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.
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Canada Jetlines begins first stage of restructuring under bankruptcy act 
Canada Jetlines has entered the first stage of a restructuring process under Canada’s Bankruptcy and Insolvency Act (BIA), less than
Cle Elum moves to declare bankruptcy over $22 million judgement against the city
City officials are hoping the bankruptcy process would give the city more control over payment of a $22 million judgment
Number of people in Ashfield declared financially insolvent rose in the last year – Mansfield and Ashfield Chad
Number of people in Ashfield declared financially insolvent rose in the last year  Mansfield and Ashfield Chad Read the original article
Number of people in Ashfield declared financially insolvent rose in the last year – Mansfield and Ashfield Chad
Number of people in Ashfield declared financially insolvent rose in the last year  Mansfield and Ashfield Chad Read the original article
Spring Statement 2025: HMRC to combat phoenix company practices
What is a phoenix company? A phoenix company is a business acquired from a formal insolvency process, often by existing
GuocoLand Limited Announces Liquidation of Dormant Subsidiary – TipRanks
GuocoLand Limited Announces Liquidation of Dormant Subsidiary  TipRanks Read the original article here
Lender open to giving Hudson’s Bay more time to save 6 stores so far spared from liquidation
One of Hudson's Bay's lenders says it's willing to back changes to a restructuring agreement that would give the retailer
Debt relief campaign tops KD 7 million
KUWAIT CITY, March 27: The Secretariat General of Awqaf sent a letter to the Ministry of Social Affairs announcing its
Clothing retailer Jeanswest collapses, with 90 stores to close and hundreds of jobs lost
Clothing retailer Jeanswest has collapsed, with more than 90 stores set to close within months and hundreds of employees set
Relief for Ola Electric as Rosmerta withdraws insolvency pleas from NCLT
Ola Electric responded by strongly disputing the claims and also contended that it would take all necessary legal steps to
Meetings and Events Australia enters voluntary administration after 50 years
79680 Meetings and Events Australia (MEA), the country’s longest-standing industry body for the events sector, will be entering voluntary administration
Switch raises $3.5bn to help refinance debt
US data center operator Switch has raised $3.5 billion, which it will use to refinance its existing debt.The DigitalBridge-owned company