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.
Voluntary Liquidation: Why Companies Like The Projector, Reebonz, and Hooq Chose To Wind Up  DollarsAndSense.sg Read the original article here
You don't go into public service work for the money.Matt Sembach and Malissa Williams worked as a public defender and
“You saw signs with the Reserve Bank statement earlier this week around cutting interest rates again ... It does help
Acropolis Greek Taverna in London Road, Headington is bustling with life and "committed" to entertaining its customers, the restaurant owner
Inside the demise of mysterious oil company which was once the best performing stock in Ireland  The Journal Read the original
Insolvencies edge up in cautious July  Hartlepool Mail Read the original article here
This week’s TGIF examines the recent decision of the Federal Court in Reid, in the matter of Kununurra Panel Beating
The company had previously sought a royalty deferral from the Queensland Revenue Office, which was rejected on 29 July. Credit:
The creditors’ position would continue to “play out” through the administration process, Gammel said.“Were still hopeful of getting a sale
Over 97,000 Accounts Already Participating in GH Bank’s Debt Relief Program for Homeowners BANGKOK, Thailand – Deputy Government Spokesperson Sasikarn
‘Both of you are wrong’: Florida mom wants to gift her son-in-law $30K — while dad says no handouts. Dave
62% of Professionals Earning Over $300K Struggle to Get Out of the Red  moneywise.com Read the original article here

Voluntary Liquidation: Why Companies Like The Projector, Reebonz, and Hooq Chose To Wind Up  DollarsAndSense.sg

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You don’t go into public service work for the money.

Matt Sembach and Malissa Williams worked as a public defender and a nurse, respectively — careers that require years of schooling.

They’re passionate about their jobs in the public sector, and the promise of student-loan forgiveness was an added bonus.

“I felt compelled to serve the public,” Sembach told Business Insider. “I worked long hours with a ton of stress to ensure that my clients received not only adequate representation, but superb representation, because I knew that their lives were on the line and it was important to them. So it was important to me.”

Both Sembach and Williams hold 6-figure student-loan balances from their educations. They’re…

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Acropolis Greek Taverna in London Road, Headington is bustling with life and “committed” to entertaining its customers, the restaurant owner has said.

Owner Ammena Abdu said: “Acropolis Greek Taverna is open as usual and has no plans to close.

“We remain committed to serving our customers in Headington.”

READ MORE: Trial date set for ‘sophisticated’ RAF Brize Norton attack 

This is despite concerns raised about the business after it was subject to a winding up order and essentially closed by the courts. 

AF Oxford Limited, the company which formerly owned the restaurant, was wound up by the Business and Property Courts in Manchester and shut down in an order filed on May 13. 

The restaurant was closed…

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Inside the demise of mysterious oil company which was once the best performing stock in Ireland  The Journal

Read the original article here

Insolvencies edge up in cautious July  Hartlepool Mail

Read the original article here

This week’s TGIF examines the recent decision of the Federal Court in Reid, in the matter of Kununurra Panel Beating Works (Holdings) Pty Ltd Ltd (in liq) [2025] FCA 593 (Kununurra). In providing a helpful summary of the principles applicable to applications for pooling orders, the Court has also indicated that the traditionally broad scope of section 90-15 of the Insolvency Practice Schedule (Corporations) (IPSC) is not without its limitations.

Key takeaways

  • Pooling orders are a handy tool available to liquidators appointed to multiple companies, allowing them to circumvent unnecessary and costly investigation into inter-company affairs and maximise payment to creditors of the companies as a whole.
  • A court must refuse to make…

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Bowen Coking Coal has entered voluntary administration, a move that has heightened concerns regarding the future of the coal industry in…

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The creditors’ position would continue to “play out” through the administration process, Gammel said.

“Were still hopeful of getting a sale away and parties are working very hard to do that,” he said.

“The guys [at 1800 Lasagne] are still continuing to trade because they really believe in the business and want to keep it going.”

On Instagram this week, 1800 Lasagne shared that it was hiring chefs. A post urged applicants to “come join us”.

“We are looking for chefs that are driven, ambitious, excited and passionate about food and wine,” the post read. “Various roles and rosters available.”

Gammel said creditors would receive more details in a report due on Tuesday.

He said in the creditors’ meeting that 1800…

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Over 97,000 Accounts Already Participating in GH Bank’s Debt Relief Program for Homeowners

BANGKOK, Thailand – Deputy Government Spokesperson Sasikarn Watthanachan has announced that the government, through the Government Housing Bank (GH Bank), is continuing the “Khun Soo Rao Chuay” (You Strive, We Support) Phase 2. The project, which assists vulnerable debtors by expanding eligibility criteria and extending the registration period until September 30, has already seen participation from over 97,000 accounts.

According to Sasikarn, the campaign is open to clients with a credit limit not exceeding 5 million baht who signed their contract before January 1, 2024. Eligible participants include debtors…

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‘Both of you are wrong’: Florida mom wants to gift her son-in-law $30K — while dad says no handouts. Dave Ramsey calls for a third option  moneywise.com

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62% of Professionals Earning Over $300K Struggle to Get Out of the Red  moneywise.com

Read the original article here