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.
Australian active wear label Exoticathletica will cease trading after it fell into voluntary administration with $13m in debts.The company posted
Brittany Higgins's life will drastically change if she is declared bankrupt. Her credit score will plunge, she will struggle to
Creditors Approve IDAGIO Insolvency Plan  OperaWire Read the original article here
A former senator’s bid to discover where Brittany Higgins’ $2.4m compensation payout went after their bruising defamation battle has been
By AARON BUNCH FOR AUSTRALIAN ASSOCIATED PRESS Published: 16:22 AEDT, 11 November 2025 | Updated: 16:22 AEDT, 11 November 2025
Meet Your ETF AI AnalystAn announcement from Pro-Pac Packaging Limited ( (AU:PPG) ) is now available. Pro-Pac Packaging Limited has
A former senator's bid to discover where Brittany Higgins' $2.4 million compensation payout went following their bruising defamation battle has
Sonder Holdings has announced a significant move as it heads towards liquidation. Following the termination of its partnership with Marriott,
Sonder Holdings Inc. (SOND) is facing a significant financial crisis, prompting a Chapter 7 liquidation. This decisive move follows the
Bid to have Brittany Higgins declared bankrupt stalls  The Canberra Times Read the original article here
South Korea’s WeMakePrice declared bankrupt by Seoul court  Tech in Asia Read the original article here
Linda Reynolds wants to know what Brittany Higgins did with her $2.4 million compensation payout. (Richard Wainwright/AAP PHOTOS)A former senator's

Australian active wear label Exoticathletica will cease trading after it fell into voluntary administration with $13m in debts.

The company posted on social media they will close its doors on Sunday after 10 years of “wild, messy, fabulous leggings, crops and chaos”.

“It’s time for us to say something we never thought we would: Exotica is closing our doors on Sunday,” the post read.

“We built this brand for women who dare themselves, who sweat, laugh, cry and strut in every shape and size imaginable.

“We’ve loved watching you own your bodies, your moves, and your boldness. You made it bigger, louder, and wilder than we ever imagined.

“To our creators, our ride-or-die customers, and our team of absolute legends: thank you…

Read the original article here

Brittany Higgins‘s life will drastically change if she is declared bankrupt. Her credit score will plunge, she will struggle to get a mortgage in her name or apply for a credit card, and will require permission to travel overseas.

Bankruptcy proceedings against the former Liberal staffer were commenced by her old Parliament House boss, Senator Linda Reynolds, in the Federal Court in WA on Monday.

The matter was due in court on Tuesday, but the hearing was adjourned to Friday due to a technicality: Ms Higgins was not in court and had not personally received the bankruptcy notice.

Senator Reynolds’ lawyer Martin Bennett told the court his client had not seen a cent of the money she was owed, despite Ms Higgins’ $2.4million Commonwealth…

Read the original article here

Creditors Approve IDAGIO Insolvency Plan  OperaWire

Read the original article here

A former senator’s bid to discover where Brittany Higgins’ $2.4m compensation payout went after their bruising defamation battle has been frustrated by a bankruptcy paperwork glitch.

The former Liberal senator Linda Reynolds successfully sued Higgins over a series of social media posts the former defence minister believed damaged her reputation.

Reynolds was awarded damages of $315,000 plus $26,109 interest after Western Australia’s supreme court in August found some of the posts were defamatory.

The former political staffer was also ordered to pay 80% of her former boss’s legal costs, which were estimated to be more than $1m.

Reynolds launched bankruptcy proceedings in October against Higgins to recoup the costs awarded in her…

Read the original article here

A former senator’s bid to discover where Brittany Higgins‘ $2.4million compensation payout went following their bruising defamation battle has been frustrated by a bankruptcy paperwork glitch.

Ex-Liberal senator Linda Reynolds successfully sued Ms Higgins over a series of social media posts the former defence minister believed damaged her reputation.

Reynolds was awarded damages of $315,000 plus $26,109 interest after Western Australia‘s Supreme Court in August…

Read the original article here

Meet Your ETF AI Analyst

An announcement from Pro-Pac Packaging Limited ( (AU:PPG) ) is now available.

Pro-Pac Packaging Limited has entered voluntary administration, leading to the redundancy of its CEO, Ian Shannon. The Federal Court of Australia and the High Court of New Zealand have extended the period for convening creditor meetings by six months, impacting the company’s restructuring process and stakeholder engagement.

More about Pro-Pac Packaging Limited

Pro-Pac Packaging Limited is an innovative Flexibles and Industrial Specialty Packaging company with a diversified distribution and manufacturing network throughout Australia and New Zealand. Headquartered in Melbourne, it provides bespoke packaging solutions for clients in the…

Read the original article here

A former senator’s bid to discover where Brittany Higgins’ $2.4 million compensation payout went following their bruising defamation battle has been frustrated by a bankruptcy paperwork glitch.

Ex-Liberal senator Linda Reynolds successfully sued Higgins over a series of social media posts the former defence minister believed damaged her reputation.

Reynolds was awarded damages of $315,000 plus $26,109 interest after Western Australia’s Supreme Court in August found some of the posts were defamatory.

Brittany Higgins. (Rhett Wyman)

The former political staffer was also ordered to pay 80 per cent of her former boss’s legal costs, which are estimated to be more than $1 million.

Reynolds launched bankruptcy proceedings in October against Higgins…

Read the original article here

Sonder Holdings has announced a significant move as it heads towards liquidation. Following the termination of its partnership with Marriott, the company found itself unable to secure viable financial alternatives. Consequently, Sonder Holdings has filed for Chapter 7 liquidation. This decision marks a critical point in its operations, affecting its global presence. Let’s delve into the details surrounding this pivotal development.

Sonder Holdings Faces Chapter 7 Liquidation

Sonder Holdings is preparing to liquidate its U.S. business after failing to overcome severe financial struggles. The decision comes on the heels of a terminated partnership with Marriott, which once promised substantial growth. This liquidation involves the sale…

Read the original article here

Sonder Holdings Inc. (SOND) is facing a significant financial crisis, prompting a Chapter 7 liquidation. This decisive move follows the abrupt end of its collaboration with Marriott International amid ongoing financial instability. As of today, SOND’s stock has plunged by over 60%, trading at $0.2039. Struggling with financial setbacks, the company now grapples with its wind-down strategy, marking a sharp turn for this hospitality business.

The Financial Collapse of Sonder Holdings

Sonder Holdings, known for its innovative approach in the hospitality sector, is now under Chapter 7 liquidation. This follows a serious financial setback and the termination of its agreement with Marriott International. With a market cap plummeting to…

Read the original article here

Bid to have Brittany Higgins declared bankrupt stalls  The Canberra Times

Read the original article here

South Korea’s WeMakePrice declared bankrupt by Seoul court  Tech in Asia

Read the original article here

Linda Reynolds wants to know what Brittany Higgins did with her $2.4 million compensation payout. (Richard Wainwright/AAP PHOTOS)

A former senator’s bid to discover where Brittany Higgins’ $2.4 million compensation payout went following their bruising defamation battle has been frustrated by a bankruptcy paperwork glitch.

Ex-Liberal senator Linda Reynolds successfully sued Ms Higgins over a series of social media posts the former defence minister believed damaged her reputation.

Ms Reynolds was awarded damages of $315,000 plus $26,109 interest after Western Australia’s Supreme Court in August found some of the posts were defamatory.

The former political staffer was also ordered to pay 80 per cent of her former boss’s legal…

Read the original article here