“KTM is saved!”, many outlets proclaimed a few short weeks ago when the Austrian insolvency courts stated that the company, its debtors, and its shareholders had come to an agreement on how to move forward after basically declaring bankruptcy last year. They were saved! Production is set to resume. And the company’s beleaguered CEO, the man who made many of the financially bad decisions, was out.

Well, sort of. 

But so many pundits, commenters, and folks outside the industry saw this as a win for the manufacturer. And, by and large, it is. But there were caveats to that win. KTM still had to pay a lot of money to its creditors. It had to excise the demon that…

For more than thirty years, college students have been assured that their student loan debts would not follow them forever. The federal government promised that if they paid a portion of their income every month, after a certain number of years any remaining debt would be forgiven. This fundamentally important component of the federal student loan program is currently in danger because of a partisan fight in the courts.

As part of his broader effort to provide loan relief for public servants, seniors, the disabled, and victims of for-profit college scams, President Joe Biden last year created a repayment program called SAVE that offered more generous terms than prior plans. In challenging the SAVE plan in court,…

Southern Water is seeking debt relief from some of its creditors, it was reported on Wednesday, as its owner Macquarie Asset Management injected fresh capital into the struggling UK utility.

According to Bloomberg, which cited people familiar with the matter, the company had approached creditors holding riskier debt at the holding company level, asking them to accept losses on a portion of their £380m in outstanding loans.

However, creditors were apparently resisting the terms and pushing for better conditions.

The request came as part of a broader effort to stabilise Southern Water’s finances, which included £6.7bn in total net debt.

Bloomberg said the firm was raising £900m from shareholders to strengthen its balance sheet,…

The economic landscape of Thailand is currently facing considerable challenges, marked by a significant decline in the SET INDEX, which has fallen to approximately 1,159 points. This drop reflects an alarming loss of investor confidence since Prime Minister Phaethongthan Shinawatra assumed office in August last year when the index was at 1,303, signifying a decrease of 11% or about 49,500 million baht in market value. Amidst these worries, the ramifications of external economic powers, particularly the United States and China, loom large.

China remains focused on attaining an economic growth rate of around 5%, alongside keeping inflation below 2%. Officials are deploying measures such as issuing 4.4 trillion yuan in…

Latest analysis by Allianz Trade has predicted that global business insolvencies will keep rising over the next two years.

Insolvencies rose by 10% in 2024,  and are expected to grow by 6% in 2025 and 3% in 2026. This would result in five successive years of increasing insolvencies (2022 – 2026).

The UK bucks both the global and US trends, in which insolvencies will continue to rise. By the end of 2024, UK business insolvencies began to show signs of a downward trend reversal, registering 26,708 cases. It was the first slight decrease (-5%) after three consecutive years of strong rises that pushed insolvencies to a 10-year record in 2023, as firms faced a succession of shocks and challenges, from Brexit-related…

Today’s company insolvency statistics show accommodation and food services insolvencies fell 7% from 3,747 in the 12 months to January 2024 to 3,474 in the 12 months to January 2025. However, insolvencies in the sector increased 21% month-on-month, from 225 in December 2024 to 273 in January 2025, and were up 3% when compared to the same month last year (265).

Saxon Moseley, partner and head of leisure and hospitality at leading audit, tax and consulting firm RSM UK, said:
“Hospitality trade at the start of the year was particularly tough, so the rise in insolvencies in January was expected, but perhaps not as bad as feared. While some operators managed to weather the storm at the end of last year to maximise trade during the…

The first liquidator’s report on Libelle Group Limited suggests the company was hopelessly incapable of performing its role in providing the National-Act Government’s version of school lunches.

The report is one of the bleakest I have read.

Libelle was contracted to provide 120,000 school lunches each day. It also supplied school tuck shops. Strangely for a catering company it was also a recognised seasonal employer which allowed it to employ seasonal workers.

It had one central manufacturing kitchen where the lunches were made and ten central processing kitchens uses to reheat and distribute the lunches.

The reason for the liquidation is that the company ran out of money. After paying wages on 6…

MicroStrategy holds over 439,000 Bitcoins worth $46 billion. Should the price of BTC plunge, CryptoQuant CEO Ki Young Ju believes the firm may not face bankruptcy, stating it will only happen “if an asteroid hits Earth.” The company continues to profit, with a 72.4% yield this year and a stock surge of 540% in 2024.

Led by Michael Saylor, MicroStrategy, following a recent 15,350 BTC purchase, raised its Bitcoin treasury to a total of 439,000 BTC, which accounts for over 2% of BTC’s total supply. With the firm’s growing position, there are now rising concerns that MicroStrategy could be forced to go bankrupt and liquidate its holdings should Bitcoin suffer a major drop.

Ki Young Ju’s perspective

Ki Young Ju explained that…