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.
The future of Cork Pride is in jeopardy after the company behind the festival, Cork Pride LGBT+ Pride CLG, went into liquidation after incurring costs in a High Court case.
As The Journal reports, a creditors’ meeting took place on Wednesday where they met with Gerard Murphy, an accountant who has been appointed as the liquidator to “wind up the company”.
Mr Murphy told the publication that the company went into liquidation over costs incurred as a result of a legal dispute with a former employee at the High Court.
With doubt surrounding the future of Cork Pride, Gay Project, a Cork-based LGBTQ+ NGO issued a statement saying they were “sad” to learn Cork Pride has entered liquidation.
The London-based company, set up eight years ago to revive dying town centres, appointed advisory firm Begbies Traynor as its liquidator this week, according to documents filed at Companies House.
The group focused on transforming derelict retail sites into multi-space community centres, offering cinemas, cafés, live music venues and bars. Its developments include Catford Mews, Ealing Project, Peckham Levels, Reading Biscuit Factory and Sidcup Storyteller.
The £1.6 million Reading Biscuit Factory by Wren Architecture and Design won an AJ Retrofit Award in 2022, while the Sidcup Storyteller scheme designed by DRDH Architects and delivered by Bexley Council picked up an AJ Architecture Award last year.
Toby called into The Ramsey Show from Ohio, laying his problems on the line. He’s homeless, unemployed and saddled with $14,000 in debt of which nearly half is a car loan. Even his car’s “broke.”
He was charged with a DUI last year, and added that he had developed a mental block about working.
Toby asked Dave Ramsey and Jade Warshaw if declaring bankruptcy was a “smart move.”
“Toby, you’re not bankrupt,” Ramsey responded. “You’re broke, homeless and don’t have a job.” (1)
Ramsey said debt was simply a symptom of “all the other crap that’s going on in your life — not keeping a job, DUIs and all this other stuff.”
He and Warshaw urged Toby to find a steady job to get his life back…
With the G20 heads of state summit drawing closer, Africa is racing to rally global support for its agenda. South Africa’s presidency is seeking to drive consensus and action on priority issues like climate finance, debt relief, global financial reform, and inequality. But why should leaders outside of Africa take on these challenges with the same gusto as Africa’s leaders? Because it is in their self-interest to do so. Success or failure in these matters will have far-reaching implications not only for Africa’s future, but for the world’s collective stability and prosperity.
The 21st century is unmistakably the African century. The continent is undergoing a major demographic transformation that has magnified its role in the…
The German parliament’s budget committee has approved revised 2026 spending plans that include even higher debts than originally thought, lawmakers said Friday, as the government gears up for an investment splurge.
Chancellor Friedrich Merz and his coalition partners also agreed further measures late Thursday aimed at helping Europe’s struggling top economy, chief among them a reduction in industrial power prices.
“A strong Germany needs a strong economy and secure, well-paid jobs,” said Merz, as he announced the policies.
Merz has made reviving the eurozone’s traditional powerhouse a priority after…
NEW YORK (WABC) — Nearly 71 million Americans have debts that have gone into collections. So, what do you do if a collector calls? Don’t panic, Nina Pineda has your consumer bill of rights.
One of those rights includes the time a bill collector can ring your phone. By law, they can’t call you before 9 a.m. or after 8 p.m.
But they can, will, and do stalk your social media, so if you owe, be careful what you share.
Debt collectors in your DMs?
“I’ve seen it happen,” said Leslie Tayne, a debt relief attorney.
Tayne has fielded angry calls from collectors.
“We saw you client on social on vacation. We saw your clients showing off their new car, the new clothes they bought,” Tayne said. “They’re out on the town, but your clients are telling us…
In order to continue, you need to verify that you’re not a robot by solving a CAPTCHA puzzle.
The CAPTCHA puzzle requires JavaScript. Enable JavaScript and then reload the page.
Evidence has shown the number of people seeking advice from Citizens Advice Scotland over the problem has jumped 65% since 2019/20.
The average energy debt people are presenting with has been recorded at £2,500 – a figure that it’s been suggested will be “much higher” in some cases.
The matter was discussed at the Fairer Renfrewshire sub-committee – a task force which focuses support for those affected by the cost-of-living crisis – on Wednesday.
