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.
Ofgem’s 2% price hike mean typical household will pay £2.94 a month more for their energy from 1 October. For
Liverpool legend declared bankrupt with £1.5million in debts  MSN Read the original article here
Manchester-based Davis Acquisitions Ltd worked with Save Consultants Ltd, a company shut down last year for offering unlicensed insolvency services 
Sydney pub baron Jon Adgemis has been declared bankrupt owing more than $1.8bn to suppliers and creditors. Mr Adgemis filed
Enforcement will fall to the regulator Spelinspektionen, supported by the Finansinspektionen, the financial supervisory authority, and the Konsumentverket consumer agency.
October 2, 2025 News Expansion of Credit Facility and New Maturity Date Bally’s Corporation has recently secured additional commitments to
OSLO, Norway, Oct. 1, 2025 /PRNewswire/ -- Reference is made to the extraordinary general meeting of Aker Carbon Capture ASA (under
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been
‘Gutting’: IT Professionals NZ goes bust after twin accounting shocks – Tech Insider  NZ Herald Read the original article here
FORNEBU, Norway, Oct. 2, 2025 /PRNewswire/ -- Reference is made to the extraordinary general meeting of Aker Carbon Capture ASA (under liquidation)
Corporate insolvencies down in 2025 as rate of company led closures falls 22%  Business Post Read the original article here
New Legislation to Ban Credit Gambling The Swedish government has proposed new legislation aimed at curbing gambling-related debt by prohibiting

Ofgem’s 2% price hike mean typical household will pay £2.94 a month more for their energy from 1 October.

For a household with typical usage and paying by Direct Debit, it’s an increase of £35 a year.

But while this may seem small, StepChange Debit Charity has witnessed its clients increasingly struggle with energy debt for several years now. It said new figures showed a 32% rise in average energy arrears among those seeking debt advice over the last two years.

It has offered the following tips to anyone who is concerned they might struggle to pay their bills this winter.

  1. Ensure you are getting the best deal

Switching energy suppliers or tariffs could save you money. Check out a comparison site which has…

Read the original article here

Liverpool legend declared bankrupt with £1.5million in debts  MSN

Read the original article here

  • Manchester-based Davis Acquisitions Ltd worked with Save Consultants Ltd, a company shut down last year for offering unlicensed insolvency services 

  • Davis Acquisitions Ltd was appointed director of 78 of Save Consultants Ltd’s client companies, acting as a vehicle to avoid formal insolvency procedures, asset recovery, and director conduct scrutiny 

  • Insolvency Service investigations have resulted in Davis Acquisitions Ltd now being wound-up in the public interest  

A Manchester-based company has been shut down after investigations revealed it was acting as a front to enable unlicensed insolvency activities previously carried out by another firm. 

Davis Acquisitions Ltd became the director of 78…

Read the original article here

Sydney pub baron Jon Adgemis has been declared bankrupt owing more than $1.8bn to suppliers and creditors.

Mr Adgemis filed a petition to seek bankruptcy on Thursday, but this was rejected by the Federal Court with the date set back to 18 November 2024 at a hearing on Friday.

While Mr Adgemis sought to go down the path of voluntary insolvency on Thursday, the ATO and Australian Financial Security Authority successfully overturned that and instead secured a court-imposed bankruptcy today.

The matter was first started by an application by Richard Gazal on September 29 before being taken over by the tax office.

It follows a lodgement from the Australian Taxation Office where they planned to recoup $162m in tax obligations.

Justice Raper…

Read the original article here

Enforcement will fall to the regulator Spelinspektionen, supported by the Finansinspektionen, the financial supervisory authority, and the Konsumentverket consumer agency. Penalties for violations could include fines, license suspensions, or, in severe cases, revocation of licenses.

Read the original article here

October 2, 2025


News

Expansion of Credit Facility and New Maturity Date

Bally’s Corporation has recently secured additional commitments to its revolving credit facility, expanding the extended maturity tranche to $510 million. This adjustment has resulted in a new maturity date set for October 2028, enhancing the company’s financial stability.


Significant Sale-Leaseback…

Read the original article here

OSLO, Norway, Oct. 1, 2025 /PRNewswire/ — Reference is made to the extraordinary general meeting of Aker Carbon Capture ASA (under liquidation) (the “Company”) held on 5 August 2025 where the general meeting resolved to liquidate the Company and the announcement made by the Company earlier today regarding an updated liquidation settlement and liquidation dividend.

Key information relating to the updated liquidation dividend is set out below:

  • Dividend amount: NOK 0.137 per share

  • Declared currency: NOK

  • Last day including right: 10 October 2025

  • Ex-date: 13 October 2025

  • Record date: 15 October 2025

  • Payment date: On or about 17 October 2025

  • Date of approval: 1 October 2025

For further information:

Media and…

Read the original article here

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Read the original article here

‘Gutting’: IT Professionals NZ goes bust after twin accounting shocks – Tech Insider  NZ Herald

Read the original article here

FORNEBU, Norway, Oct. 2, 2025 /PRNewswire/ — Reference is made to the extraordinary general meeting of Aker Carbon Capture ASA (under liquidation) (the “Company“) held on 5 August 2025 where the general meeting resolved to liquidate the Company and the announcement made by the Company on 1 October 2025 regarding an updated liquidation settlement and liquidation dividend.

Key information relating to the updated liquidation dividend is set out below, where the record date has now been corrected:

  • Dividend amount: NOK 0.137 per share

  • Declared currency: NOK

  • Last day including right: 10 October 2025

  • Ex-date: 13 October 2025

  • Record date: 14 October 2025

  • Payment date: On or about 17 October 2025

  • Date of approval: 1 October…

Read the original article here

Corporate insolvencies down in 2025 as rate of company led closures falls 22%  Business Post

Read the original article here

New Legislation to Ban Credit Gambling

The Swedish government has proposed new legislation aimed at curbing gambling-related debt by prohibiting gambling funded by credit. This initiative, titled “A New Ban on Credit Gambling,” seeks to broaden existing limitations under the national Gambling Act and is planned to be implemented by April 1, 2026.


Current Rules Fall Short

At present, credit gambling is only banned if the credit is provided directly by a licensed gambling operator or their agents. However, authorities argue that this approach is too limited, as it allows players to obtain credit from external sources to finance their gambling. The proposed law aims to close these gaps by banning all forms of credit-facilitated…

Read the original article here