Insolvency Guardian Media Centre

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The federal government becomes Rex Airlines’ largest secured creditor, sparking talk of nationalisation
In the lead-up to a federal election, bipartisan support to rescue the key regional airline Rex may not surprise voters.But
Akron medical debt relief will continue but with new funding source
Akron will no longer use COVID-19 relief dollars to help cancel residents’ medical debt. The debt relief program will still
Akron medical debt relief will continue but with new funding source
Akron will no longer use COVID-19 relief dollars to help cancel residents’ medical debt. The debt relief program will still
KTM creditors file claims of €2.2 billion in court hearing
Creditors filed claims totalling around €2.2 billion against KTM AG and its two subsidiaries during the companies' insolvency proceedings in
French e-bike startup Angell nears bankruptcy
Angell, a French smart electric bike startup, has announced in an email to customers that the company is declaring insolvency
Andover Christians Against Poverty offering debt help
Christians Against Poverty (CAP) is running the "Budget Not Blues" campaign to help people take control of their finances. The
Resist ‘predatory’ Boxing Day gambling offers, say NHS bosses amid worsening crisis | Gambling
The “barrage” of betting advertisements around Boxing Day sporting fixtures will exacerbate Britain’s growing gambling problem, NHS bosses are warning.Promotional
German dentists scheme faces losses on insolvent insurtech start-up – IPE.com
German dentists scheme faces losses on insolvent insurtech start-up  IPE.com Read the original article here
Record rise in UK businesses in severe financial distress
There has been a record rise in UK businesses in severe financial distress as companies find it “almost impossible to
KTM creditors file claims of €2.2 billion in court…
Creditors filed claims totalling around 2.2 billion euros against KTM AG and its two subsidiaries during the companies' insolvency proceedings
Allianz Trade Insolvency Report
In its latest Global Insolvency Report, Allianz Trade reveals a more severe outlook for the global business landscape, with insolvencies
US EV start-up Canoo files for bankruptcy, immediately ceases operations
Texas based electric vehicle (EV) start-up Canoo announced last week that it was filing for bankruptcy and would immediately cease