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.
Debt Awareness Week 2025: 13 expert tips to tackle debt and regain control  Yorkshire Evening Post Read the original article here
TORONTO — After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep a
Debt Awareness Week 2025: 13 expert tips to tackle debt and regain control  The Scotsman Read the original article here
Austrans is not the first business associated with O’Shea that has collapsed.Credit: InstagramO’Shea, who took over the 37-year-old business from
TORONTO — Canada’s oldest company will begin liquidating most of its stores this morning. Hudson’s Bay says all but six
Freight empire collapses owing $116m  Herald Sun Read the original article here
Hudson's Bay liquidation sales begin at all but six of its stores  CTV News Read the original article here
High Court Creates Insolvency Unit To Streamline Debt Recovery  Channels Television Read the original article here
Television personality and adventurer Ant Middleton has been banned as a director after his Sway and Starting Limited company failed
Hasan Nawaz Sharif, son of PML-N supremo Nawaz Sharif, has been declared bankrupt by the London High Court in a
Hudson's Bay liquidation sales begin at all but six of its stores  MSN Read the original article here
Techindia Nirman Limited Continues Corporate Insolvency Resolution Process  TipRanks Read the original article here

Debt Awareness Week 2025: 13 expert tips to tackle debt and regain control  Yorkshire Evening Post

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TORONTO — After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep a half-dozen stores open — for now.

Canada’s oldest company was in court Monday to seek permission from an Ontario judge to liquidate all but six stores starting Monday.

The six stores Hudson’s Bay wants to save from the liquidation sale include the flagship location on Yonge Street in Toronto, as well as a store in the city’s Yorkdale mall and another at Hillcrest Mall in Richmond Hill, Ont. The remaining three are in Montreal, the Carrefour Laval mall and Pointe-Claire, Que.

The company did not say how deep the discounts at the remaining stores will be during the liquidation period, which would run until June 15. It is promising to…

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Debt Awareness Week 2025: 13 expert tips to tackle debt and regain control  The Scotsman

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Austrans is not the first business associated with O’Shea that has collapsed.

Austrans is not the first business associated with O’Shea that has collapsed.Credit: Instagram

O’Shea, who took over the 37-year-old business from his father, said it had been sabotaged by a rival transport company, which he accused of illegally suspending its services to derail Austrans and its holding company, Vermile Pty Ltd.

“I categorically deny all the allegations in the liquidator’s report. The report is vague, outdated and contains inaccuracies concerning the inflated debt of $116 million which has been substantially exaggerated due to excited creditors adding a decimal point here, and a few extra zeros there,” O’Shea said.

“When the time comes for Cor Cordis to substantiate the debt of $116 million, I’ll be happy…

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TORONTO — Canada’s oldest company will begin liquidating most of its stores this morning.

Hudson’s Bay says all but six of its locations will be selling off their inventory.

The company is aiming to wrap up the liquidation by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be used.

The six stores omitted from the liquidation sales include the flagship on Yonge Street in Toronto, as well as a location in the city’s Yorkdale mall and another farther north in Hillcrest Mall in Richmond Hill, Ont.

The remaining three span downtown Montreal, the Carrefour Laval mall and Point-Claire, Que.

The liquidation comes after the company filed for creditor protection earlier this month, saying it was…

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Freight empire collapses owing $116m  Herald Sun

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Hudson’s Bay liquidation sales begin at all but six of its stores  CTV News

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High Court Creates Insolvency Unit To Streamline Debt Recovery  Channels Television

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  • Television personality and adventurer Ant Middleton has been banned as a director after his Sway and Starting Limited company failed to pay more than £1 million in tax 

  • In the same period, more than £4.5 million was paid into the company’s accounts, indicating it had enough income to pay the tax it owed in full 

  • His wife, Emilie Middleton, has also been disqualified as a company director for four years following investigations by the Insolvency Service 

  • The pair ended up owing their company almost £3 million at the time of liquidation due to an overdrawn director’s loan account 

Television personality Ant Middleton has been banned as a director after his company failed to pay more…

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Hasan Nawaz Sharif, son of PML-N supremo Nawaz Sharif, has been declared bankrupt by the London High Court in a tax and liability case filed by the United Kingdom’s tax and revenue department, according to official court documents.

The UK Gazette, which maintains public records, states that Hasan, a resident of Flat 17 Avenfield House, 118 Park Lane, and listed as a company director, was declared bankrupt in High Court case no694 of 2023.

The bankruptcy declaration follows legal proceedings over non-payment of liabilities, adding to the…

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Hudson’s Bay liquidation sales begin at all but six of its stores  MSN

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Techindia Nirman Limited Continues Corporate Insolvency Resolution Process  TipRanks

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