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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Warning for Wiltshire company directors over Covid loans
The warning has come from Mike Pavitt, council member for the Southern and Thames Valley region of R3, the UK's
NCLAT dismisses appeal to stay insolvency proceedings against Indrajit Power, ET EnergyWorld
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to stay the insolvency proceedings against debt-ridden thermal power
Beloved crafts retailer files for bankruptcy, plans to sell company
Crafts retailer, JoAnn Fabrics, has filed for Chapter 11 bankruptcy … again.Last year, JoAnn filed for bankruptcy in March. It
Valley News – Longtime Miracle Mile eatery files for bankruptcy
LEBANON — Mounting financial troubles have forced the owners of Gusanoz Mexican restaurant, located on the Miracle Mile, to shutter
Singapore Passes Bill to Simplify Insolvency Process for Companies
SIP 2.0 simplifies documentation and reduces time and costs, while also providing better creditor protection. Subscribe Subscribe to Regulation Asia
Surge in number of Australians seeking debt help | The Canberra Times
While people contacted the helpline for a variety of reasons, the main ones were: housing stress, including mortgage, rent, rates
152,000 student-loan borrowers are getting $4.2 billion in debt cancellation through Biden’s relief efforts a week before Trump takes office
Biden announced an additional $4.2 billion in student-debt cancellation for 152,000 borrowers.The relief will benefit borrowers in PSLF, defrauded borrowers,
Biden forgives student loans for 150,000 borrowers, bringing total to 5 million – Reuters
Biden forgives student loans for 150,000 borrowers, bringing total to 5 million  Reuters Read the original article here
Advantages of voluntary corporate rescue – The Herald
Advantages of voluntary corporate rescue  The Herald Read the original article here
CargoLogic Germany declared insolvent | News
Freighter operator Cargologic Germany (CLG) has been declared insolvent after it was banned from European airspace in March, reports Oliver
Rep. Chip Roy says Republicans rejected House Freedom Caucus' offer to support debt ceiling hike – Washington Times
Rep. Chip Roy says Republicans rejected House Freedom Caucus' offer to support debt ceiling hike  Washington Times Read the original article
261,000 More Student-Loan Borrowers Get $4.5B in Debt Cancellation
Biden announced an additional $4.5 billion in student-debt cancellation for 261,000 borrowers.The relief impacts borrowers who attended Ashford University, which