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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Transnet turns to government for debt relief lifeline ‣ WorldCargo News
South Africa’s Transnet sets sights on government assistance to alleviate its US$7.3 billion debt. South Africa’s Transnet is seeking government
Sharp rise in company insolvencies
There was a significant increase in the number of firms that became insolvent in July when compare with the corresponding
Operational creditors continue to get little of insolvency proceeds – MSN
Operational creditors continue to get little of insolvency proceeds  MSN Read the original article here
Business insolvencies fall by 7%
Latest figures from the Insolvency Service have shown that there were 2,191 business insolvencies in England & Wales in July
Overall business insolvencies hit new peak in May
Insolvencies across the board have peaked at 1,711 in May 2024, up by 59.9 per cent from last year. This
Turkish airline Atlasglobal’s bankruptcy finalized as court ends legal battle
Atlasglobal, a prominent Turkish airline, declared bankruptcy in June 2021, officially confirmed by the Supreme Court. While this development marks
Selina Hospitality collapsing in insolvency
Once valued at $1.2 billion, the “digital nomads” lifestyle brand will be delisted from the Nasdaq. LONDON - The Board
Experts responds to July 2024 insolvency statistics – NationalWorld
Experts responds to July 2024 insolvency statistics  NationalWorld Read the original article here
More than 47,000 UK businesses on ‘brink of collapse’, warn insolvency experts | Recession
More than 47,000 UK companies are on the brink of collapse after a 25% jump in the number of businesses
Company insolvencies rise; Fiat’s Panda cull; Facebook ad changes; Audi RS3 updated – Car Dealer Magazine
Company insolvencies up 16% on July last year as cost hikes continue to bite The number of companies that became
Invitae gets court approval for five-month bankruptcy sale – Reuters
Invitae gets court approval for five-month bankruptcy sale  Reuters Read the original article here
ATO crackdown on tax debts leads to a spike in insolvencies
Tax debt has emerged as one of the biggest drivers of corporate insolvencies over the past year, with the latest data