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.
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Cheque-bounce cases can’t be filed or continued against firms facing IBC proceedings, says SC – Business Today
The Supreme Court Monday held the cheque bounce cases can neither be instituted nor be continued against companies which are
Liquidation of OK Lim’s Fleet Moves Ahead – The Maritime Executive
Tankers moored at Universal Terminals, the most valuable asset in the Lim family's shipping and trading empire (Universal Terminals) By
Full list: 36 Qld companies collapse in 28 days – Daily Mercury
Hospitality and tourism businesses continue to be the hardest hit due to the impact of COVID-19 with several closing their
Insolvency Regime Changes Help SMEs – Mirage News
SMEs TO BENEFIT FROM CHANGES TO INSOLVENCY REGIME The new insolvency reforms introduced by the Australian Government for incorporated small
Final lessor creditor agrees to Malaysia Airlines’ restructuring – Flightglobal
The final lessor creditor under Malaysia Airlines scheme of arrangement has given consent to that scheme as well as the
Insolvency through the looking glass – BlueNotes
The key aspects of this new law are: Available for companies with liabilities under $A1 million. A moratorium from creditor
Insolvency Service payouts hit 10-year high of £453m in 2020 – Yahoo Finance UK
The Insolvency Service paid out 453.4 million in missing wages and benefits to workers at firms that went bust last
The bank accounts and credit cards that block gambling – Savings.com.au
Heres a list of Australian financial institutions that you could consider using to help curb your gambling spend. Australians lose
Fintech rolls out solution to help borrowers renegotiate debt – Australian Broker
Brisbane-based Credit Reboot has developed and rolled out a software that allows consumers and small businesses to renegotiate their debts
Greensill Capital Faces Possible Insolvency After Credit Suisse Suspends Investment Funds – The Wall Street Journal
Specialty finance firm Greensill Capital headed toward a rapid unraveling after Credit Suisse Group AG suspended $10 billion of investment
Greensill discussing insolvency after Credit Suisse fund freeze – Sydney Morning Herald
The dramatic developments cap almost three years of trouble for Greensill Capital, a startup lender aiming to disrupt a niche
UPA restructuring needed, Pawar should lead alliance: Sanjay Raut – Business Standard
Raut said there is a need to restructure the UPA, and the new alliance should be led by a leader