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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Bankruptcy favors corporations over individuals, new book argues
Bankruptcy is the busiest federal court in the U.S. Last year, more than 200 companies with at least $50 million
NCLT dismisses Indian Bank’s insolvency plea against Mantri Developers
Mantri Developers was admitted to the Corporate Insolvency Resolution Process (CIRP) in 2023 on a petition by India Bulls alleging
Thailand’s debt relief plan heads to Cabinet
  The government will submit a two-pronged debt relief plan to the Cabinet for approval on Wednesday (December 11).   
Government injects $80m to keep Rex flying – Australian Aviation
A Rex Saab 340B, VH-SBA. (Image: Rex) The federal government has offered a financial lifeline to Rex as its administrators
500 jobs gone as iconic fashion retailer shuts down – Toowoomba Chronicle
500 jobs gone as iconic fashion retailer shuts down  Toowoomba Chronicle Read the original article here
Pinot & Picasso franchisor falls into administration
The future of popular paint-and-sip business Pinot & Picasso is uncertain after its master franchisor entered voluntary administration last week.
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Katies to be wound down and 80 Millers, Rivers and Noni B stores to close amid Mosaic Brands ‘consolidation’
Women’s clothing line Katies will be wound down while dozens of Millers, Rivers and Noni B stores will close as
500 jobs gone as iconic fashion retailer shuts down – The Mercury
500 jobs gone as iconic fashion retailer shuts down  The Mercury Read the original article here
Small Business BC abruptly declares bankruptcy
A decades-old non-profit with a mandate of supporting B.C.'s small businesses abruptly declared bankruptcy – resulting in dozens of employees