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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Norwegian Air to get government loan in restructuring – Daily Herald
COPENHAGEN, Denmark (AP) Norways government said Friday it will give low-cost carrier Norwegian Air Shuttle a 1.5 billion kroner ($173
Budgeting app Charlie pivots to help users reduce debt – American Banker
The makers of the personal finance app Charlie have revamped the tool to focus squarely on getting consumers out of
IBC redefines debtor-creditor relationship, says Economic Survey – Business Standard
Ushering in significant behavioural changes, the insolvency law has redefined the debtor-creditor relationship with more than 80 per cent of
England & Wales Individual Insolvencies Rise 9% on Year – Bloomberg Law
The number of individuals unable to pay their debts rose to 31,059 between October and December, a 57% increase from
Sharp rise in number of bankruptcies and IVAs in the last three months of 2020 – The Sun
INCREASING numbers of individuals declared themselves bust in the final three months of 2020. Official data from the Insolvency Service
GLOBAL: Keppel restructuring offshore and marine business – Bunkerspot
Keppel has announced that it is restructuring its Offshore & Marine (O&M) business so it will be well-placed to support
Time to blow up problem debt – Financial Times
In May 2019, a gold Ford Transit exploded against the backdrop of Canary Wharf in Londons financial district, sending paper
Personal insolvencies fell to three-year low across 2020 – Aberdeen Evening Express
The number of personal insolvencies recorded in England and Wales fell to a three-year low in 2020. The Insolvency Service
Receivership roll call, 2020 – S&P Global
Receivership activity in the U.S. insurance industry decreased sharply year over year in 2020, but insurers were still adversely affected
Hacked therapy centre Vastaamo goes into liquidation | Yle Uutiset – YLE News
The company has been losing customers ever since reports of the database leak and subsequent blackmail attempts emerged. Image: Juha
Wipro restructuring leads to many exits at the top – Times of India
BENGALURU: Wipro CEO Thierry Delaporte's reorganisation of the company structure has resulted in some 75 senior VPs and VPs and
People in the news: Mazars, Johnston Carmichael, Streets – Accountancy Daily
Mazars has appointed 10 partners across the UK, six internally promoted and four joined Mazars as school leavers or graduates.