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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ELP Note: NCLT rejects withdrawal of case even after parties propose settlement – Bar & Bench
The National Company Law Tribunal (NCLT), Kolkata Bench, has in its recent ruling in the case of Parker Hannifin India
Hoover strikes deal to offload UK pension scheme [updated] – IPE.com
The UKs Pensions Regulator (TPR) has agreed an arrangement with Hoover to allow the household appliances company to offload its
ECLAC recommends special debt relief emergency fund for regional countries – Power 102 FM
There is a proposal from the Economic Commission for Latin American and the Caribbean to help assist regional countries facing
Why Go for Debt Settlement as a Form of Debt Relief? – Times Square Chronicles (press release) (registration)
Debt settlement is a form a debt relief where you talk to your creditors in a bid to persuade them
190 Galway people declared insolvent or bankrupt since 2014 – Galway Bay FM
Galway Bay fm newsroom 190 Galway people have reached arrangements on debt or been made bankrupt in the last 3
International firms announce mergers – Australasian Lawyer
International firms announce mergersTwo international law firms have announced new tie-ups, one in Singapore and Brunei; the other crossing the
Barclays sells £2.2bn stake in African business – Telegraph.co.uk
Barclays has offloaded a stake worth about £2.2bn in its African business as it presses ahead with boss Jes Staleys plan to
After Fitch downgrades RCom, banks to discuss debt restructuring – Hindustan Times
Just days after Fitch downgraded Anil Ambani-owned Reliance Communications (RCom) saying loan default is a real possibility, lenders will meet
Culleton seeks extension on taxpayer debt waiver – Blue Mountains Gazette
Former WA One Nation Senator Rod Culleton.ANTI-FARM foreclosure crusader Rod Culleton has asked the federal Department of Finance for an
Sony is solidly in the black after years of restructuring – Nikkei Asian Review
TOKYO Five years after a painful restructuring that saw significant layoffs, staggering losses and a not-so-surprising exit from the PC
Bankers to discuss RCom’s restructuring plan today – Moneycontrol.com
Beena ParmarMoneycontrol NewsBankers will be meeting today to decide on a restructuring plan for debt worth over Rs 42,000 crore owed
Why vendors lack credible standing in M&A and bankruptcy situations – VCCircle
In recent months, a few incidents have come to light where vendors or trade creditors to a company sought criminal