Insolvency Advisory Accountants 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.
Go to ASIC
AirAsia X shows court creditors’ support for restructuring plan – The Jakarta Post – Jakarta Post
Most of AirAsia X Bhd (AAX)s lessors support a restructuring plan, and the Malaysian airline has received interest from potential
Legal bid launched to ban ex-Carillion directors from top boardroom roles – The Guardian
The UK government has launched a legal bid to ban eight former Carillion directors from holding senior boardroom positions, almost
NCLT passes order to liquidate dairy firm Kwality – The Hindu
The National Company Law Tribunal (NCLT) has directed to liquidate debt-ridden dairy firm Kwality Ltd after the company failed to
Builder bankrupt as company owes $1.7m – Morning Bulletin
The director of a company that once billed itself as Brisbane's premier home extension and renovation business before collapsing has
PwC strengthens restructuring senior team in the Midlands – East Midlands Business Link
Professional services firm PwC has further enhanced its Business Restructuring Services (BRS) offering in the Midlands to help clients navigate
MPs to investigate corporate insolvency market – Accountancy Daily
The All-Party Parliamentary Group (APPG) on Fair Business Banking has started a six month project, with support from City law
Builder bankrupt as company owes $1.7m – Queensland Times
The director of a company that once billed itself as Brisbane's premier home extension and renovation business before collapsing has
‘7 things I wish I knew about paying off debt,’ from a YouTube star who paid off $200,000 in 2...
Whether it's an outstanding credit card balance, student loans, a new car payment or a first-time mortgage, having debt is
Calls for Covid debt relief package as county court judgments soar – The Guardian
County court judgments (CCJs) against struggling borrowers have surged, leaving more vulnerable consumers at risk of being chased for debts
Debt behind Rockhampton accounting firm liquidation revealed – Morning Bulletin
Rockhampton firm Taurus Accounting has gone into liquidation owing more than $260,000 in debts, according to official documents. The company,
What’s Next for Australian Fashion Labels? – Power Retail
Australian Fashion Labels is having urgent talks with a potential buyer after filing for voluntary administration on 6th January. Brands
A wave of COVID-19 business failures may not come but 2021 will still be excruciating for some – ABC News
Some experts now believe there will no longer be a massive spike in businesses going belly up as COVID-19 drags