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.
Bessent looks to stablecoins to support US debt demand  breakingthenews.net Read the original article here
I can guess that the deep state, the intelligence community, the parts of the government that never change – the
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A Gore accountancy firm worker has pleaded guilty to siphoning more than $180k from a client’s bank account to cover
Man pleads guilty to stealing nearly $175k to fund gambling habit  The Press Read the original article here
Nebraska on the verge of bankruptcy because of tariffs, labor shortages? Truth behind viral claim - Hindustan Times  Hindustan Times Read
Ericsson misusing insolvency code for coercion and debt recovery, Rcom tells NCLT  MSN Read the original article here
A Gore accountancy firm worker has pleaded guilty to siphoning more than $180k from a client’s bank account to cover
NZ-based premium appliance retailer and Narta member Kitchen Things and its distribution company Applico that exclusively supplies Smeg and ASKO
Popular Palmerston North eatery Cafe Cuba in liquidation ... Read the original article here
The Kitchen Things appliance chain has gone into receivership. Photo: Google Maps Kitchen Things group put into receivership Losses mounted
Claim: In August 2025, Nebraska was on the verge of bankruptcy because of tariffs and labor shortages following immigration raids.

Bessent looks to stablecoins to support US debt demand  breakingthenews.net

Read the original article here

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Genetic Technologies ( (AU:GTG) ) just unveiled an update.

Genetic Technologies Limited has entered voluntary administration after failing to secure necessary capital and strategic partnerships, despite efforts to restructure and focus on US sales growth. The company has sold its geneType business to Rhythm Biosciences Limited for $625,000, a move that includes the transfer of intellectual property, assets, and employees, while administrators continue to explore options for the company’s future.

More about Genetic Technologies

Genetic…

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A Gore accountancy firm worker has pleaded guilty to siphoning more than $180k from a client’s bank account to cover his own gambling addiction and debts. 

The man, whose name is suppressed, admitted the 12 charges of obtaining by deception between 2018-21 in the Gore District Court today. 

The court heard the man worked for a firm in Gore and one of his jobs was providing accountancy services to the victim’s company, including the paying of accounts. 

Between 2018-21 the police summary said the man transferred money from the victim’s business account to the man’s personal account. 

The withdrawals were labelled in such a way that they mimicked invoices the victim had received from outside companies. 

The transfers started…

Read the original article here

Man pleads guilty to stealing nearly $175k to fund gambling habit  The Press

Read the original article here

Nebraska on the verge of bankruptcy because of tariffs, labor shortages? Truth behind viral claim – Hindustan Times  Hindustan Times

Read the original article here

Ericsson misusing insolvency code for coercion and debt recovery, Rcom tells NCLT  MSN

Read the original article here

A Gore accountancy firm worker has pleaded guilty to siphoning more than $180k from a client’s bank account to cover his own gambling addiction and debts. 

The man, whose name is suppressed, admitted the 12 charges of obtaining by deception between 2018-21 in the Gore District Court today. 

The court heard the man worked for a firm in Gore and one of his jobs was providing accountancy services to the victim’s company, including the paying of accounts. 

Between 2018-21 the police summary said the man transferred money from the victim’s business account to the man’s personal account. 

The withdrawals were labelled in such a way that they mimicked invoices the victim had received from outside companies. 

The transfers started…

Read the original article here

NZ-based premium appliance retailer and Narta member Kitchen Things and its distribution company Applico that exclusively supplies Smeg and ASKO products have gone into voluntary administration. 

The business, created by Mark Jones in 1986 has most recently been managed by Mark’s daughter Rachael Louie. 

Rachel Louie and Mark Jones

At one stage there were 16 Kitchen Things locations throughout New Zealand, however a number of stores have recently closed at Westgate, Whangarei, Palmerston North, Mount Eden, Kapiti and Botany. 

The retailer continues to operate showrooms across the Auckland Region in North Shore, Newmarket, Mt Wellington and its Botany Outlet as well as other locations in Hamilton, Tauranga,…

Read the original article here



Popular Palmerston North eatery Cafe Cuba in liquidation


















Read the original article here

The Kitchen Things appliance chain has gone into receivership.
Photo: Google Maps

  • Kitchen Things group put into receivership
  • Losses mounted as weak consumer demand, competition hit sales
  • Twelve stores closed for now, may reopen if costs can be controlled
  • Buyers sought for some or all of business

A national kitchen appliance chain has gone into receivership because of weak consumer demand and tough competition.

The directors of the Kitchen Things group asked its bankers to call in the receivers as the business made continuing losses despite cost cutting and restructuring.

Receiver Stephen Keen of Grant Thornton said efforts to keep the chain going have not countered the drop in sales and shrinking margins.

“Over the past…

Read the original article here

Claim:

In August 2025, Nebraska was on the verge of bankruptcy because of tariffs and labor shortages following immigration raids.

Rating:

Context

Nebraska must balance its budget every year, as required by the state constitution. In other words, it cannot have a debt, which means it cannot go bankrupt. However, Nebraska farmers have experienced uncertainty because of new…

Read the original article here