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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Domestic debt restructuring A large and growing share of domestic-law public debt within the sovereign liabilities of many low- and
Key Takeaways The average American had just over $105,000 in total debt as of the third quarter of 2024, according
New On The Block Miyoko Schinner — the chef and activist who pioneered artisanal vegan cheese — is mounting a
Casino Operator Affinity Looks to Moelis to Advise on Debt Talks  Bloomberg.com Read the original article here
The National Company Law Tribunal (NCLT), New Delhi Bench, has approved the resolution plan submitted by JTL Industries Limited for
TILT Holdings Inc. SCOTTSDALE, Ariz., Nov. 07, 2025 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA:
The government shutdown is wreaking havoc on U.S. travel. Essential airport workers, including air traffic controllers and TSA agents, have
San Antonio Debt Relief: Practical Paths for Credit Card Balances  Bryan College Station Eagle Read the original article here
San Antonio Debt Relief: What It Looks Like and How It Works  Waco Tribune-Herald Read the original article here
Shock and dismay as one of Australia’s biggest solar recycling hopes put into administration  Renew Economy Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization.

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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:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

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Domestic debt restructuring

A large and growing share of domestic-law public debt within the sovereign liabilities of many low- and middle-income countries in recent years has attracted much-needed attention to the topic. Starting from Reinhart and Rogoff (2008), who brought issues related to the scale and scope of domestic debt to the forefront of economics profession, Erce, Mallucci, and Picarelli (2022) demonstrated that domestic debt defaults and restructurings have been a rather common phenomenon in recent decades, while IMF (2021) and Grigorian (2023) highlighted the range of design and implementation issues needed to be explicitly factored in for a restructuring of domestic debts to succeed and provided a framework for…

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Key Takeaways

  • The average American had just over $105,000 in total debt as of the third quarter of 2024, according to last data release from Experian.
  • Knowing how much you owe compared with others can give you a relative sense of your financial health.

If you’re wondering whether your debt is out of line with the average American, seeing if you’re above or below the benchmark of $100,000 in total debt is a good start.

As of the third quarter of 2024, the average American had about $105,056 in total debt, up 0.8% from the same time a year prior. The amount of outstanding debt in the country stood at $17.57 trillion, itself up 2.4% year-over-year, according to credit bureau Experian. Average loan payments as of the first quarter of…

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New On The Block

  • Miyoko Schinner — the chef and activist who pioneered artisanal vegan cheese — is mounting a bid to buy back Miyoko’s, the plant-based dairy brand she founded in 2014 and was ousted from three years ago. After raising more than $70 million and helping bring cashew-based butter and cheese to grocery shelves nationwide, Miyoko’s has hit financial trouble. The California company is up for sale. Now Schinner is assembling a values-aligned team to rescue the company she built. “I believe I’m the best person to be the face of the brand,” she told AgFunderNews.

  • It’s been a turbulent journey for both founder and firm. Schinner’s 2022 departure sparked dueling lawsuits with the board, which were later settled through…

Read the original article here

Casino Operator Affinity Looks to Moelis to Advise on Debt Talks  Bloomberg.com

Read the original article here

The National Company Law Tribunal (NCLT), New Delhi Bench, has approved the resolution plan submitted by JTL Industries Limited for the insolvent RCI Industries and Technologies Limited, bringing a conclusion to a corporate insolvency resolution process (CIRP) that lasted nearly three years. The plan, valued at ₹46.50 crore, was approved by the Committee of Creditors (CoC) with an overwhelming 98.05% majority vote. The tribunal’s order paves the way for JTL Industries to acquire a 95% stake in the corporate debtor, effectively reviving the metal manufacturing company.

A protracted process

The CIRP for RCI Industries was initiated on November 25, 2022, on an application filed by Standard Chartered Bank (Singapore)….

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TILT Holdings Inc.

SCOTTSDALE, Ariz., Nov. 07, 2025 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA: TILT) (OTCID: TLLTF), a global provider of cannabis business solutions including inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced it has reached agreement with the holders (the “Noteholders”) of senior secured notes of the Company (the “Senior Notes”), and that the Supreme Court of British Columbia (the “Court”) has issued an initial order (“Initial Order”) granting the Company protection under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (“CCAA”). The Initial Order provides for, among…

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The government shutdown is wreaking havoc on U.S. travel. Essential airport workers, including air traffic controllers and TSA agents, have been working without pay since Oct. 1, leading to staffing shortages, delays and cancellations at airports nationwide.

This week, Transportation Secretary Sean Duffy cut flight capacity by roughly 10%, which is expected to ground up to 4,000 flights daily, including departures from Chicago’s O’Hare, Atlanta’s Hartsfield-Jackson, Los Angeles International, New York’s John F. Kennedy, and dozens of other major airports.

While travel insurance can be a lifesaver, it usually doesn’t cover cancellations or delays due to known events, like military conflicts, named hurricanes and, yes, government shutdowns….

Read the original article here

San Antonio Debt Relief: Practical Paths for Credit Card Balances  Bryan College Station Eagle

Read the original article here

San Antonio Debt Relief: What It Looks Like and How It Works  Waco Tribune-Herald

Read the original article here

Shock and dismay as one of Australia’s biggest solar recycling hopes put into administration  Renew Economy

Read the original article here

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

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:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

Read the original article here