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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Gateway Liquor enters into liquidation
Gateway Liquor Wholesalers, a Sydney based distributor, has announced that it is entering into liquidation. The notice was given at
How the new personal bankruptcy threshold could hit SME directors
The involuntary bankruptcy threshold will lift from $10,000 to $20,000, Attorney-General Mark Dreyfus says, giving debtors more breathing room before
Rising numbers of firms going bust overtake financial crisis insolvency levels
More companies went bust last year than in the 2008 financial crisis, according to new figures from the Insolvency Service.
Interpath Advisory welcomes two new corporate insolvency practitioners – Accountancy Today
Interpath Advisory welcomes two new corporate insolvency practitioners  Accountancy Today Read the original article here
Company insolvencies up 16% on July last year as cost hikes continue to bite – The Irish News
The number of companies that became insolvent in July was 16% higher than during the same period last year, according
New Jersey eliminates $100 million in medical debt, helping 50,000 residents by using pandemic relief funds | National
New Jersey is wiping out $100 million in medical debt for about 50,000 of its residents, using federal pandemic relief
Fifth Bank Failure of 2023 Declared, Iowa Bank Insolvent Due to ‘Significant Loan Losses’
The Federal Deposit Insurance Corporation (FDIC) has shut down a bank in Iowa after regulators discovered “significant loan losses” on
China’s economy is a mess. Why aren’t firms going under?
Evergrande is fighting for its life. On October 30th the property developer was granted its fifth, and probably final, stay
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Moolap concreter enters liquidation owing almost $620k – Geelong Advertiser
Moolap concreter enters liquidation owing almost $620k  Geelong Advertiser Read the original article here
More than 5 million Australians are in financial strife, but they’d rather sell belongings than ask their bank for help
In short: Millions of Australians are struggling to meet debt repayments due to the rising cost of living.An ASIC survey
Wellington bars Rubix and SugarWoods in liquidation as local economy bites
The report said considerable expenditure was required to set the businesses up with fixtures and fittings. The company then faced