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Bankruptcy stories

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Most social media debt advice misleading & unreliable, study finds

Last month
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A study reveals most UK social media debt advice is misleading or unreliable, urging people to seek FCA-regulated, impartial financial guidance instead.
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Ofload warns of supply chain risk as Don Watson shuts down

Mon, 9th Jun 2025
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Ofload warns Australia’s freight sector faces major disruption after refrigerated transport firm Don Watson Transport collapses, threatening supply chain stability.
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23andMe bankruptcy raises concerns for genetic data safety

Wed, 26th Mar 2025
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Consumer genomics company 23andMe's bankruptcy has raised serious concerns over the security of sensitive genetic data for its 15 million customers.
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Concerns over genetic data security as 23andMe bankrupts

Tue, 25th Mar 2025
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Concerns escalate over 23andMe's bankruptcy as experts warn millions of users' sensitive genetic data may be at risk amid potential asset sales.
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UK Amazon sellers sue over millions in frozen revenues

Fri, 4th Oct 2024
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Amazon UK sellers launch legal action, accusing Amazon of unlawfully freezing tens of millions in revenue, impacting business operations.
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One in 10 retail tech businesses in UK up for sale

Wed, 13th Dec 2023
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Study reveals that 1 in 10 retail tech businesses in UK is currently up for sale, marking a high among sectors.
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Singapore's DCRU eyes Japanese market amid asset performance boost efforts

Fri, 3rd Nov 2023
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Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.
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DDN steps in at final hour to salvage Tintri trainwreck

Wed, 11th Jul 2018
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On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.
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Avaya bankruptcy filing: What does it mean for ANZ?

Fri, 20th Jan 2017
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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.
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Spark calls in receivers for Mako Networks

Tue, 25th Aug 2015
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Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
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Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted

Fri, 6th Mar 2015
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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.
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Westcon’s fighting talk

Tue, 1st Sep 2009
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Westcon New Zealand celebrates 35% annual growth and eyes further market expansion with new hires and vendor deals, including exclusive partnerships.