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.
Brittany Higgins ‘has no money left’ after $2.4m settlement  The West Australian Read the original article here
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A decision on whether Brittany Higgins will be declared bankrupt has been delayed due to a court technicality.Higgins and her
‘Where’s the $2.4 million?’: Brittany Higgins’ bankruptcy order delayed by court technicality  Brisbane Times Read the original article here
A decision on whether Brittany Higgins will be declared bankrupt has been delayed due to a court technicality.Higgins and her
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After Marriott International abruptly ended its licensing agreement with apartment-style hotel operator Sonder due to a "default," Sonder said it was
Brittany Higgins could be declared bankrupt as Linda Reynolds chases defamation costs  Sky News Australia Read the original article here
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SINGAPORE – A co-owner of distressed art investment firm Art Works, which went into liquidation abruptly on Oct 30, has
Mozambique: Medium-Term Debt Management Strategy is crucial for macroeconomic credibility, says CTA  Club of Mozambique Read the original article here
'I use buy now pay later scheme for everything - I'm £3k in debt'  BBC Read the original article here

Brittany Higgins ‘has no money left’ after $2.4m settlement  The West Australian

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A decision on whether Brittany Higgins will be declared bankrupt has been delayed due to a court technicality.

Higgins and her husband, David Sharaz, have been ordered to pay Higgins’ former boss, former Liberal senator Linda Reynolds, upwards of $341,000 in damages and likely more than $1 million in legal costs after her defamation action against the pair.

Former WA senator Linda Reynolds and her lawyer, Martin Bennett, arrive at court last year during defamation proceedings against Brittany Higgins and David Sharaz.Credit: Trevor Collens

Justice Paul Tottle found in August that social media posts from Higgins and Sharaz had conveyed an imputation that Reynolds and her office had orchestrated to “cover up” the alleged rape of…

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‘Where’s the $2.4 million?’: Brittany Higgins’ bankruptcy order delayed by court technicality  Brisbane Times

Read the original article here

A decision on whether Brittany Higgins will be declared bankrupt has been delayed due to a court technicality.

Higgins and her husband, David Sharaz, have been ordered to pay Higgins’ former boss, former Liberal senator Linda Reynolds, upwards of $341,000 in damages and likely more than $1 million in legal costs after her defamation action against the pair.

Former WA senator Linda Reynolds and her lawyer, Martin Bennett, arrive at court last year during defamation proceedings against Brittany Higgins and David Sharaz.Credit: Trevor Collens

Justice Paul Tottle found in August that social media posts from Higgins and Sharaz had conveyed an imputation that Reynolds and her office had orchestrated to “cover up” the alleged rape of…

Read the original article here

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Facebook App: Open links in External Browser

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After Marriott International abruptly ended its licensing agreement with apartment-style hotel operator Sonder due to a “default,” Sonder said it was winding down operations.

Sonder said it was filing for Chapter 7 liquidation in the U.S., with insolvency proceedings also planned internationally. 

In a statement, interim CEO Janice Sears blamed Sonder’s collapse on “severe financial constraints arising from, among other things, prolonged challenges in the integration of the company’s systems and booking arrangements with Marriott International.”

Sonder said it had explored alternatives, including a sale of the business, but was unable to execute a transaction or obtain additional liquidity.

“We are devastated to reach a point where a…

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Brittany Higgins could be declared bankrupt as Linda Reynolds chases defamation costs  Sky News Australia

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SINGAPORE – A co-owner of distressed art investment firm Art Works,

which went into liquidation abruptly on Oct 30

, has pledged commitment to ensure a proper winding up for the company and that former employees’ salaries will be a priority.

Mr Chris Hallewell, who is also the firm’s chief operations officer, said that he remains in Singapore and is working with its administrator Forvis Mazars to prepare for the creditors’ meeting later in November.

“I want to be clear about my position and commitment… My priority is ensuring that all stakeholders receive the information and support they need during this difficult time and that the company state of affairs is completed on time in full,” he said in a statement issued on Nov…

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Mozambique: Medium-Term Debt Management Strategy is crucial for macroeconomic credibility, says CTA  Club of Mozambique

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‘I use buy now pay later scheme for everything – I’m £3k in debt’  BBC

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