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.
Go to ASIC
Readie Construction parent firm enters liquidation
Liquidators have been appointed for Readie Management Limited (RML), the parent company of collapsed contractor Readie Construction.Jacob Beake and Gavin
Nearly 30 Russian airlines may go bankrupt in 2025, media reports
About 30 Russian airlines, accounting for 26% of domestic passenger traffic, may go bankrupt in 2025, Russia's Izvestia newspaper reported
NCLT to hear Ireda’s insolvency plea against Gensol next month: Report
The National Company Law Tribunal (NCLT) has issued a notice to Gensol Engineering following the insolvency plea filed against it
Hong Leong Bank negligently released RM1.2mil to insolvency dept, rules court
The Court of Appeal has ordered Hong Leong Bank to pay RM1,270,262.15 to Ten Jing Enterprise Sdn Bhd, together with
Warning signal sounded by Atradius experts: corporate insolvencies on the rise in Europe and Romania
Against the backdrop of global economic instability, the number of insolvencies worldwide recorded a 19% increase in 2024 compared to
Medical debts erased for 310,000 Orange County residents
Thousands of Orange County residents saddled with medical debts have been granted a “no-strings-attached gift,” according to a national nonprofit
‘Can’t operate beyond FY26’, says Vodafone, may have to go to NCLT for insolvency – Industry News
Vodafone Idea has said that it cannot operate beyond FY26 without the government’s support. This is as per a report
IREDA’s Insolvency Petition Against Gensol to be Heard by NCLT on June 3
Indian Renewable Energy Development Agency Ltd. filed an insolvency petition against Gensol Engineering Ltd. before the National Company Law Tribunal
Crisafulli settled $200,000 insolvent trading claim – The Australian
Crisafulli settled $200,000 insolvent trading claim  The Australian Read the original article here
NCLT Issues notice to FIITJEE in an insolvency plea by former employee
A Bench of NCLT comprising Mahendra Khandelwal (Judicial Member) and Subrata Kumar Dash (Technical Member) heard the matter and directed
Local business helps eliminate millions of dollars in debt
SAVANNAH, Ga. (WTOC) - Broughton Partners offers legal marketing services, but they’ve also been helping people in a vulnerable time
More people have bank accounts but one in ten have no cash savings, FCA Financial Lives survey reveals
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another