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The final chapter is now being written for ENGlobal Corporation, with shareholders facing near-total loss as the company progresses through
The equity story for Meta Materials Inc. (NASDAQ: MMATQ) has reached its conclusive chapter as the company undergoes final liquidation.
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The Bangladesh Bank drafted new bankruptcy laws to replace the 1997 Act, empowering lenders to
Why Has Bowen Coking Coal Entered Voluntary Administration? Bowen Coking Coal, a Queensland-based mining company, has appointed voluntary administrators as
The Sunday Panel: Will asset sales help bring down the nation's debt? ... Read the original article here
Dana White breaks silence on $30 million gambling debt, blames casino ‘clickbait’ for UFC hatchet job  MSN Read the original article
By Kristin Collier This article was originally published by Truthout Privatizing student loan debt would mean less protection for debtors,
Assent: Liquidator appointed as winding-up orders made against Yorkshire building control firm  Yorkshire Post Read the original article here
One man’s fight back in the losing liquidation battle  Thepost Read the original article here
My Wife and I Were Doing OK on $79K Until We Had a Baby. Now We’re $20K in Debt and
Is lending money to family the right thing to do? Or is it a moral obligation? Consider the case of

The final chapter is now being written for ENGlobal Corporation, with shareholders facing near-total loss as the company progresses through Chapter 11 liquidation proceedings. The firm’s shares have been relegated to over-the-counter trading under the ticker ENGCQ following their delisting from the NASDAQ exchange.

ENGlobal’s downward spiral culminated in a Chapter 11 bankruptcy filing on March 5, 2025. What began as a reorganization effort quickly transformed into a full liquidation when the court approved a dissolution plan on June 13, 2025. This development pushed the company’s shares into penny stock territory, where they now trade on the OTC markets.

The company’s financial deterioration was evident even before the bankruptcy…

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The equity story for Meta Materials Inc. (NASDAQ: MMATQ) has reached its conclusive chapter as the company undergoes final liquidation. Following its August 2024 Chapter 7 bankruptcy filing, the process of asset dissolution is now underway, representing a complete loss for investors who held shares in the advanced materials firm.

On August 9, 2024, Meta Materials initiated Chapter 7 proceedings, effectively terminating all business activities. The company discharged its entire workforce, including Chief Executive Officer Uzi Sasson and the complete executive leadership team. Even the corporate website at metamaterial.com has transitioned to administration by the bankruptcy trustee, now functioning exclusively as an informational portal…

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The Bangladesh Bank drafted new bankruptcy laws to replace the 1997 Act, empowering lenders to file bankruptcy cases without the debtor’s consent, creating legal tools to stop asset transfers of defaulters, recover properties from abroad, and even continue proceedings after a defaulter’s death.

It also establishes cross-border insolvency cooperation and brings all financial distress cases under one coordinated legal framework.

The…

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Why Has Bowen Coking Coal Entered Voluntary Administration?

Bowen Coking Coal, a Queensland-based mining company, has appointed voluntary administrators as of July 30, 2025, putting more than 500 jobs at risk at its Burton Mine near Moranbah. The company’s decision follows a series of financial challenges that have made its operations increasingly unsustainable in Queensland’s current regulatory environment.

Mark Holland and Shaun Fraser from McGrathNicol Restructuring have been appointed as voluntary administrators to oversee the process. According to the company’s stock exchange filing, “The administration process is expected to provide a window which will allow for a sale or recapitalisation to be completed,” suggesting that…

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The Sunday Panel: Will asset sales help bring down the nation’s debt?

















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Dana White breaks silence on $30 million gambling debt, blames casino ‘clickbait’ for UFC hatchet job  MSN

Read the original article here

By Kristin Collier

This article was originally published by Truthout

Privatizing student loan debt would mean less protection for debtors, more suffering, and fewer paths to relief.

Trump administration officials are once again exploring the possibility of selling portions of the federal government’s $1.6 trillion student loan portfolio, held by about 45 million borrowers, according to recent reporting by Politico.

Federal law dictates that such a sale cannot cost taxpayers any money. But, as Eileen Connor, executive director of the Project on Predatory Student Lending, told Politico, executing a deal that benefits both taxpayers and borrowers is nearly impossible. The federal government enjoys extraordinary powers of…

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Assent: Liquidator appointed as winding-up orders made against Yorkshire building control firm  Yorkshire Post

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One man’s fight back in the losing liquidation battle  Thepost

Read the original article here

My Wife and I Were Doing OK on $79K Until We Had a Baby. Now We’re $20K in Debt and Dying to Get Back on Track. But How?  moneywise.com

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Is lending money to family the right thing to do? Or is it a moral obligation?

Consider the case of Jessie, a 33-year-old who is debt-free, runs her own business and lives comfortably after all her hard work and risk-taking. When her 29-year-old brother, Mark, recently asked her to cover four months worth of his rent, she said no.

It wasn’t because Jessie couldn’t afford it. It was because she’d been down that rabbit hole before.

Still, Jessie insists the decision isn’t an act of selfishness. It’s about establishing boundaries.

According to Lending Tree, 35% of Americans who’ve lent money to family or friends in the past reported negative consequences (1). These include hurt feelings (14%),…

Read the original article here