Insolvency Guardian Media Centre
Hollywood star Michael Sheen wipes off $2 million in strangers’ debt The New Daily
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Quarterly MNP poll finds British Columbians reluctant to seek help for finances Castanet.net
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Two of the men behind the £237 million London Capital & Finance investment fraud have been made bankrupt.
Spencer Golding and John Russell-Murphy were among five individuals that a High Court judge late last year found liable for hundreds of millions of pounds in damages after LCF was ruled to be a Ponzi scheme.
Notices show that a bankruptcy order was made against Golding last month, while an order was made against Russell-Murphy in December. The petitioner in the case of Golding was Addleshaw Goddard, a law firm, and it is related to unpaid legal fees owed by Golding. HM Revenue & Customs was the petitioner in Russell-Murphy’s bankruptcy. Neither man could be reached for comment and Addleshaw Goddard declined to comment.
HMRC said
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A drone photo of the Ardmore mine site taken in January 2025. Photo: Centrex
PHOSPHATE miner Centrex, and its subsidiary Agriflex, have entered voluntary administration, placing a cloud of uncertainty over the Ardmore operation in north-west Queensland.
Alongside Incitec Pivot’s Phosphate Hill operation, Centrex’s Ardmore Phosphate Project, 120km from Mount Isa, is one of only two Australian mines producing commercial quantities of phosphate concentrate.
In a statement released to the ASX on Tuesday, Centrex said it had appointed John Park and Joanne Dunn of FTI Consulting as joint administrators to oversee the process.
“The voluntary administrators are continuing to operate the businesses of Centrex and…
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Sphere Revolutionized Concerts, So Why Might It Go Bankrupt? MSN
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A businessman whose podcast has featured a former England rugby captain, the Duchess of York and an ex Conservative minister has been made bankrupt for a second time.
A High Court bankruptcy petition was filed against Matt Haycox, a self-styled investor, mentor and philanthropist, by the administrators of an insolvent peer-to-peer lender in January.
Haycox, 44, was previously banned from being a director for 12 years until 2022 after an investigation by the Insolvency Service into his lap-dancing club business in the north of England.
Recent, separate, investigations by insolvency practitioners at Grant Thornton, the administrators of Huddle SPV 4 Limited, part of an insolvent peer-to-peer lending group, alleged an “individual may have…
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Centrex phosphate mine enters voluntary administration citing rail costs MSN
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Volocopter GmbH, a pioneer in the field of urban air mobility, is facing an uncertain future. On December 26, 2024, the company filed an application with the Karlsruhe District Court to open insolvency proceedings, which have now been officially initiated. Despite these financial turbulences, Volocopter continues to focus on successful restructuring and the continuation of its vision.
Since its founding in 2011, Volocopter has been committed to developing fully electric vertical take-off and landing aircraft designed to revolutionize urban transport. With over 2000 successful test flights and prominent investors such as the Mercedes-Benz Group and Intel Capital, the company was considered a pioneer in the industry. The main…
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How AI can transform insolvency in digital age Business Daily
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Phosphate was supposed to be the outback’s next big economic opportunity, but one mining company says the cost of rail freight has brought its project to the end of the line.
Just three years after its first shipments were celebrated for reducing Australia’s reliance on imports, the Ardmore Mine, about 140 kilometres south of Mount Isa, has entered voluntary administration, with about 150 jobs now on the line.
Mining companies say the cost of hauling their minerals to port is too high. (Supplied: North West Phosphate)
The critical mineral is a key ingredient in fertiliser and some rechargeable batteries, and the Cambrian Georgina Basin, on the Queensland-Northern Territory border, contains some of the largest untapped deposits in the…
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Trump once again tries to force his extreme political views on the American people—weaponizing federal government and holding resources owed to hardworking Americans hostage
Washington, D.C. — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and a senior member and former chair of the Senate Committee on Health, Education, Labor, and Pensions (HELP), issued the following statement on the Executive Order that President Trump today signaled he would soon sign denying student loan forgiveness under the Public Service Loan Forgiveness (PSLF) program to public servants who have worked in fields the president disagrees with.
“The Public Service Loan Forgiveness program helps public…
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Hollywood actor Michael Sheen, best known for his performances in Amadeus, Twilight, A Very Royal Scandal, and more, has paid off 900 people’s debt worth $1million. According to the BBC, the actor took the initiative to help people in his hometown in South Wales.
The people of Port Talbot were majorly affected when Tata Steels closed last remaining blast furnace in September last year. The decision was controversial as it is part of a restructuring plan at the UK’s largest steelworks that would result in the loss of 2,800 jobs.
(Also Read: Michael Sheen to usher in ‘new dawn’ with new Welsh National Theatre company)