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.
Go to ASIC
Directors must repay sums withdrawn from company in liquidation, rules High Court – Out-Law.com
The court applied the principles outlined in the 1990 case of Guinness v Saunders rather than the more recent decision
Questions over Cardiff Seafood Shack restaurant closure – BBC News
Questions over Cardiff Seafood Shack restaurant closure By Jenny Johnson BBC News 17 January 2018 Image caption Darryl Kavanagh set
Supreme Court Clarifies Debt-After-Divorce Rulings – Sixth Tone
Chinas supreme court released a new interpretation of the countrys marriage law on Wednesday detailing how courts should handle debt
Pearson downsizes profit expectations for year ahead – Financial Times
Aliya Ram and Cat Rutter Pooley January 17, 2018 Pearson, the UK educational publisher, expects profits next year to be
Gambler jailed for 10 months after racking up debt on work mobile – Halesowen News
A HALESOWEN man who ran up a gambling site bill for more than £1,000 on a work mobile phone has
Pearson hit again as weak US demand weighs on education group – Reuters UK
LONDON (Reuters) - Pearson said it had seen no let up in the pressures weighing on its North American business
Questions over Cardiff Seafood Shack restaurant closure – BBC News
Image caption Darryl Kavanagh set up the Seafood Shack restaurant in Cardiff's High Street last year A Cardiff restaurant which
Insolvency resolution professionals seek clarity on compliance when firms turn hostile – Livemint
Resolution professionals said they had submitted their suggestions on the issue to a government panel formed to address concerns around
Carillion: RBS ruined rescue deal by changing the rules, says chief – The Times
The state-backed Royal Bank of Scotland has been accused of scuppering an 11th-hour deal to save Carillion. Keith Cochrane, the
Corporate Insolvency Resolution Process Under Insolvency And Bankruptcy Code And The Dilemma Surrounding … – Live Law
India is on the cusp of a major shift in its recovery, insolvency, and bankruptcy jurisprudence post introduction of Insolvency
Now, employees step in to save bankrupt companies – Economic Times
MUMBAI: Employee buyouts or participatory managements are not commonplace in India, but the model could be explored for some companies
Court monitor to review Sears Canada payout of dividends while company was in the red – Toronto Star
Handsome dividends paid to Sears Canada shareholders even as the company was faltering and its employee pension fund was running