Insolvency Guardian Media Centre
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ACCRA – On November 24-25, African and European leaders will meet in Luanda, Angola, for the European Union-African Union summit. Marking 25 years of EU-AU partnership, the gathering is not just a celebration but a moment to define what the next quarter-century will mean for relations between the two continents.
For Africa, the stakes could not be higher. Many African countries are burdened by unsustainable levels of sovereign debt that impede their ability to invest in resilient infrastructure and sustainable development. Public external debt has more than tripled since 2008, with a sharp rise in obligations to private bondholders.
These debt burdens have been compounded by the surge in borrowing costs and the…
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CT estate liquidation company buys Bethel retail property CT Insider
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CT estate liquidation company buys Bethel retail property Stamford Advocate
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Struggling businesses hoping for Budget boost says R3 in the North West as it responds to latest insolvency statistics Lancashire Evening Post
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CT estate liquidation company buys Bethel retail property News-Times
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TipRanks Black Friday Sale
Ansal Properties & Infrastructure Ltd. ( (IN:ANSALAPI) ) has provided an update.
Ansal Properties & Infrastructure Ltd. announced the outcome of the 44th Meeting of the Committee of Creditors for its Fernhill Project in Gurugram, Haryana. The meeting resulted in several approvals, including the appointment of a new security agency, legal representation before the Haryana Real Estate Regulatory Authority, and consultants for securing DTCP approval. Additionally, the meeting approved the exclusion of certain periods from the Corporate Insolvency Resolution Process (CIRP) timeline and extended the CIRP period by 60 days. These decisions are part of the company’s ongoing efforts to manage its insolvency…
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Lambert GmbH, a long-established furniture retailer from North Rhine-Westphalia, has filed for insolvency under self-administration. The company, which has been trading since 1967, operates six stores across Germany in Munich, Hamburg, Düsseldorf, Berlin, Frankfurt, and Cologne, as well as an outlet in Mönchengladbach and a store in Zollikon, Switzerland. Lambert employs around 70 staff and generates approximately ten percent of its revenue through online sales.
© Lambert
Sole managing director Ole Franke is overseeing the proceedings, with the international law firm White & Case acting as insolvency administrator….
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Innovative Debt Consolidation Technology Could Save Brits £17.2bn in Unnecessary Interest Payments
Millions of UK consumers could save an average of £1,257 each year by consolidating unoptimised debt, according to new Experian research. As the UK braces for the Autumn Budget this week and with Christmas spending adding seasonal pressure to household budgets, new research reveals that wider adoption of debt consolidation technology could unlock £15.1 billion in household spending and generate £2.1 billion in extra savings annually through reduced interest costs.
Currently, 83% of UK borrowers (34 million people) carry revolving credit that isn’t optimised – meaning they’re paying more interest than necessary. Having multiple…
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[SINGAPORE] Close to 100 creditors are owed slightly over S$1 million by shuttered confectionery chain Twelve Cupcakes, according to one of its appointed liquidators on Tuesday (Nov 25). The amount excludes the unpaid salaries owed to 80 former employees.
The company has entered full liquidation as of Nov 24, the liquidator AAG Corporate Advisory confirmed with The Straits Times. While a committee of inspection, which acts as a representative body for consults with the liquidators, was not appointed yesterday, volunteers are expected to come forward.
Twelve Cupcakes, which had about 20 outlets here, suddenly ceased operations on Oct 29. The Manpower Ministry then said it is investigating the firm, which is owned by Indian tea company…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933.
The insolvencies consisted of 281 compulsory liquidations, 1,578 creditors’ voluntary liquidations (CVLs), 124 administrations and 17 company voluntary arrangements (CVAs). There were no receivership appointments.
CVLs accounted for 79% of all company insolvencies. The number of CVLs was similar to both August 2025 and the same month last year (September 2024).
The number of compulsory liquidations was 9% lower than in August 2025, but 17% higher…
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Bapcor appoints specialist amid debt breach fears The Australian