Insolvency Guardian Media Centre
“We anticipate continuing growth in the new financial year, driven by the increase in scale of our teams, including the recruitment of senior fee earners, together with the visibility of fees on current instructions, larger and higher value cases, and supportive market conditions.
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TPX (The Podcast Exchange), the Toronto-based podcast advertising reseller and branded content producer, has sent a letter to creditors notifying them that the company plans to file a Notice of Intention (NOI) under the Bankruptcy and Insolvency Act.
The NOI buys the company time to develop a proposal to its creditors as it works to stabilize the business, giving it an initial 30-day stay of proceedings as it works to ensure suppliers are paid so it can continue operating.
Founded in 2017 by Jean-Marie Heimrath (who retired as founding CEO in 2021) and Jeff Ulster (who is still listed on the company website as a strategic consultant), TPX was a pioneer in the Canadian podcast advertising space, most recently signing a deal with BBC…
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Years after the joint venture was terminated, GAC FCA has been declared bankrupt
Leicester City say they are “in regular discussions” with sponsor BC.Game after two companies connected to the gambling platform were declared bankrupt.
Blockdance BV and Small House BV, which operated BC.Game from Curacao, were declared bankrupt by a court on the Caribbean island this month for allegedly failing to pay customers and meet regulatory requirements.
BC.Game said it was appealing that decision, adding that it was “not facing liquidity issues and has maintained solid financial stability”.
Leicester, who signed BC.Game as their main sponsor in the summer on a two-year deal reported to be worth up to £30m, say the…
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Owners of collapsed Research First company back in business The Press
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Holly Willoughby’s firm given new chance to avoid liquidation over £377K bill The Sun
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5 lesser-known facts about debt management plans AZ Big Media
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Building on AAAA, FfD4 Rekindles Hope Embodied in SDGs SDG Knowledge Hub
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While debt consolidation isn’t a cure-all for money problems, it’s becoming increasingly popular among South African consumers as a practical way to manage their finances.
According to specialist loan provider, DirectAxis, nearly a quarter of all the applications it approves are for consolidation loans.
“Debt consolidation isn’t for everyone, but it can be a useful tool to get your financial affairs under control. This is particularly true if you’re feeling overwhelmed or stressed about juggling multiple credit agreements – from credit cards and retail accounts to loans and overdrafts,” said Gavyn Letley, Product Head at DirectAxis.
Managing these credit facilities can be difficult, and a missed payment could…