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.
Gambling with company funds: Don’t pass go, proceed directly to sequestration  Polity.org.za Read the original article here
A boardroom ban has been imposedA Co Down man has accepted a six-year boardroom ban after his building and construction
Casa's 50% liquidation sale to reach Brussels on Friday  The Brussels Times Read the original article here
Final drop falls in Wellington bar’s liquidation  thepost.co.nz Read the original article here
The North Ayrshire Health and Social Care Partnership's 'Money Smart' service, previously known as Money Matters and Welfare Reform Advice,
Helen Spurgeon is worried about her son Alex Chambers' future.He followed his passion to pursue an arts degree but that's
A boardroom ban has been imposedA Co Down man has accepted a six-year boardroom ban after his building and construction
The Star casino could go broke within weeks. How?  LiSTNR Articles Read the original article here
Reports suggest Jeanswest will close in six-weeks NewsWire / Simon Bullard. Jeanswest will close all 87 of its retail stores
57-Unit Burger King Franchisee Declares Bankruptcy  QSR Magazine Read the original article here
Popular Tasmanian craft brewery Fox Friday and its subsidiaries have been placed into voluntary administration after facing significant financial challenges.
23andMe goes bankrupt as only 550,000 subscribe to gene testing  Financial Post Read the original article here

Gambling with company funds: Don’t pass go, proceed directly to sequestration  Polity.org.za

Read the original article here

A boardroom ban has been imposed

A Co Down man has accepted a six-year boardroom ban after his building and construction company went bust while owing more than £100,000.

Eamonn McNamee (58), from Carrowmannan Road, Belleeks, Newry, was found to have transferred money meant for a creditor to his own personal bank account, and to have made cheques and payments to trade creditors that the company was not able to fulfil.

Read the original article here

Casa’s 50% liquidation sale to reach Brussels on Friday  The Brussels Times

Read the original article here

Final drop falls in Wellington bar’s liquidation  thepost.co.nz

Read the original article here

The North Ayrshire Health and Social Care Partnership’s ‘Money Smart’ service, previously known as Money Matters and Welfare Reform Advice, will start on May 1.

It provides free, confidential, and impartial welfare rights advice for North Ayrshire Council housing tenants, and others who meet specific criteria.

This includes those with dependent children, a disability, or who are carers.

Debt and money advice is also available for council tenants and eligible persons receiving welfare rights advice from Money Smart.

The service helps with benefits checks, making claims, disputing benefit decisions, and appeal representation at tribunals.

It also assists with debts, affordable repayment plans, insolvency options,…

Read the original article here

Helen Spurgeon is worried about her son Alex Chambers’ future.

He followed his passion to pursue an arts degree but that’s left him with an enormous HECS debt even as the value of the degree falls.

“$50,000 — that is a lot of money for someone who’s only 21 and that is before the cost of going on to ever buy their own property,” Ms Spurgeon said.

It’s an increasing concern for parents as the cost of some degrees skyrocket and their own HECS debts look paltry compared to those of their children.

Ms Spurgeon completed a masters in accounting just over 10 years ago at a cost of…

Read the original article here

A boardroom ban has been imposed

A Co Down man has accepted a six-year boardroom ban after his building and construction company went bust while owing more than £100,000.

Eamonn McNamee (58), from Carrowmannan Road, Belleeks, Newry, was found to have transferred money meant for a creditor to his own personal bank account, and to have made cheques and payments to trade creditors that the company was not able to fulfil.

Read the original article here

The Star casino could go broke within weeks. How?  LiSTNR Articles

Read the original article here

Jeanswest
Reports suggest Jeanswest will close in six-weeks NewsWire / Simon Bullard.

Jeanswest will close all 87 of its retail stores in the next six weeks, after going into voluntary administration in late March.

The company behind the iconic retailer, Harbour Guidance, which bought out Jeanswest in 2020, has made the decision to run as an exclusively online retailer.

RELATED

The Aussie fashion giant last month announced the store closures, which could impact up to 600 jobs.

Jeanswest will look to sell off the remaining stock and close the doors for the last time in six weeks, The Australian reported.

Jeanswest
Reports suggest Jeanswest will close in six-weeks NewsWire / Simon Bullard.

It is believed administrators Lindsay…

Read the original article here

57-Unit Burger King Franchisee Declares Bankruptcy  QSR Magazine

Read the original article here

Popular Tasmanian craft brewery Fox Friday and its subsidiaries have been placed into voluntary administration after facing significant financial challenges.

Owners Sarah and Benn Hooper announced the appointment of McGrathNicol as administrator in a statement released today.

The Hobart-based brewery operate the popular ‘Fox Friday’ branded bar on Murray Street in Hobart, alongside two other locations in Melbourne and Perth.

The company also runs the Moonah Hotel and Cellars and Melbourne’s Carwyn Cellars.

The Hobart Tap Room opened in late 2020 as part of the expansion. Image / Supplied

The venues are expected to continue trading during the administration process.

“Unfortunately, we’ve faced significant financial…

Read the original article here

23andMe goes bankrupt as only 550,000 subscribe to gene testing  Financial Post

Read the original article here