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.
By Drew Dietsch | Published 3 days ago The Toxic Avenger remake is out in theaters right now. Since it
A petition to wind up Sizzler Pizza Ltd, which trades from 19 Church Street in Wellington, was lodged by creditors
Newtown Creative Ltd traded under the name Teals Prairie International, advertising as “expert gift builders”. It sold products such as
Aryza Announces Strategic Acquisition of Bravure to Expand Digital Collections and Debt Sale Capabilities Aryza, a leading global provider of
Ghana has dealt with a debt crisis since the early 2000s, originating from a long history of colonialism. Although it
SG cinema chain Cathay Cineplexes shuts down, enters into voluntary liquidation  marketech apac Read the original article here
Danish anti-theft start-up Pentalock files for bankruptcy  Bike Europe Read the original article here
Sale of Liberty Ostrava: lessons learnt from the Czech insolvency process  Taylor Wessing Read the original article here
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South Africa is facing an alarming rise in online gambling that is destroying lives and draining billions of rands from
Christchurch retail institution Smiths City placed into administration  ThePost.co.nz Read the original article here
Sweden targets young adult gambling debt in new campaign  SBC News Read the original article here

By Drew Dietsch
| Published

The Toxic Avenger remake is out in theaters right now. Since it was an unrated release on just under 2,000 screens, it didn’t exactly bust the box office wide open. The scuzzy sendup of superheroes opened in the #11 spot and only managed to take in $2.2 million over the Labor Day weekend. But, I’m going to make a point to go see The Toxic Avenger in the movie theater because the folks behind the film’s distribution have done something so amazing that it can only be described as heroic.

Instead of spending their $5 million marketing budget on more TV spots or talk show appearances, Cineverse and Bloody Disgusting took…

Read the original article here

A petition to wind up Sizzler Pizza Ltd, which trades from 19 Church Street in Wellington, was lodged by creditors in August, before the firm went into voluntary liquidation on August 20.

The take-away offers a range of kebas, pizzas and American style “smash burgers” along with sides, milkshakes and deserts, and also sells via home delivery giants Deliveroo and Just Eat. 

The Birmingham-registered business has traded from the premises since 2021, have previously been the site of La Rosa italian restaurant, which closed in 2015.

Sizzlers kebab and pizza shop in Wellington, Telford on August 25, 2025

According to a statement of affairs posted to companies house by liquidators, the firm owes around £57,000 to HMRC, and has no fixed…

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Newtown Creative Ltd traded under the name Teals Prairie International, advertising as “expert gift builders”.

It sold products such as personalised wooden boxes through Amazon and Etsy.

But during a meeting on August 4 at its principal address in Saltpans, Charlestown, it was decided that the company would be voluntarily wound up.

Joe Whileyof Insolvency Direct Limited in Cheltenham was appointed as liquidator.

Liquidation is the process of closing a limited company, selling the assets to pay off debts and dissolving the company from the official register at Companies House.

The business will stop trading and employing people, although as off 2024 there was only one person working for Newtown Creative.

Read the original article here

Aryza Announces Strategic Acquisition of Bravure to Expand Digital Collections and Debt Sale Capabilities

Aryza, a leading global provider of credit and debt lifecycle SaaS solutions, is pleased to announce the acquisition of Bravure, a market leader in technology enabled debt sale and recovery solutions. Based in Sydney Australia, this strategic acquisition reinforces Aryza’s commitment to the Australian market, while enhancing its capabilities in the complex post-arrears environment.

Bravure’s Bridge software helps creditors optimise recovery by analysing debt books, automating decisions on collection strategies, maximising the pricing of debt books, and enabling data exchanges with third parties such as debt collection agencies and…

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Ghana has dealt with a debt crisis since the early 2000s, originating from a long history of colonialism. Although it was one of the first African countries to gain independence in 1957, Ghana continues to depend on the export of raw materials such as gold, oil and cocoa. When global commodity prices declined in the ’80s and ’90s, countries in the Global South relied on the International Monetary Fund (IMF) and the World Bank’s advice to expand production to pay debts. As a result, the price of commodities remained low for 20 years.

The HIPC Initiative and Debt Relief Successes

In 2002, the Ghanaian government granted the central bank autonomy to use monetary policy as a tool to promote economic growth and deal with inflation….

Read the original article here

SG cinema chain Cathay Cineplexes shuts down, enters into voluntary liquidation  marketech apac

Read the original article here

Danish anti-theft start-up Pentalock files for bankruptcy  Bike Europe

Read the original article here

Sale of Liberty Ostrava: lessons learnt from the Czech insolvency process  Taylor Wessing

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….

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South Africa is facing an alarming rise in online gambling that is destroying lives and draining billions of rands from families and the economy.

Experts warn that unless lawmakers strengthen regulation, the scourge could spiral out of control.

A former gambling addict, whose habit eventually led to imprisonment, said he learnt the hard way.

ALSO READ | Mother and son kidnapped in social media scam

“It didn’t happen overnight; it was a gradual descent into hell. I was oblivious to the direction I was taking. It started with small bets and wins, then grew with the amounts I spent and the losses I incurred.

“We lie, we cheat, we steal, we connive, and eventually we hit rock bottom,” he told Gamblers…

Read the original article here

Christchurch retail institution Smiths City placed into administration  ThePost.co.nz

Read the original article here

Sweden targets young adult gambling debt in new campaign  SBC News

Read the original article here