Crypto lender Celsius Network cleared to exit bankruptcy
Celsius Network, a crypto lender, has received approval from a US bankruptcy court for a restructuring plan that will return...
News
Commercial bankruptcy filings in US increase 61% in first 9 mnths of 2023
Commercial bankruptcies in the United States increased 61% in the first nine months of 2023, compared to the same period...
ABI’s 40-Under-40 US insolvency professionals
American Bankruptcy Institute (ABI) announces the honorees of its 2023 40-Under-40 award program, which identifies 40 top insolvency professionals under...
Company insolvencies in UK up 27% in June; individual bankruptcies up 29%
The number of registered company insolvencies in UK in June 2023 was 2,163, 27% higher than in the same month...
Chapter 11 bankruptcy filings in US rise 68% in first half of 2023
Commercial chapter 11 bankruptcies in the US rose 68% to 2,973 during the first six months of 2023 compared with...
Company insolvencies in UK fall 15% in April
In April 2023, the registered company insolvencies in the UK totalled 1,685, showing a 15% decrease compared to the same...
US-based Vice Media files for bankruptcy
Vice Media, once a rising star in the digital media industry, has encountered significant setbacks and filed for Chapter 11...
Individual insolvencies in UK shrink 9% in Q1 2023
There were 29,017 individual insolvencies registered in the UK in Q1 2023, which was 2% lower than the number of...
Virgin Orbit files for chapter 11 bankruptcy in US
Maverik British billionaire Richard Branson's satellite launch company Virgin Orbit has filed for bankruptcy in the US after it failed...
Personal insolvencies in Australia up 25% in January
Personal insolvencies in Australia increased 24.5% in January 2023, according to new monthly statistics released recently by the Australian Financial Security...