Helrom, the European pioneers of a side‑loading rail trailer for trucks, is defiant in the face of widely reported difficulties in the boardroom. The company has posted videos of its trains still running, despite reports that the company is in financial difficulties.

The company’s Director of Sales, Bruno Weissmann, says Helrom remains on track and looking ahead, even as preliminary insolvency proceedings begin. In recent social media posts, he highlighted full‑load contract trains still serving customers, signalling ongoing market confidence. Meanwhile, sources report that the cause of the insolvency filing was an unsuccessful financing round.

Insolvency filing and strategic restructuring

On 17–18 July 2025, Helrom filed for…

A mining giant in charge of a steel-making coal mine in north Queensland’s Bowen Basin has entered liquidation after a series of claims totalling more than $29 million from a former contractor.

It has left about 500 jobs at Bowen Coking Coal’s Burton Coal Complex in doubt.

Mark Holland and Shaun Fraser from restructuring firm McGrathNicol have been appointed as voluntary administrators.

In a statement, they said Bowen Coking Coal’s operations would continue to trade on a “business-as-usual basis while a sale and/or recapitalisation process is undertaken”.

“This includes the operations at the Burton Mine Complex…

Exactly one year since Think & Learn Pvt.—the operating entity of India’s flagship edtech company BYJU’s—entered insolvency proceedings, founder Byju Raveendran stepped up his public rhetoric. In a rare and searing LinkedIn post dated July 29, 2025, he accused a group of secondary debt buyers of orchestrating what he calls a “hostile takeover”—not due to financial distress, but under the guise of a “technical default” triggered by audit filing delays.

While Raveendran has occasionally commented on the unfolding crisis before, this latest message marks one of his strongest and most pointed public counterattacks yet.

BYJU Speaks: “Not Financial…



The Universities Accord (Cutting Student Debt by 20 Per Cent) Bill is an admission of abject failure by the Albanese government—failure to control inflation, failure to protect young Australians from Labor’s shocking cost-of-living crisis, failure to deliver a student loan scheme which is fair for all and failure to show any regard for the 24 million Australians who don’t have a student debt. This measure is only necessary because, under Labor, student debt has skyrocketed out of control since the Albanese government was elected. In 2022, HELP indexation was up 3.9 per cent. In 2023, student debts rose a staggering 7.1 per cent. In 2024, the increase was 4.7 per…

Frameworks focused on restructuring companies in distress are becoming more transparent in Singapore and Taiwan

Singapore’s insolvency and restructuring developments

Singapore’s omnibus Insolvency, Restructuring and Dissolution Act, 2018 (IRDA), came into effect on 30 July 2020 and amalgamated its corporate and personal insolvency processes, which were previously in separate statutes. The IRDA also incorporated the UNCITRAL Model Law on Cross-Border Insolvency (Model Law) into Singapore law.

The IRDA, together with the lingering effects of disruptions and insolvencies brought about by the covid-19 pandemic, has resulted in more insolvency cases being litigated before the Singapore courts. We take a look at four judgments…



This is a very important amendment to this bill. It has the effect of capping HELP indexation at three per cent. This would mean that HELP indexation would change to the lower CPI or three per cent, ensuring that everyone with a student debt, including future students signing up for a HELP loan, would not be lumbered with the risk of escalating high indexation such as we have seen under this Labor government. Since Labor was elected, even after changes to the way HELP indexation is calculated, student debt has increased by an alarming 14.3 per cent. This is in stark contrast to the average indexation rate under the former coalition government of just 1.7 per cent.

This…

Laura remembers the day she decided to leave an abusive relationship.

It was January 2020. She was on holiday with her former partner and recalls him getting physically violent in front of their children.

“He hit me that day,” Laura recalls.

Laura is not her real name. ABC News has had to conceal her identity to protect her safety.

“After confronting him, he pushed me into the wall and then grabbed me by my throat … in front of the kids,” she says.

“He grabbed my phone, broke my phone … said he was going to kill me.”

Laura says the physical abuse was the breaking point, but she had suffered years of abuse and control.

Her ex had a…

Brokers are being urged to remain alert to dishonest credit repair and debt management organisations to help better protect their clients.

ASIC recently announced a review into the credit repair and debt management sector following reports of dishonest practices.

The exploitation of vulnerable customers is being weeded out by the regulator after it claimed some organisations were not meeting debt management terms, charging high fees, or not communicating adequately with customers.

The Australian Retail Credit Association (Arca) welcomed the ASIC review and said tougher laws are needed to protect vulnerable consumers.

The credit reporting and consumer data association urged brokers to be wary of these shady…

A debt consolidation loan may be a good idea if you’re looking to reduce the costs of multiple loans, streamline your repayment process and get on top of your debt.

Personal loans used as debt consolidation loans typically offer better interest rates compared to credit cards and payday loans. For instance, if you have three loans with interest rates above 20%, consolidating debts into one personal loan with a 10% interest rate makes sense.

However, your debt consolidation loan can easily turn into a millstone around your neck. If you take out a variable interest rate loan, and rates start to climb, you could end up worse off. Or if you opt for the maximum repayment time to reduce monthly repayments, you may pay more in interest…