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.
Hand,Giving,Paycheck,,Check,,Cheque,In,Transaction,ConceptA bigger paycheck helps, but it's not the only perk employees are asking for.  Workers also want help managing money
An insolvent UK recruitment company, which owes the UK exchequer hundreds of thousands of pounds, has been acquired for an
Intralot steps closer to Bally deal with financing agreement  iGaming Expert Read the original article here
Premier Group Recruitment was acquired by a venture created by the previous owner, Andrew Woosnam, in a deal that appears
A former boss of Inc & Co has been disqualified after acting as a director of a company for two
The corporate insolvency resolution process (CIRP) for Xalta Food and Beverages Private Limited has entered a significant phase with the
Lithuania’s Yukon Group completes liquidation of Russian subsidiary  LRT Read the original article here
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025  Lexology Read the original article here
Former Greater Manchester businessman banned after ignoring bankruptcy restrictions  insidermedia.com Read the original article here
Scott Dylan banned as a director for eight years  TheBusinessDesk.com Read the original article here
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Scott Dylan was the director of IT consultancy SDRW Limited from 2013 to 2015 while bankrupt The 41-year-old was subject

Hand,Giving,Paycheck,,Check,,Cheque,In,Transaction,Concept

A bigger paycheck helps, but it’s not the only perk employees are asking for.  Workers also want help managing money in the near term — things like emergency-savings support, debt help and practical tools they can use, according to the Bank of America’s 2025 Workplace Benefits Report.

Back in 2023, only about 13% of employees said they wanted their company to help with near-term needs like emergency savings or paying down debt, according to the report. Now it’s 26%.

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Employees Want Practical Guidance

The report found that 36% of employees mainly want financial wellness resources in areas like retirement education and planning, while 33% want to learn…

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An insolvent UK recruitment company, which owes the UK exchequer hundreds of thousands of pounds, has been acquired for an initial £10,000 by a venture created by the previous owner – despite him receiving millions from the business in its final three years.

Premier Group Recruitment went into administration this month with debts of £2.9m – including £647,000 owed to HM Revenue and Customs (HMRC), which had commenced enforcement proceedings against the company. The recruiter’s assets were acquired three days later by a new company, PGGBR Ltd, founded by Andrew Woosnam, Premier’s 99% shareholder.

Woosnam has an outstanding director’s loan of £1.2m from Premier – a debt that appears to have increased by £265,000 since the…

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Intralot steps closer to Bally deal with financing agreement  iGaming Expert

Read the original article here

Premier Group Recruitment was acquired by a venture created by the previous owner, Andrew Woosnam, in a deal that appears to be the latest example of ‘phoenixism’. Photograph: Robert Evans/Alamy

An insolvent UK recruitment company, which owes the UK exchequer hundreds of thousands of pounds, has been acquired for an initial £10,000 by a venture created by the previous owner – despite him receiving millions from the business in its final three years.

Premier Group Recruitment went into administration this month with debts of £2.9m – including £647,000 owed to HM Revenue and Customs (HMRC), which had commenced enforcement proceedings against the company. The recruiter’s assets were acquired three days later by a…

Read the original article here

A former boss of Inc & Co has been disqualified after acting as a director of a company for two years while he was bankrupt.

Scott Dylan, 41 – now based in Dublin, and formerly based in Salford – is expected to be released from prison next week after serving half of a 22-month sentence for contempt of court after 60 companies controlled by him and his associates David Antrobus and Jack Mason were transferred to two companies in the British Virgin Islands, in breach of freezing orders Barclays Bank had obtained.

That unconnected case saw all three handed 22-month sentences in October 2024. The judge accused them of “lying prolifically” to cover up their actions; Barclays accuses the trio of “extracting” £13.7m from its bank…

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The corporate insolvency resolution process (CIRP) for Xalta Food and Beverages Private Limited has entered a significant phase with the invitation of Expression of Interest (EoI) from potential buyers. The resolution professional, Mr. Naveen Kumar Jain, has issued a public announcement (Form G) seeking eligible resolution applicants to submit their bids for the debt-ridden company by October 7, 2025.

The Company and the Opportunity

As per the details disclosed in the Form G, Xalta Food and Beverages Private Limited (CIN: U15122DL2015PTC276479) is a Delhi-based company with its manufacturing plant located in Hapur, Uttar Pradesh.

The company boasts significant infrastructure in the food and beverage sector,…

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Lithuania’s Yukon Group completes liquidation of Russian subsidiary  LRT

Read the original article here

The Insolvency and Bankruptcy Code (Amendment) Bill, 2025  Lexology

Read the original article here

Former Greater Manchester businessman banned after ignoring bankruptcy restrictions  insidermedia.com

Read the original article here

Scott Dylan banned as a director for eight years  TheBusinessDesk.com

Read the original article here

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A Metaverse Company ( (HK:1616) ) just unveiled an announcement.

A Metaverse Company has been placed under provisional liquidation as ordered by the High Court of the Hong Kong Special Administrative Region. The appointed provisional liquidators, Anson Li and Issac Tang of Kroll (HK) Limited, are tasked with managing the company’s business, securing its assets, and investigating its affairs. Trading of the company’s shares has been suspended since August 15, 2025, and will remain so until further notice, indicating significant operational…

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  • Scott Dylan was the director of IT consultancy SDRW Limited from 2013 to 2015 while bankrupt
  • The 41-year-old was subject to a bankruptcy order from 2005 which remained active during his two-year spell as director of the company
  • Dylan has been banned as a company director for eight years following Insolvency Service investigations

A businessman has been disqualified after acting as a director of a company for two years while he was bankrupt.

Scott Dylan, 41, now of Sir John Rogerson’s Quay, Dublin, but formerly based in Salford, has been banned as a company director for eight years following a hearing at the High Court in Manchester earlier this month.

The Insolvency Service found that Dylan had acted as a director of IT consultancy SDRW…

Read the original article here