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.
Go to ASIC
Britain stalls on energy debt relief with consumer debts seen topping $9.5 billion by year-end
By Susanna Twidale LONDON, May 11 (Reuters) - A government scheme to clear 500 million pounds of energy debt for
Government’s Energy Debt Relief Plan Stalls Amid Rising Crisis
A government initiative aimed at clearing £500 million in energy debt for Britain's neediest households has hit a standstill. Industry
Britain stalls on energy debt relief with consumer debts seen topping $9.5 billion by year-end – Reuters
Britain stalls on energy debt relief with consumer debts seen topping $9.5 billion by year-end  Reuters Read the original article here
Once mighty company “LadaGarant” declared bankrupt
The company "LadaGarant", which was previously one of Minsk's major developers, has been declared bankrupt. Minsk Economic Court opened liquidation
Norwegian cell manufacturer Morrow Batteries files for insolvency
Morrow Batteries had until recently been one of the few battery cell manufacturers producing in Europe. Now, the Norwegian company
NCLT Kolkata Refuses Consolidation Of Group Companies’ CIRPs Over Advanced Stage Of One Insolvency Process
The Kolkata Bench of the National Company Law Tribunal (NCLT) has refused to consolidate the corporate insolvency resolution processes (CIRPs)
Bankrupt Luxembourg music school to reopen under new owners next week – Luxembourg Times
Bankrupt Luxembourg music school to reopen under new owners next week  Luxembourg Times Read the original article here
SIA Engineering Announces Voluntary Liquidation of Dormant Subsidiary NexGen Network (2) Holding Pte. Ltd – No Material Impact Expected 1...
SIA Engineering Company Limited Announces Proposed Liquidation of Subsidiary SIA Engineering Company Limited Announces Proposed Liquidation of Subsidiary: Key Points
“Corporate Death by Winding-Up”: Pretoria High Court Reaffirms the Badenhorst Principle – Polity.org.za
“Corporate Death by Winding-Up”: Pretoria High Court Reaffirms the Badenhorst Principle  Polity.org.za Read the original article here
Debt Currency Diversification Helps Colombia Reduce Reliance on the US Dollar
Colombia is seeking to ease the pressure on its debt through currency diversification and reduced reliance on the US dollar.
Shareholder Loans in Corporate Insolvency – A New Approach to an Old Problem | German Law Journal
10 See, e.g., Cahn, Andreas, Equitable Subordination of Shareholder Loans?, 7 European Business Organization Law Review (EBOR) 287 (2006); Peter
COVID-19 Insolvency Update: Voidable transactions – Key issues for creditors – Russell Kennedy
COVID-19 Insolvency Update: Voidable transactions - Key issues for creditors  Russell Kennedy Read the original article here