Latest monthly statistics from the Insolvency Service show that busines insolvencies increased whilst personal insolvencies fell in Northern Ireland in October 2025.
The data shows that there 48 business insolvencies registered, 55% higher than in October 2024. The insolvencies was comprised of 35 compulsory liquidations, 12 CVLs and one CVA. There were no administrations or receivership appointments.
Personal insolvency data showed that there were 132 insolvencies in Northern Ireland. This was 15% lower than in October 2024. There were 98 IVAs, 19 bankruptcies and 15 DROs.
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SAB Events & Governance Now Media Limited Initiates Pre-Packaged Insolvency Resolution Process scanx.trade
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Jacob Napolitano (28) had arrived into Ireland on an Aer Lingus flight from Los Angelas last May when a customs officer became suspicious of his behaviour
Dublin Airport. Photo: Getty
A Californian gambling addict caught trying to smuggle nearly €300,000 worth of drugs through Dublin airport has been jailed for four years.
Jacob Napolitano (28) had arrived into Ireland on an Aer Lingus flight from Los Angelas last May when a customs officer became suspicious of his behaviour.
The officer questioned him and then put his bags through an X-ray machine which revealed a number of suspicious-looking packages. Multiple vacuum packed packages containing cannabis were found with a total weight of just over 17 kilos.
Garda Aine…
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Excelsior Capital (ASX: ECL) faces its most dramatic shareholder meeting in years today, with investors voting on whether to liquidate the company entirely and remove its CEO. Shareholders controlling at least 5% have requisitioned resolutions, essentially a formal demand forcing the board to hold a vote to wind up Excelsior, appoint liquidators from BRI Ferrier, and replace CEO Danny Herceg and director Ryan Mount with two new directors. The board has unanimously recommended that shareholders vote against the proposals, setting up a high-stakes corporate governance battle that will determine the company’s future within hours.
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Shareholders Demand…
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REVEALED: Latest business liquidations in Yarra Herald Sun
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Restructuring and insolvency practice launches North West operation – will be led by well known figure Insider Media Ltd
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Small business restructuring (SBR), introduced in January 2021, has morphed from a helpful mechanism for small businesses into a trap that business owners need to be wary of when tackling financial distress.
Eddie Griffith, Affiliation for Business Resilience and Turnaround (ABRT) chair, said the original intent of the SBR process was to give viable small businesses a faster, cheaper restructuring option without handing full control to a liquidator.
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“Nearly five years on it has become a hunting ground for unqualified salespeople, unethical commission agents and offshore call centres pushing false hope to desperate directors,” he said.
“Unregulated lead…
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Troubled fitness chain Derrimut 24:7 Gym has entered a critical phase of its bankruptcy and restructure, with expressions of interest now officially being sought for the business while administrators work to protect staff entitlements.
Amid mounting pressure from the Australian Taxation Office (ATO) over unpaid tax, superannuation and supplier debts, the chain’s operating entity was placed in voluntary administration earlier this month.
HM Advisory’s Stephen Dixon has been appointed as Administrator to Derrimut Gyms which includes three companies – Derrimut 247 Gym (VIC) Pty Ltd, Derrimut 247 Gym (SA) Pty Ltd and ACN 139 283 104 Pty Ltd. The latter is the Trustee of the Solomos Family Trust.
HM Advisory has confirmed that more…
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Many developing countries, particularly in Africa, are experiencing a rapidly worsening sovereign debt crisis, according to global economic experts. Economic stability is at risk if this crisis is not addressed quickly and thoroughly, and experts are calling on G20 leaders to commit to strong actions as they prepare to meet this month in Johannesburg, South Africa.
The upcoming South African G20 presidency will focus on African debt sustainability, as low- and middle-income countries urge reforms to avoid debt derailing development. There are several priority areas, including the G20 Common Framework for Debt Treatment, debt transparency, and innovative financial mechanisms such as debt-for-climate swaps. To achieve this goal, it will…
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Big Brands Are Crashing: US Corporate Bankruptcies Soar Industry Leaders Magazine
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
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The US, the most influential member of the G20—which accounts for 85 percent of global GDP and about two-thirds of the world’s population—is skipping the event as part of President Donald Trump’s broader withdrawal from multilateral platforms. The boycott follows a similar move at the COP30 climate summit in Brazil, and comes amid US tariffs on several nations,…


