Insolvency Guardian Media Centre
New campaign shares best ways to enjoy a debt-free Christmas Gibraltar Broadcasting Corporation
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Restructuring and Insolvency Lawyers Gilbert + Tobin
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Anthony McCaughley speaks about his career from stabbing Jon Snow to directing axe-throwing
Staff at Black Axe Belfast: Will Lavery, manager, Anthony McCaughley, owner/director, Andrew Cassidy, lead instructor
The owner of a Belfast axe-throwing venue has spoken of how he saved an indebted venue from closure after the previous owners went into liquidation.
Anthony McCaughley, 50, became the owner and manager of Black Axe Throwing Co in Belfast last year, when the then-owners revealed the venue was facing shutdown.
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As per the proposal, the Information Memorandum (IM) must include the names, units allotted, and amounts due for all allottees as reflected in the corporate debtor’s (developer’s) own books of account, irrespective of whether they have formally submitted a claim. The resolution plan subsequently prepared by prospective buyers must provide for the treatment of these allottees.
The discussion paper claims that the change is intended to prevent post-resolution issues, uncertainty, and litigation when non-filing homebuyers approach the successful resolution applicant seeking inclusion.
An information memorandum is a detailed document that includes all information about a company undergoing an insolvency process. The memorandum must have…
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Issuer innovation and regulatory support can help grow sustainable debt in emerging markets, a critical tool to address the multi-trillion-dollar climate financing gap, according to a new BloombergNEF (BNEF) report, Scaling Sustainable Debt in Emerging Markets.
The report, commissioned by the Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA), finds that nearly half of all financing for low-carbon energy companies in the Middle East and North Africa (MENA) and emerging Asia Pacific (APAC) comes from labeled sustainable debt. These instruments are an important channel of capital to the energy transition and have a strong foundation for growth.
Sustainable debt issuance stagnates in…
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Brazil’s Central Bank on Tuesday ordered the extrajudicial liquidation of Banco Master, shutting down the institution and terminating its operations indefinitely.
The order, signed by Central Bank president Gabriel Galípolo, also calls for the judicial liquidation of Master SA Corretora de Câmbio.
The regulator appointed EFB Regimes Especiais de Empresas as the liquidator, granting it broad authority to dismantle the financial group’s activities.
The announcement came shortly after Federal Police arrested Banco Master owner Daniel Vorcaro in São Paulo.
His detention followed intensifying regulatory scrutiny and marked a dramatic turn for the lender, which had been on the verge of collapse for months.
Failed sale and aborted…
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Global insolvencies to peak in 2026 amid trade shifts – Allianz Insurance Business America
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How Abengoa Group impacted the Spanish economy EY
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In a significant move aimed at protecting homebuyers, the Insolvency and Bankruptcy Board of India (IBBI) has proposed a major change that would automatically include all allottees in a real estate project in the resolution process, even if they fail to file their claims formally.
This proposal is part of a broader discussion paper titled “Strengthening safeguards and transparency in the CIRP,” released today, which outlines four key reforms to plug procedural gaps in the Corporate Insolvency Resolution Process (CIRP).
Homebuyers to get automatic recognition
Under the current framework, only homebuyers who formally submit their claims to the resolution professional are considered in the Information Memorandum (IM)…
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Siix Corporation ( (JP:7613) ) has issued an announcement.
SIIX Corporation has finalized a transfer agreement to sell its entire equity interest in its Hungarian subsidiary, SIIX Hungary Kft., to Vipulse Technology Kft. This move is part of the company’s ongoing liquidation process of the subsidiary, which will result in an extraordinary loss of approximately 425 million yen on consolidated results and 2,243 million yen on non-consolidated results for the fiscal year ending December 2025. The financial impact has already been included in the company’s earnings forecast, and any necessary revisions will be announced promptly.
The most recent analyst rating on (JP:7613) stock is a Hold with a Yen1298.00 price…
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The Insolvency and Bankruptcy Board of India (IBBI) has unveiled a comprehensive set of proposals aimed at overhauling the valuation process under the Insolvency and Bankruptcy Code (IBC), a move intended to enhance transparency, consistency, and the reliability of asset assessments during corporate resolutions.
In a discussion paper released today, the IBBI identified key challenges in the current system, including inconsistent valuation reports, the use of different standards, and a failure to capture the holistic “going concern” value of a business. To address these, the regulator has put forward five key reform proposals.
Key proposed reforms:
- Standardised Valuation Reports: The IBBI plans to mandate a…
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