Insolvency Guardian Media Centre
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Sometimes bad decisions look… spectacular. Other times… stupid.
Jey Gonzalez-Diaz apparently thought the best way to skip a $16,710 (about R290,000) gambling debt on a Royal Caribbean cruise was to leap straight into the ocean.
According to CBS News, Gonzalez-Diaz was on the Rhapsody of the Seas, returning from Barbados to the Port of San Juan on August 31.
Around 9:15 a.m., just as the ship was docking and U.S. Customs was inspecting passengers, he decided to make a splashy exit.
Luckily for him (or maybe not), a passerby on a jet ski rescued him from the water.
Authorities later found Gonzalez-Diaz near the Puerto Rico Capitol Building, carrying $14,600 (roughly R254,000) in cash, two phones, and five IDs.
He told officers he…
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Meyer Burger Technology AG / Key word(s): Delisting/Insolvency
Debt moratorium for Swiss companies of the Meyer Burger Group published
17-Sep-2025 / 06:45 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Thun, Switzerland – September 19, 2025
Debt moratorium for Swiss companies of the Meyer Burger Group published
The silent debt moratorium previously granted to the three Swiss companies of the Meyer Burger Group will be continued as a regular provisional debt moratorium. This affects the parent company Meyer Burger Technology AG on the one hand and the two subsidiaries Meyer Burger Switzerland AG and…
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Historic group Salts Healthcare acquires app IP from liquidated company Ostique Insider Media Ltd
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NEW DELHI: Fair trade regulator CCI on Tuesday said it has given in-principle approval to PNC Infratech‘s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding.
“The proposed combination relates to the acquisition of minimum 95 per cent and maximum up to 100 per cent of Jaiprakash Associates Ltd (JAL) by PNC Infratech Ltd (acquirer), or through a special purpose vehicle company that the acquirer may incorporate in the future as its wholly owned subsidiary to acquire JAL,” according to a release issued by the regulator on Tuesday.
The Competition Commission of India (CCI) said…
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Sydney pub baron Jon Adgemis’ business empire is under further strain after a key company, Public Hospitality Operating Co, collapsed into liquidation owing $123 million to the tax office, with liquidators unable to locate assets once valued at more than $1.29 billion.
Liquidator Tim Cook of Balance Insolvency said records explaining the purpose of the debt or substantiating previously declared assets were missing.
He reported “some evidence to suggest that the company traded whilst insolvent,” though Adgemis denies this.
At its peak, Adgemis’ Public Hospitality Group controlled 22 pubs and hotels across Sydney and Melbourne, backed by private lenders.
A separate bankruptcy report shows he owes $1.8 billion in…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail
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The transport company Eurosped Belgium (ESB) has once again been declared insolvent. This is the second such ruling in recent years – initially, the court declared bankruptcy in March 2022, and now, in September 2025, it has again confirmed the company’s insolvency.
Founded in 2006, the company quickly gained a strong market position – in 2015, it was even recognised as the fastest-growing transport company in Belgium. Challenges began after 2018 when its founder Rik Vanlessen died in a tragic accident. Taken over by new owner Pascal Delcour, the company tried to remain in the market, but persistent payment issues, legal proceedings, and the loss of clients ultimately dashed hopes for stable operation.
According to reports from…
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The transport company Eurosped Belgium (ESB) has once again been declared insolvent. This is the second such ruling in recent years – initially, the court declared bankruptcy in March 2022, and now, in September 2025, it has again confirmed the company’s insolvency.
Founded in 2006, the company quickly gained a strong market position – in 2015, it was even recognised as the fastest-growing transport company in Belgium. Challenges began after 2018 when its founder Rik Vanlessen died in a tragic accident. Taken over by new owner Pascal Delcour, the company tried to remain in the market, but persistent payment issues, legal proceedings, and the loss of clients ultimately dashed hopes for stable operation.
According to reports from…
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