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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Company Cites Rise of Streaming, $600M Debt
Radio giant Cumulus Media filed for bankruptcy Thursday (March 5) to eliminate $600 million in debt, citing “persistent industry-wide declines”
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Beyond Debt Reprofiling: China’s Role in Global South Development
Beyond Debt Reprofiling: China’s Role in Global South Development Nairobi, Kenya. Photo by Reggie B via Unsplash. By Marina Zucker-Marques,
Business liquidations continue to rise
By Susan Edmunds of RNZ  Business failures are forecast to continue, even as the economy grinds to recovery. Centrix said
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Domestic dollar bonds to support SL’s liquidity after debt restructuring: LRA – Daily Mirror – Sri Lanka
Domestic dollar bonds to support SL’s liquidity after debt restructuring: LRA  Daily Mirror - Sri Lanka Read the original article here
Space start-up Equatorial Launch Australia goes into liquidation, owing government $5m | Australia
Equatorial Launch Australia, a space start-up that launched three NASA rockets in 2022, has gone into liquidation, owing the Northern
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Cook County to Continue Medical Debt Relief Funding — March 05
Cook County’s plan to continue funding medical debt relief after 2027 signals steady support for residents and local finances. The
Sovereign credit ratings and external debt in Africa
After stabilizing their macro indicators by the turn of the century, many African countries sought external financing for critical investments
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Transport firm ordered into liquidation by High Court
An Oxfordshire transport company has been ordered into liquidation by the High Court after a creditor’s winding‑up petition was granted.Carriage