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.
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A Set small text size A Set the default text size A Set large text size In 2023, English Premier
Efficiently dealing with personal loan debt collectors can be stressful, but knowing your fundamental rights and responsibilities can make a
Image Source: un.org Global development in the contemporary epoch hinges on a delicate balance of financial flows. For developing countries,
Superfood Kitchen moves to liquidation following closure of last outlet  Singapore Business Review Read the original article here
The number of new businesses set up in Wales rose by 25.3% in July 2025 compared to the same month
Queensland developer Con Bassili is again under financial pressure, with multiple companies tied to him and long-time business partner George
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Subsea Services Limited is listed as a company that deals with “engineering related scientific and technical consulting activities.” But a
Entertainment company mm2 Asia on Sept 1 announced that Cathay Cineplexes will undergo voluntary liquidation.The struggling cinema chain, which owes
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Cathay Cineplexes to undergo creditors’ voluntary liquidation amid mounting debts  The Online Citizen Read the original article here

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Iwaki Co. Ltd. ( (JP:6237) ) has shared an announcement.

Iwaki Co., Ltd. announced the completion of the liquidation of its overseas non-consolidated subsidiary, IWP Holding Company Limited, based in Hong Kong. The liquidation, which was initially disclosed in October 2024, has been finalized as of August 22, 2025, with no significant impact on the company’s consolidated financial results.

The most recent analyst rating on (JP:6237) stock is a Hold with a Yen2676.00 price target. To see the full list of analyst forecasts on Iwaki Co. Ltd….

Read the original article here



In 2023, English Premier League star Ivan Toney was found guilty of several betting breaches and subsequently banned for eight months.

Widely commented on at the time was that Brentford, his club, were sponsored by Hollywood Bets.

So while their star striker was banned, the rest of the team were week after week promoting betting.

Even more ironic was seeing Toney, after his suspension, running out to play with a betting logo front and center on his chest.

Sports and betting have always shared a close bond. But a relationship that started off as fun and relaxed has long since become problematic….

Read the original article here

Efficiently dealing with personal loan debt collectors can be stressful, but knowing your fundamental rights and responsibilities can make a huge difference. 

The nations’ lending institutions and recovery agents must now follow strict guidelines and regulations laid down by the Reserve Bank of India (RBI) to ensure protection of borrowers from unethical collection practices, emotional harassment, and unnecessary trouble.

It is therefore important for borrowers to not only ensure on-time repayment of loans but also sensible planning before availing of loans. So that they are never faced with sudden or unexpected recoveries.

Chintan Panchmatiya, founder of SwitchMyLoan, says, “The smartest way to avoid debt collection pressure is timely…

Read the original article here

Image Source: un.org

Global development in the contemporary epoch hinges on a delicate balance of financial flows. For developing countries, ensuring that more resources flow in than out is critical to sustaining growth and reducing poverty. Nonetheless, debt burdens, tax evasion and avoidance, and declining investment continue to challenge progress. The recent United Nations (UN) International Conference on Financing for Development (FfD4) in Seville – the largest in a decade – underscored that meeting the Sustainable Development Goals (SDGs) requires moving beyond aid toward an integrated financial strategy.

From Aid to “Aid Plus” Model

Over the past two decades, the development finance agenda has shifted from…

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Superfood Kitchen moves to liquidation following closure of last outlet  Singapore Business Review

Read the original article here

The number of new businesses set up in Wales rose by 25.3% in July 2025 compared to the same month last year, while insolvency-related activity in the region fell by 19.7% over the same period, according to new research from R3, the UK’s restructuring, turnaround and insolvency trade body.

R3’s analysis of data provided by Creditsafe shows that 2,035 new businesses were set up in Wales in July – a 25.3 % increase from July 2024’s total of 1,624.

Over the same period, the number of insolvency-related activities – which includes liquidator and administrator appointments and creditors’ meetings – fell from 71 to 57, a 19.7% drop.

Bethan Evans, Chair of R3 in Wales, says: “These figures suggest growing confidence in…

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Queensland developer Con Bassili is again under financial pressure, with multiple companies tied to him and long-time business partner George Cheihk now in administration or liquidation, carrying debts of more than $40 million.

Bassili, 55, a former bankrupt, is a shareholder in Queensland Developments Payroll, which went into voluntary administration last year owing $5.4 million.

The company was rescued through a deed of company arrangement requiring creditors to be paid around 52 cents in the dollar, with millions still due by September 19.

Another venture, Budamba Property Holdings, collapsed in June owing more than $28 million after a NSW Supreme Court wind-up order.

Liquidator Bruce Gleeson has since lodged…

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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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Subsea Services Limited is listed as a company that deals with “engineering related scientific and technical consulting activities.”

But a resolution to voluntarily wind up the firm was passed during a meeting at the company’s office on 20 Bracken Road, near Duloch Park.

Steven Wright, Licensed Insolvency Practitioners were appointed as liquidators on July 15.

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.

In short it will stop doing business and employing people, although only one person worked for Subsea as off March last year.

In general terms liquidation is the process a company…

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Entertainment company mm2 Asia on Sept 1 announced that Cathay Cineplexes will undergo voluntary liquidation.

The struggling cinema chain, which owes money to the landlords of several of its outlets, is unable to continue operating as a going concern, its parent company said.

“Cathay Cineplexes had attempted to negotiate amicable resolutions with the various creditors, but (it) was unable to arrive at mutually agreeable restructuring outcomes of its payment obligations owed to these creditors,” mm2 Asia said.

The board of Cathay Cineplexes will proceed with a creditors’ voluntary liquidation of the cinema chain, after determining that it is “no longer feasible” to continue operating as a going concern, the media company said.

An…

Read the original article here

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To enable cookies, follow the instructions for your browser below.

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

Cathay Cineplexes to undergo creditors’ voluntary liquidation amid mounting debts  The Online Citizen

Read the original article here