North East Stays Top Of UK Personal Insolvency Table – North East Connected (press release) (subscription)

North East England has retained its unwanted place at the top of the national table for personal insolvency for the eighth consecutive year. According to the latest annual figures from The Insolvency Service, there were 22.6 individual insolvencies per 10,000 people in the North East in 2015, which are comprised of bankruptcies, Debt Relief Orders…

Unister files for insolvency, four days after death of founders in plane crash – Tnooz

Unister, the holding company behind a string of high-profile online travel brands in Germany, has made itself voluntarily insolvent. Under its umbrella are Fluege, Reisen and Geld all of which will not be affected, according to the filing, as they operated independently by other entities. An insolvency fund will allow the business to continue operations whilst…

Alleged organizer of Crimean blockade declared bankrupt – RAPSI

11:40 18/07/2016 MOSCOW, July 18 (RAPSI) The Moscow Commercial Court has declared Lenur Islyamov, alleged organizer of food blockade of Crimea, bankrupt, Islyamovs representative told RAPSI on Monday. On March 16, the court introduced a procedure for restructuring of Islyamovs debt upon the application of Sberbank of Russia. According to the banks representative, the businessmans…

Bob Jane bankrupt after Harold Mitchell debt chase – The Sydney Morning Herald

Tyre king Bob Jane has declared bankruptcy after Harold Mitchell, his mate of four decades and one of Australia’s most prominent businessmen, pursued him over a $200,000 debt. The former race car champion owes millions of dollars and says his fortune has been whittled down to $15 cash and a Holden Commodore. Bob Jane has declared himself bankrupt, owing…