Insolvency Guardian Media Centre
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An update from JBF Industries Limited ( (IN:JBFIND) ) is now available.
JBF Industries Limited has announced that its 43rd Annual General Meeting (AGM) will be held on September 30, 2025, via video conferencing in compliance with regulations from the Ministry of Corporate Affairs and SEBI. The company is currently under a Corporate Insolvency Resolution Process, and the AGM will include the adoption of financial statements and the declaration of dividends on preference shares. The Annual Report for the financial year 2024-2025, along with the…
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A FREE event to help people in Redditch who are struggling with debt will take place at the Foodbank on Church Green East from 1.30pm to 3pm on Friday, September 12, writes Oliver Cureton-Phillips.
The welcoming community building ‘Cake with CAP’ has been organised by Christians Against Poverty (CAP).
Participants will be able to get together to enjoy cake and experience the healing power of human connection.
CAP’s latest study revealed 85 per cent of its clients felt isolated and more than half (52 per cent) were afraid to leave homes.
The figures illustrate the emotional and psychological barriers often experienced by those facing financial hardship.
Cake with CAP aims to break the isolation and build supportive…
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Ramsey recommends tough talk for teen gambler moneywise.com
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An old sweepstakes TV commercial once promised, “Only Publishers Clearing House can make you so rich, so fast!”
But, as some unlucky winners discovered this year, the opposite is also true: Publishers Clearing House (PCH) can make your fortune disappear just as quickly.
That’s what happened to John Wyllie, a 61-year-old Oregon man who won $5,000 a week for life from the PCH Prize Patrol in 2012.
According to NBC affiliate KGW8 [1], Wyllie received an annual check for $260,000 every January. The money let him retire and buy a house on six acres in scenic Bellingham, Washington. But this year, the checks suddenly stopped. A few months later, Wyllie learned why: PCH had filed for bankruptcy without warning him or…
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Dana White gambling secrets revealed as UFC CEO faces massive $50 million debt at Red Rock Casino MSN
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National caravan companies in liquidation as founders in fiery feud The Australian
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The luxury digital commerce industry entered a critical recession phase on September 3, 2025, when LuxExperience B.V., the parent company of Mytheresa, announced plans to eliminate approximately 700 positions across YOOX NET-A-PORTER operations. This announcement coincided with Ssense’s bankruptcy filing in Canadian courts, according to legal documents filed with the Supreme Court of Quebec.
According to LuxExperience’s official statement, the workforce reduction affects employees across Italy, the United Kingdom, the United States, and other jurisdictions where the luxury segment operates NET-A-PORTER and MR PORTER, alongside the off-price segment comprising YOOX and THE OUTNET. The company characterized these measures as part…
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New Delhi: In a significant step, Bank of Baroda, one of India’s leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as ‘fraud’, according to an exchange filing.
This classification pertains to loans taken before RCom entered the corporate insolvency resolution process (CIRP), the exchange filing told on Thursday.
This development marks a crucial turn in the ongoing financial saga surrounding the once-prominent telecom company and its erstwhile director. RCom, currently undergoing the CIRP under the Insolvency and Bankruptcy Code (IBC), 2016, has said that the loans in question relate to the period before its insolvency proceedings began. The…
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Dana White, the CEO of UFC, is facing a huge gambling debt in Las Vegas. According to a report by Casino.org in September 2025, White owes more than $25 million to Red Rock Casino in Summerlin, Nevada. The report also said the debt could be even bigger, close to $50 million. The money comes from credit given to White to play high-limit baccarat and blackjack. Even though this is a massive sum, White is worth about $500 million and is also close friends with Frank Fertitta III, the Red Rock Casino chairman and former UFC owner.
Dana White gambling debt at Red Rock Casino could reach 50 million
An unnamed source told…
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Vedanta Group has emerged victorious in the race to acquire Jaiprakash Associates Ltd (JAL), placing a Rs. 17,000 crore bid and edging out rival Adani Group, according to a PTI report. The bid amount translates into JAL’s net present value of Rs. 12,505 crore.
The bidding process for JAL saw multiple companies in the fray, including Dalmia Bharat, Jindal Power, and PNC Infratech. However, Vedanta and Adani Group were the only two contenders to place firm offers for the debt-ridden conglomerate.
JAL, with diverse interests spanning real estate, cement, power, hospitality, and infrastructure, was admitted to the corporate insolvency resolution process (CIRP) through an order of the National Company Law…
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Signage is seen at the entrance to the Northvolt plant, dubbed Northvolt Six, in Saint-Basile-le-Grande, Que., on Thursday, March 27, 2025. THE CANADIAN PRESS/Christinne Muschi
MONTREAL — A Quebec Superior Court judge has declared insolvent the North American branch of battery…