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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IOC Won’t Help with Estimated $35-40 Million Debt from 2016 Rio Olympics – Bleacher Report
Joshua Paul/Associated PressThe International Olympic Committee (IOC) has no interest in helping the city of Rio de Janeiro clear a
Lanco sub-contractors gear up to fight against encashment of bank guarantees – Hindu Business Line
The RBI has directed lenders of Lanco to initiate corporate insolvency proceedings against the company under the Insolvency and Bankruptcy
Interest rate hike: Most Canadians would struggle to pay just $130 more a month, survey shows – Globalnews.ca
More than seven in 10 Canadians rate their ability to budget for an interest rate increase of one percentage point
Insolvency heat: Lanco encashes suppliers’ bank guarantees – Business Standard
The insolvency move of bankers has created a ripple effect in the industry with Lanco Infratech, one of the
Longhorn announces job cuts in new restructuring plan – Capital FM Kenya (press release) (blog)
Speaking to Capital FM Business, Group Managing Director Simon Ngigi says the process has been necessitated by the emerging
NCLT to hear SBI’s insolvency plea against Electrosteel Steels today – Business Standard
Sources close to the development said, the order to admit the plea was awaited. "They have heard the
Wearables company Jawbone facing liquidation – www.computing.co.uk
Jawbone Up 4 wearable fitness tracker
Mike Hill of JND Corporate Restructuring Announced as Winner of the 8 – Business Wire (press release)
SEATTLE & DENVER--(BUSINESS WIRE)--The M&A Advisor recognized Mike Hill of JND Corporate Restructuring, a division of JND Legal Administration, among
Jawbone Liquidation Inflicts Losses, Prompts CEO Move to Health – Bloomberg
Jawbone Inc. is liquidating, though its chief executive officer is starting again with a company that moves out of the
Directors banned for failing to keep books in order – Scottish Construction Now
Two directors of a groundworks company in the Highlands have been banned from running or controlling any further companies after failing
Insolvencies up by 13% in first half of 2017 – RTE.ie
The number of insolvencies rose by 13% in the first half of 2017 compared to the same time last year,
Survey: Canadians Concerned About Impact of Interest Rate Hikes and Potential Housing Bubble – Marketwired (press release)
- One quarter of Canadians with a mortgage agree they are 'in over their head' with their current mortgage payments.