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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BCL suspends trade to review finances in notice to suppliers, creditors, subbies – The West Australian
AAP and staff reporters | The West Australian Thursday, 22 February 2018 9:47AMThe builder specialises in civil landscape projects, including
Tops Markets Pursuing Financial Restructuring to Reduce Debt and Strengthen Competitive Position – Business Wire (press release)
WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Tops Markets, LLC (Tops or the Company) today announced that it is pursuing a financial restructuring in order
McGrath appoints Sydney lawyer Andrew Robinson to new board – Business News Australia
John McGrath has revealed Sydney lawyer Andrew Robinson wil be one of the two two new directors who will join
Citigroup Drove Puerto Rico Into Debt. Now It Will Profit From Privatization on the Island. – The Intercept
One of the same banks that drove the Puerto Rico Electric Power Authority, or PREPA, into the red will now
/ Allahabad Bank has Rs 517cr exposure to Rotomac – India Today
New Delhi, Feb 21 (PTI) State-owned Allahabad Bank today said it has an exposure of Rs 516.79 crore to crisis-hit
Melbourne tech retailer enters liquidation – ARNnet
Melbourne-based online technology retailer, Warehouse1, has been placed into liquidation.The company, which claims a physical retail outlet in Melbournes Docklands
Failed Sydney predictive analytics vendor Veriluma gets $660000 lifeline – CRN Australia
Creditors of capsized Sydney analytics software vendor Veriluma have accepted a $660,000 acquisition proposal from wholesale investor Canary Capital. Canary was one
Britain’s Interserve exits power business as part of restructuring – Reuters
Feb 21 (Reuters) - British contractor Interserve, which is in talks with its bankers to secure funding after issuing two
Digit, with $1 billion saved, turns its attention to consumer debt – Fast Company
In the three years since its launch, micro-savings app Digit has helped its customers set aside over $1 billion for
Britain’s Interserve exits power business as part of restructuring – euronews
By Esha Vaish (Reuters) British contractor Interserve <IRV.L>, which is in talks with its bankers to secure funding after issuing
Ramaphosa Tax Gamble Targets Debt Before South African Election – Bloomberg
South Africas new president, Cyril Ramaphosa, risks alienating voters in the run-up to next years elections after his administration announced
Senator Cruz heads to bankrupt PA refinery for rally against biofuels policy – Yahoo7 News
By Jarrett Renshaw Senator Cruz heads to bankrupt PA refinery for rally against biofuels policy Philadelphia (Reuters) - Republican Senator