, 1865, the night he was shot, went for $826,000 (€731,000).

A portrait of Abraham Lincoln, which was signed by him and taken by Alexander Hesler, on display at Freeman's | Hindman in West Loop, Chicago

A portrait of Abraham Lincoln, which was signed…

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Death By Thousand Cuts: How Indias Insolvency Regime Fails MSMEs  NDTV Profit

Read the original article here

By Euronews Culture with AP

Published on

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A collection of artifacts linked with President Abraham Lincoln, including the blood-stained leather gloves he worn the night of his assassination, have been sold at an auction in the United States for $7.9 million (€6.9 million).

A total of 144 items up for sale to pay off the remainder of a two decade old $8 million (€7 million) debt that the Lincoln Presidential Foundation used to buy a one-of-a-kind cluster of Lincoln artifacts from a California collector.

The gloves proved to be the most popular item, fetching $1.52 million (€1.35 million) including the premium….

Read the original article here

Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty
Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty

Rudy Giuliani needs a little coffee money—and so does the Miami-based roastery that’s scooping out the once-beloved mayor’s new line of signature java blends.

A very caffeinated-sounding Giuliani provoked online mockery on May 19 when he appeared on a computer-generated background to hawk Rudy Coffee, the latest in a steady drip-drip of odd products the suspended ex-Trump lawyer has promoted as his brewing legal and financial woes threaten to boil over. But it turns out that the famously unfiltered Republican isn’t the only party in the new venture going through bankruptcy proceedings and hoping to get back into the black.

It wasn’t long after…

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Rising costs and ongoing economic and political uncertainty are continuing to drive corporate insolvencies upward, while an increasing number of local entrepreneurs are seeking insolvency and restructuring advice and considering the future of their businesses.

This is according to the Midlands branch of the UK’s insolvency and restructuring trade body R3 and comes on the back of latest figures from the Insolvency Service which show that corporate insolvencies in England and Wales increased by 2.9% last month [April] to a total of 2,053 and by 13.2% compared to April 2023’s figure of 1,813.

R3 Midlands chair Stephen Rome, a partner at law firm Penningtons Manches Cooper in the region, said: “April’s corporate insolvency figures…

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