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.
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CHENNAI: Shares of Borosil Renewables Ltd., jumped 4.30% to Rs 518.50 a unit on Monday (July 7) at 10.56 AM,
Butlers Chocolate Cafe is closing its New Zealand stores after being placed in liquidation. Photo / 123rfButlers Chocolate Cafe has
Access Denied You don't have permission to access "http://www.business-standard.com/markets/null-share-price-74131/announcements/bse-exchange-47655657" on this server. Reference #18.529c3e17.1751865694.cb079f7 https://errors.edgesuite.net/18.529c3e17.1751865694.cb079f7 Read the original article here
Korea's bad bank plan raises concerns over uncertain economic effects from debt restructuring - CHOSUNBIZ  Chosunbiz Read the original article here
Upmarket tonic brand East Imperial officially wound up in NZ  thepost.co.nz Read the original article here
Auctioneer Kumar and Company appointed to sell assets of liquidated barbecue equipment business  Insider Media Ltd Read the original article here
The administrator of failed retailer Mosaic Brands has raised the possibility that the company was trading while insolvent as far
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Heartland Bank, German firms claim millions in Nelson storage firm liquidation  Waikato Times Read the original article here
Kamy Saeedi Law, one of Canberra's most recommended insolvency and liquidation services. Photo: Rohan Thomson, Pew Pew Studio. Skip to
Butlers Chocolate NZ stores put into liquidation  Stuff Read the original article here

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CHENNAI: Shares of Borosil Renewables Ltd., jumped 4.30% to Rs 518.50 a unit on Monday (July 7) at 10.56 AM, following the announcement that its German subsidiary, GMB Glasmanufaktur Brandenburg GmbH, has filed for insolvency in a German court.

The move follows months of operational challenges. GMB had cooled down its furnaces in January 2025 due to poor demand and deteriorating market conditions across the European Union. A key reason cited for the slump was Chinese manufacturers dumping solar panels and solar glass at cheaper prices, significantly impacting demand for German-made products. Despite efforts to seek assistance from authorities, no measures were introduced, forcing GMB to seek legal insolvency protection.

Impact on Borosil…

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Butlers Chocolate Cafe is closing its New Zealand stores after being placed in liquidation. Photo / 123rf

Butlers Chocolate Cafe has been placed into liquidation, with four of its five New Zealand stores already closed.

The remaining store, located at Queensgate, Wellington, will continue to trade for a short time to sell its remaining stock.

Liquidators Jessica Kellow and Iain Shephard of BDO were appointed to

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Korea’s bad bank plan raises concerns over uncertain economic effects from debt restructuring – CHOSUNBIZ  Chosunbiz

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Upmarket tonic brand East Imperial officially wound up in NZ  thepost.co.nz

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Auctioneer Kumar and Company appointed to sell assets of liquidated barbecue equipment business  Insider Media Ltd

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The administrator of failed retailer Mosaic Brands has raised the possibility that the company was trading while insolvent as far back as five years ago.

Mosaic, once one of the biggest ASX-listed clothing retailers, collapsed last year, with FTI Consulting appointed as administrators. The company operated clothing chains including Katies, Millers, Noni B and Rivers, all of which have now closed, resulting in hundreds of jobs being lost.

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Heartland Bank, German firms claim millions in Nelson storage firm liquidation  Waikato Times

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a group of four people sitting around a boardroom table in an office looking at documents on the table

Kamy Saeedi Law, one of Canberra’s most recommended insolvency and liquidation services. Photo: Rohan Thomson, Pew Pew Studio.

Is your company in serious financial trouble? Don’t panic too much – you’re not alone. COVID-19 has had an enormous impact upon our community over the past few months, as our government has taken actions to stop the spread and flatten the curve. But, with these mandated lock-downs forcing all non-essential services to temporarily close, and social distancing measures preventing people from leaving their homes, Canberra’s businesses have suffered a blow. And this is where insolvency and liquidation services come in.

If you need to…

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Butlers Chocolate NZ stores put into liquidation  Stuff

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