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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Armaguard rejects $26 million lifeline to avoid insolvency as Coles ends pause on cash deliveries
In short: Armaguard has rejected a lifeline deal worth $26 million to prevent it from becoming insolvent.It comes after Coles
Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading
In short: Childcare group Precious Cargo has gone into voluntary administration.Founder and director Cheryl Shigrov says seven operating childcare centres
HECS reform “not a material change”
Student debt was previously just indexed to the Consumer Price Index (CPI) inflation rate, but the 2024 budget will change
Nottingham City Council declares itself ‘bankrupt’
A meeting is due to take place within the next 21 days to discuss the situation and the authority said
Booktopia in administration after troubled automated warehouse move – Hardware – Software
Booktopia has entered voluntary administration after struggling with the expense of transitioning to a $12 million robot-enabled warehouse facility and to
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Romance Writers of America Goes Bankrupt After Courtney Milan DEI Fight
A professional organization for romance authors filed bankruptcy, blaming the high cost of its annual conference and a membership crisis
Insolvency risk on the rise – Global Directors’ and Officers’ Survey 2024
Since the pandemic, during which insolvency rates were low due to government measures, there has been a considerable rise in
Why HECS-HELP indexation relief is not enough for women
For three million Australians, the announcement of a reduction in indexation on their HECS and HELP student loan debt is
Navigating statutory demands and the presumption of insolvency
A recent judgment of Chief Justice Blow in ARL2 Pty Ltd v Flex Realty Pty Ltd [2024] TASSC 5 is
Bonza airline to go into liquidation
Australian airline Bonza will be placed into liquidation just months after going into involuntary administration.On Tuesday, administrator Hall Chadwick announced
MGM Grand deny Bruno Mars is $50million in debt due to gambling
The MGM Grand have denied that Bruno Mars reportedly owes the casino $50million (£39million) in gambling debt. Mars is set