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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Family doctor chain Co-Med declared bankrupt
The court in Maastricht has declared the commercial general practitioner chain Co-Med bankrupt. The bankruptcy specifically affects Co-Med’s Zorg BV,
Creditors’ haircuts in bankruptcy cases jump to 73% in FY24: Report | Finance News
The agency feels the average recoveries for lenders will continue to be in the 30-35 per cent range in FY25.3
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Retail insolvencies rise as cost-of-living pressures slash consumer spending
In short: More retailers are going out of business as consumers shut their wallets in response to elevated interest rates and
90 jobs lost as bakery empire collapses – news.com.au
90 jobs lost as bakery empire collapses  news.com.au Read the original article here
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Major British city declares bankruptcy as inflation and growing social care costs blow a $29 million hole in its budget
People and companies go bankrupt every so often—but in the U.K., cities are going bankrupt, too.Nottingham, home to 323,700 residents,
OPINION: Booktopia’s Voluntary Administration: A Book Lover’s Frustrating Experience
As a book lover and borderline reading addict, it has pained me to see another book distributor go into voluntary
The Shohei Ohtani Betting Scandal Won’t Be the Last
Major League Baseball officials will tell anyone who listens that the integrity of the sport is safer than ever. Despite
Bruce Lehrmann could be faced with $5 million in legal costs
Bruce Lehrmann could be declared bankrupt if Channel Ten and Lisa Wilkinson pursue him for legal costs and he can’t
Company collapses and insolvencies surge by 39% as tax office targets Aussie businesses
The economy is slaughtering Aussie businesses and there’s no sign of things letting up.Company collapses surged in February and reached
Independent Tertiary Sector Hails Student Loan Debt Relief
The decision of the Australian Government to cut student debts has been welcomed by the Independent Tertiary Education Council Australia