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.
Go to ASIC
Injury claims boss jailed after removing company funds before closure – Mirage News
Personal injury claims boss jailed for 21 months after fraudulently removing company funds in the months before the courts would
Nearly 65000 Malaysians declared bankrupt over past five years, DPM reveals – Malay Mail
Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail speaks at the Financial Literacy Symposium in Petaling Jaya November
ASIC reveals reasons behind business insolvencies – My Business
Inadequate cash flow and poor strategic management of business were the biggest causes of failed businesses in the last financial
Strongbuild falls as Frasers Property pulls the pin on a major deal – The Fifth Estate
Prefabrication and lightweight timber builder Strongbuild was placed into voluntary administration at 9 am on Thursday morning after Frasers Australia
Betsy DeVos sued again over delays in student debt relief – WTVA
Secretary of Education Betsy DeVos was hit with another lawsuit Tuesday claiming she failed to cancel student debt owed by
Drake & Scull reports $135m loss in Q3 over restructuring – ArabianBusiness.com
Drake and Scull International (DSI) incurred a net loss of AED 498 million ($135.58 million) in the third quarter of
Why is the UK behind on insolvency reform? – Accountancy Age
Reform of UK corporate insolvency and restructuring frameworks is desperately needed. That is the message from accountants and industry insiders
Tencent seeks to kill silo culture that gave it WeChat as it expands into AI, big data – The Star...
Tencent executives have told employees that the companys silo culture, which helped create its hugely successful WeChat product, will need
Delays in top 12 corporate insolvency cases cost lenders Rs 40 billion – Business Standard
The resolution of corporate debtors under the Insolvency and Bankruptcy Code (IBC), nearly two years since its inception, is
German fashion startup Lesara files for insolvency – FashionUnited UK (blog)
Angela Gonzalez-Rodriguez | Wednesday, 14 November 2018 German online fashion and lifestyle products startup Lesara has filed for insolvency at
Government reverses decision to cut funding from national debt helpline – The Guardian
A decision to cease federal funding to two key groups operating Australias national debt helpline could have put the entire
Consumer spending could help offset debt risks – Mortgage Business
While high household debt remains a risk to economic stability, consumer spending is also a source of stability, according to