Bankruptcy stories
Canada's oldest retailer closed all stores after 355 years, undone by debt, digital change and declining footfall.
Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.
On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.
While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.
Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
Westcon New Zealand celebrates 35% annual growth and eyes further market expansion with new hires and vendor deals, including exclusive partnerships.
Higher fuel and power costs are intensifying cash-flow strains for smaller firms, with CreditorWatch warning insolvencies may rise over 12 months.
Irish insolvencies fall 7% to 812 in 2025, but court liquidations and receiverships surge as creditors and tax authorities tighten enforcement.
UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.
A study reveals most UK social media debt advice is misleading or unreliable, urging people to seek FCA-regulated, impartial financial guidance instead.
Ofload warns Australia's freight sector faces major disruption after refrigerated transport firm Don Watson Transport collapses, threatening supply chain stability.
Consumer genomics company 23andMe's bankruptcy has raised serious concerns over the security of sensitive genetic data for its 15 million customers.
Concerns escalate over 23andMe's bankruptcy as experts warn millions of users' sensitive genetic data may be at risk amid potential asset sales.
Amazon UK sellers launch legal action, accusing Amazon of unlawfully freezing tens of millions in revenue, impacting business operations.
Study reveals that 1 in 10 retail tech businesses in UK is currently up for sale, marking a high among sectors.
Former Blue Chip boss Mark Bryers has been discharged from his five-and-a-half year bankruptcy, though he's banned from acting as a manager or directo.
