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.
Merz promises debt relief for municipalities ahead of electoral test  Reuters Read the original article here
By Andreas RinkeBONN, Germany (Reuters) -Germany's federal government will begin helping municipalities to pay down old debts from January 1,
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by Kandiss Edwards August 30, 2025 More than 3,500 families in the Metro Atlanta area will see a total of
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Hindusthan National Glass & Industries Ltd’s corporate insolvency resolution process (CIRP) has emerged as one of the most prolonged and
Marcus Morris Denies Fraud, Blames Mixup for $260K Casino Debt Arrest  MSN Read the original article here
REVEALED: Latest business liquidations in Livingstone  The Courier Mail Read the original article here
Rachel HowarthBBC News, LancashireBBCEmma McLeod found herself in debt after developing a betting habitA mum whose "horrific" gambling addiction almost
Palmerston North hospo ‘institution’ wound up owing over $1.5m in tax  Stuff Read the original article here

Merz promises debt relief for municipalities ahead of electoral test  Reuters

Read the original article here

By Andreas Rinke

BONN, Germany (Reuters) -Germany’s federal government will begin helping municipalities to pay down old debts from January 1, 2026, Chancellor Friedrich Merz said on Saturday, two weeks before his government faces its first electoral test since taking office.

Merz made the pledge at the party conference of his Christian Democrats, or CDU, in the German state of North Rhine-Westphalia which is holding local elections on September 14, four months after his government came into power.

State and municipal leaders say the federal government has imposed extra welfare costs on municipalities without providing them with the necessary funds to finance them.

In NRW, Germany’s most populous state and a bellwether for national…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

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More than 3,500 families in the Metro Atlanta area will see a total of $10 million in debt cleared this week thanks to the Atlanta Dream.


More than 3,500 families in the Metro Atlanta area will see a total of $10 million in debt cleared this week — the financial reprieve is thanks to a coalition led by the WNBA’s Atlanta Dream.

The WNBA partnered with Cash App and debt relief firm ForgiveCo. The announcement comes on the 62nd anniversary of Dr. Martin Luther King Jr.’s…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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2….

Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

Read the original article here

Hindusthan National Glass & Industries Ltd’s corporate insolvency resolution process (CIRP) has emerged as one of the most prolonged and controversial episodes in the history of the country’s Insolvency and Bankruptcy Code (IBC), which came into existence in 2016 to offer a consolidated and time-bound process for the resolution of insolvency and bankruptcy cases.

Initiated on October 21, 2021, upon the application of DBS Bank under Section 7 of the IBC, the process has long overshot its statutory limit of 330 days. Nearly four years later, the case continues to languish in litigation, exposing serious weaknesses in the IBC’s implementation, the accountability of insolvency professionals, and the oversight mechanisms of regulators…

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Marcus Morris Denies Fraud, Blames Mixup for $260K Casino Debt Arrest  MSN

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REVEALED: Latest business liquidations in Livingstone  The Courier Mail

Read the original article here

Rachel HowarthBBC News, Lancashire

BBC

Emma McLeod found herself in debt after developing a betting habit

A mum whose “horrific” gambling addiction almost lost her son his nursery place is is helping others to spot the signs and overcome dependence.

Emma McLeod, mum-of-one from Blackpool, found herself in spiralling debt after an online betting habit – which started at 20p a spin – also almost cost her her home.

The 41-year-old’s first foray into gambling began 12 years ago, when – suffering with post-natal depression – she began to visit online bingo sites, often putting in the lowest stake possible for a spin.

“It advanced very quickly from there,” said Emma, who has been in recovery for the past six years.

“It started with a 20p bingo book,…

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Palmerston North hospo ‘institution’ wound up owing over $1.5m in tax  Stuff

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