Insolvency Guardian Media Centre
China’s finance ministry sets up new debt management department Reuters
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Accredited Debt Relief Review US News Money
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Keystone
Never before have so many company bankruptcies been recorded in Switzerland as in 2025. According to a new analysis, the number has risen by 40 percent. A legal reform is now forcing public creditors to take action.
No time? blue News summarizes for you
- The number of corporate bankruptcies in Switzerland rose to a record high in 2025.
- The increase is mainly due to a legal reform that obliges public creditors to file for bankruptcy more consistently.
- The effects of the new regulation vary from region to region, with particularly sharp increases in Central Switzerland.
…
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Keystone
Never before have so many company bankruptcies been recorded in Switzerland as in 2025. According to a new analysis, the number has risen by 40 percent. A legal reform is now forcing public creditors to take action.
No time? blue News summarizes for you
- The number of corporate bankruptcies in Switzerland rose to a record high in 2025.
- The increase is mainly due to a legal reform that obliges public creditors to file for bankruptcy more consistently.
- The effects of the new regulation vary from region to region, with particularly sharp increases in Central Switzerland.
…
Read the original article here
Industrialist Sanjeev Gupta’s crumbling metals empire has been hit with another blow, with administrators William Buck appointed at Liberty Primary Metals Australia.
LPMA is the holding company for shares in the Tahmoor coal mine in NSW. It does not operate any businesses of its own but was once the main Australian company that controlled the Whyalla steelworks in South Australia, Liberty Bell Bay manganese smelter in Tasmania and the Tahmoor colliery.
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The Allahabad High Court has recently held that in an insolvency resolution process of a real estate company, the primary concern is the interest of the homebuyers in the real estate project, as they are the vital stakeholders.
The Petitioner had approached the High Court seeking issuance of a direction to the respondent to recalculate the pending dues of the petitioner in terms of the recitals made in the lease deed and extend the benefits of zero period admissible to the petitioner till June 29, 2015 and the period of Covid-19 pandemic.
The Single Bench of Justice Arun Kumar held, “In an insolvency resolution process of a real estate company the primary concern is the interest of a homebuyer in the real estate…
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Creditors vie for $200k of shoes as Canterbury retailer sinks The Press
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
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A long-running Christchurch footwear retailer has gone into liquidation after more than two decades of trading.
Street Legal Shoes Limited, which has been operating since 2004, was placed into voluntary liquidation on 21 October 2025 by a special resolution of its shareholders.
The company had four retail stores across the South Island and an online store selling popular brands including Vans, Dr Martens, Birkenstock, and Crocs.
Licensed insolvency practitioner Andrew Oorschot of Ashton Wheelans Chartered Accountants was appointed liquidator.
Oorschot said Street Legal had enjoyed many successful years but could not withstand the effects of a deteriorating retail environment.
“The last two years have seen an increasingly challenging…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.
To enable cookies, follow the instructions for your browser below.
Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2….
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More than a fifth of adults in the South East experience daily struggles with their finances, a charity has found.
Christians Against Poverty (CAP) runs a debt advice centre in Guildford, Surrey, and has issued a new report which states 22% of adults live with finance anxiety.
Helen Kershaw, CAP’s debt coach, said: “The immense pressure that unmanageable debt plays can be all-consuming and totally overwhelming, it is a real issue that we often come across when first meeting many of our clients.”
The average peak debt of new CAP client households in 2024 was £12,578 – the fifth greatest amount of all regions in the UK.
Ms Kershaw said CAP’s clients benefit from meeting face-to-face as they find it easier to truly open up about the…
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More than a fifth of adults in the South East experience daily struggles with their finances, a charity has found.
Christians Against Poverty (CAP) runs a debt advice centre in Guildford, Surrey, and has issued a new report which states 22% of adults live with finance anxiety.
Helen Kershaw, CAP’s debt coach, said: “The immense pressure that unmanageable debt plays can be all-consuming and totally overwhelming, it is a real issue that we often come across when first meeting many of our clients.”
The average peak debt of new CAP client households in 2024 was £12,578 – the fifth greatest amount of all regions in the UK.