Insolvency Guardian Media Centre
Sonder Holdings Inc. (SOND) Plummets Over 60% as Company Announces Chapter 7 Liquidation Markets Financial Content
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Shares in Brazil’s Oi tumble after court declares firm bankrupt Reuters
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The German company IDAGIO, which runs a specialist classical music streaming service, has completed its insolvency proceedings in self-administration. The whole process took about four months, and the creditors have unanimously agreed to the insolvency plan proposed by the company. The proceedings will soon be approved by the Charlottenberg District Court.
The new shareholders are the Berlin-based music entrepreneur Ki Soo Lee and Jim Chang from Singapore. They will aim to give the streaming service a more international outlook, thus opening new opportunities to grow the company’s customer base.
The company said it was satisfied with the outcome, given that operations were able to proceed as usual throughout the process. They…
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Sonder Holdings (Nasdaq: SOND) announced on November 10, 2025 that it will immediately wind down operations and expects to initiate a Chapter 7 liquidation of its U.S. business.
The company said it will also start insolvency proceedings in international jurisdictions after failing to secure additional liquidity or a viable going-concern sale. Management cited prolonged integration challenges and unanticipated costs tied to aligning systems and booking arrangements with Marriott International, which terminated its licensing agreement on November 9, 2025. Further details on court proceedings and the status of non-U.S. operations will be provided by the Chapter 7 trustee or…
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Hamilton car dealership’s million dollar tax bill Waikato Times
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News | Aparthotel brand Sonder to immediately stop operations, begin liquidation process CoStar
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Marriott and Sonder just had a messy breakup — and guests are caught in the middle Fast Company
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Insolvency-related activity rose again in Wiltshire, Berkshire and the South East last month, says R3, the UK’s restructuring, turnaround and insolvency trade body.
R3’s analysis of data provided by Creditsafe indicated an increase in insolvency-related activities from 187 in September to 210 in October.
This represents a 12.3 per cent monthly increase although October’s figure is also 28.3 per cent below the same period, which experienced a spike, in 2024.
The figures include administrator and liquidator appointments together with creditors’ meetings.
The South East figure for insolvency-related…
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Sonder to file bankruptcy Hotel Management