Insolvency Guardian Media Centre
Swedish tour operator MixxTravel, the parent company of MixxTravel AB, was officially declared bankrupt on July 31, 2025, and ceased operations effective immediately, leaving thousand travelers in limbo across Greece, Türkiye, and other destinations.
According to MixxTravel owner Ercan Secilmis, approximately 1,200 to 1,300 travelers are currently at destinations served by the company—including Crete and Rhodes in Greece—following bookings made from Sweden, Denmark, Norway, and Finland.
“We apologize for any inconvenience this may cause to our customers, partners, and employees,” the company said in a statement.
Travel guarantee coverage activated
According to the Swedish National Agency for Administrative and Financial…
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Today on Texas Standard: How online sports betting is fueling a debt crisis Texas Standard
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Elme stock up after announcement of voluntary liquidation plan, asset sale MSN
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Cape Town’s debt-relief plan: Get your old bills WRITTEN OFF MSN
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The NCLT in Ahmedabad has admitted Catalyst Trusteeship’s petition against BluSmart Mobility for defaulting on dues of Rs 1.28 crore, initiating CIRP.
ccording to the shared court order copy, the tribunal said that Gensol had failed to maintain financial discipline, citing defaults on 31 March, 19 April, and 12 May 2025.
The National Company Law Tribunal (NCLT) in Ahmedabad has admitted a petition filed by Catalyst Trusteeship against BluSmart Mobility for defaulting on dues worth approximately Rs 1.28 crore. The order marks the initiation of the corporate insolvency resolution process (CIRP) against the electric cab operator, with NPV Insolvency Professionals Private Ltd appointed as the Interim…
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More than half of working South Africans – 52% – gamble, with 40% admitting they do so frequently in the hope of making money to cover expenses or debt, according to the 2025 Old Mutual Savings & Investment Monitor (OMSIM).
Now in its 16th year, OMSIM tracks the financial attitudes, behaviours, and priorities of South Africans earning at least R8 000 a month. The 2025 findings highlight a shift from crisis management towards more forward-looking financial behaviour, while also disclosing worrying trends related to gambling.
According to OMSIM’s findings, gambling is largely an online activity, either through apps or betting websites. Among gamblers, sports betting is the most popular form, with 61% participating, followed by…
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Elme Communities (NYSE: ELME), a value-oriented multifamily owner and operator, today announced that its Board of Trustees has completed its previously announced formal evaluation of strategic alternatives to maximize shareholder value. After an extensive evaluation of strategic alternatives available, the Company has entered into a Purchase and Sale Agreement with an affiliate of Cortland Partners, LLC, a vertically integrated, multifamily real estate investment, development, and management company, under which Cortland will acquire a 19-asset portfolio from Elme for $1.6 billion in cash, subject to certain adjustments. The transaction is expected to close in the fourth quarter of 2025, subject to customary…
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Restaurateur linked to 11 liquidations now owes the Govt $2m Newsroom
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Builder who dragged out court case ordered to pay $285,000 costs Stuff
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Auctioneer hired to handle assets in tree surgery firm’s liquidation Insider Media Ltd
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Elme to Seek Shareholder Approval for Cortland Portfolio Transaction and Plan of Sale and Liquidation
Intends to Make Total Upfront Distributions to Shareholders of Approximately $14.68 to $15.00 per Share assuming the Consummation of the Cortland Portfolio Transaction
Company’s Current Estimate of Additional Liquidating Distributions to Shareholders is Approximately $2.90 to $3.50 per Share in the Aggregate
BETHESDA, Md., Aug. 04, 2025 (GLOBE NEWSWIRE) — Elme Communities (“Elme” or the “Company”) (NYSE: ELME), a value-oriented multifamily owner and operator, today announced that its Board of Trustees has completed its previously announced formal evaluation of strategic alternatives to maximize…