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.
The stock of Acme Solar Holdings has gained 19% in four trading sessions after the company declared strong December quarter
The weight of debt can crush anyone, regardless of age.  Here in Delaware, a family recently reached out to the
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization.
Debts left behind by Nordis insolvency: 729 million lei - The Romania Journal
IBC Weekly Round Up[27th January-2nd February 2025]  Live Law - Indian Legal News Read the original article here
PGA enters voluntary administration  Farming Ahead Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser
Triple Point Energy Transition PLC Revises Liquidation Timetable  TipRanks Read the original article here
The number of people going financially insolvent in England and Wales last year was 14% higher than in 2023, driven
Learn more about the corporate insolvency framework if uncertain about your financial future As our Momentum survey reveals, many small
‘The perfect storm’: Breakers for sale after going into liquidation  The Post Read the original article here
Make your business immune to supply chain contagion  The Scotsman Read the original article here

The stock of Acme Solar Holdings has gained 19% in four trading sessions after the company declared strong December quarter numbers on January 29. The solar power generator has nearly doubled its operational capacity in the first nine months of FY25 to 2,540 megawatts (MW) from the previous fiscal year, while reducing debt burden with the help of the IPO proceeds. The company has signed power purchase agreements for 53% of the 4,430 MW of under construction capacity. It expects to improve the capacity utilisation factor (CUF) of its plants to over 30% from the current 23.7% thereby improving operational efficiency.

The company builds, owns, and operates renewable energy projects in solar, wind, hybrid and firm and dispatchable renewable…

Read the original article here

The weight of debt can crush anyone, regardless of age.  Here in Delaware, a family recently reached out to the Better Business Bureau for help navigating the overwhelming world of debt relief, and we want to share the resources we provided them.

With Americans facing a staggering $17 trillion in consumer debt (Experian), the struggle is real, and unfortunately, the debt relief industry is rife with predatory practices. From misleading promises and exorbitant fees to outright scams, it’s crucial to be informed before seeking help.

BBB research exposes these pitfalls and provides crucial information on debt relief, consolidation, credit repair, and counseling options. It’s a must-read for anyone grappling with debt or worried about a…

Read the original article here

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

Read the original article here








Debts left behind by Nordis insolvency: 729 million lei – The Romania Journal



























Read the original article here

IBC Weekly Round Up[27th January-2nd February 2025]  Live Law – Indian Legal News

Read the original article here

PGA enters voluntary administration  Farming Ahead

Read the original article here

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally” (This will use…

Read the original article here

Triple Point Energy Transition PLC Revises Liquidation Timetable  TipRanks

Read the original article here

The number of people going financially insolvent in England and Wales last year was 14% higher than in 2023, driven by debt relief orders (DROs) jumping to a record high, according to the Insolvency Service.

Some 117,947 personal insolvencies were registered in 2024, 14% higher than the 103,434 recorded in 2023.

Within the total, there were 43,249 DROs – the highest annual number on record and 36% higher than in 2023.

This followed the removal of a £90 administration fee to obtain a DRO from April 2024 and the expansion of eligibility criteria in June last year, with the debt threshold being increased from £30,000 to £50,000.

In 2024, 57% of individual insolvencies were individual voluntary arrangements (IVAs), 37% were DROs, and 6%…

Read the original article here

Learn more about the corporate insolvency framework if uncertain about your financial future

As our Momentum survey reveals, many small businesses are doing it tough. If you are facing financial distress, you should seek professional advice. Seeking advice early could give you access to more pathways to turn your business around, such as by negotiating with creditors, restructuring your operations and gaining a better understanding your obligations should your business become insolvent.

In 2021, changes to the corporate insolvency framework were introduced to help smaller companies facing financial distress. The changes introduced the Simplified Restructuring Process (SRP) and the Simplified…

Read the original article here

‘The perfect storm’: Breakers for sale after going into liquidation  The Post

Read the original article here

Make your business immune to supply chain contagion  The Scotsman

Read the original article here