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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Data insight: UK Insolvency Service investigations bounce back – Lexology
Data insight: UK Insolvency Service investigations bounce back  Lexology Read the original article here
Louisiana Conference invests $15M in churches
Key points: As part of its new Jubilee Initiative, the Louisiana Conference is helping local churches to pay
Brightline reaches restructuring deal that will give it $490M in new capital, help lower debt – Toronto Star
Brightline reaches restructuring deal that will give it $490M in new capital, help lower debt  Toronto Star Read the original article
As Debt Crushes Voters, Lula Paints Online Gambling as Villain – Bloomberg.com
As Debt Crushes Voters, Lula Paints Online Gambling as Villain  Bloomberg.com Read the original article here
Winding-up petition issued against business for alleged debt
Vita Cellular Foams (UK) Ltd, based in Middleton, has instructed its solicitors, Spratt Endicott Limited, to present a winding-up petition
Brightline reaches restructuring deal that will give it $490M in new capital
Florida’s Brightline has struck a restructuring agreement that will infuse the private high-speed passenger train service with $490 million in
Paddy McKillen Jr declared insolvent with debts of over €27m
BUSINESSMAN PADDY MCKILLEN junior has been declared insolvent and has been granted a protection certificate by the High Court under
Three ex-employees of Envy group join Ng Yu Zhi in bankruptcy
The trio, involved in Singapore’s largest Ponzi scheme, are unable to repay S$26.6 million in clawbacks[SINGAPORE] Three former employees of
Paddy McKillen Jr tells court he has just €270 in his bank account as debts of €27.8m revealed – Irish...
Paddy McKillen Jr tells court he has just €270 in his bank account as debts of €27.8m revealed  Irish Independent Read
‘I suspect a massive fraud’: Seven years and counting: Esch flat buyer faces mounting costs after developer’s bankruptcy
Alejandro Marx' nightmare began in 2019, when he decided to buy an off-plan (VEFA) flat in the "L'Adresse" residential complex
Tax-evading director who gained $1.9m as company failed now bankrupt and imprisoned – The Press
Tax-evading director who gained $1.9m as company failed now bankrupt and imprisoned  The Press Read the original article here
The Mawson Liquidation: Lessons on the Basis and Scope of Cross-Border Insolvency Recognition and Cooperation | Restructuring touchpoint | Global...
Key takeaway A foreign registered company in Australia may become subject to competing insolvency processes when creditors initiate a winding