Bank of Baroda has reached a significant out-of-court settlement, agreeing to pay $600 million to the administrators of the collapsed NMC Health group, concluding years of litigation over cross-border insolvency and alleged fraud.

Atiku Abubakar has called for a full audit of the Federal Government's N501 billion bond interventions in the power sector, questioning the necessity of new interventions if previous ones were effective and why creditors dispute debt clearance claims.

The Prague car dealership Auta Super has gone into insolvency, owing creditors up to 216 million Czech crowns. Dozens of vehicles financed by loans cannot be traced, and police are investigating the firm for suspected fraud and embezzlement.

Ethiopia has reached an agreement with bondholders to cut payments on a $1 billion bond, following $8 billion in debt relief from official creditors in recent years.

Creditors of the struggling restaurant chain Red Lobster have accused its former owner of using the popular 'Endless Shrimp' promotion to enrich itself, contributing to the company's financial woes.

Kenneth Schwartz Thomsen, a well-known property speculator from the financial crisis, is reportedly continuing his unconventional real estate transactions, including bidding on a property in his deceased father's name despite owing creditors 1.2 billion kroner.

PKP CARGO has presented settlement proposals to its creditors, aiming for faster debt reduction and the conclusion of its sanation proceedings.

Creditors of the meat company Sicasal have approved its sale to Portral for 11.5 million euros, a deal that includes the company's assets and a 76.2% cut in its debt.

A district court revealed financial maneuvering by Rami Virtanen, accused in the Icon real estate fund criminal entanglement, who transferred assets to a relative's name to avoid creditors after his million-euro boat was destroyed in a fire and he sought insurance money.

Zambia has garnered sufficient support for its bond buyback program after offering a sweetened deal to creditors.

Raizen, a major Brazilian energy company, has successfully inked a $13 billion out-of-court debt deal with its creditors.

Optimum Communications, the indebted US cable group owned by Patrick Drahi, has transferred its most valuable US pay-TV and broadband assets out of reach, escalating its dispute with creditors.

Creditors of Atalian have reached an agreement to take control of the firm as part of a debt restructuring process.

Ethiopia has formally pledged equal treatment in its ongoing debt restructuring talks, following a previous collapse of discussions where creditors rejected a $1 billion debt restructuring proposal.

Nations that have escaped colonial domination are now finding themselves surrendering economic sovereignty to distant creditors, ratings agencies, and technocrats, leading to a form of remote-controlled neocolonialism.

The liquidator for the Unification Church has begun accepting claims from victims and creditors. This process will continue for one year as part of the church's liquidation proceedings.

Creditors of the bankrupt Romanian shipyard Mangalia are preparing a new sale plan for the facility.

As insolvency proceedings begin for a central asset vehicle within the collapsed Signa empire, creditors with billions in claims are now looking towards René Benko's Laura Private Foundation, where the value of assets remains questionable.

Home-shopping TV network QVC has filed for bankruptcy protection, leading to concerns among its creditors.

An article from Cyprus explains the process of winding up a company due to its inability to pay debts, describing it as a powerful yet highly regulated tool for creditors with serious consequences beyond simple debt collection.

Creditor funds for renewable energy projects are reportedly threatening to seize Spanish state assets in the United States, including the Falcon jet, if Prime Minister Sánchez uses it for the World Cup, seeking to collect on outstanding debts.

The United States government has extended its protection for Citgo, the U.S.-based refining arm of Venezuela's state oil company PDVSA, shielding it from creditors. This move aims to preserve the asset for a future democratic Venezuelan government.

Pezinok-based construction company Hyca, burdened by fines for delayed NATO camp completion and declining business, has filed for court protection from creditors due to significant debts.

Creditors of the Zondacrypto exchange are facing significant obstacles in recovering their invested money, with experts suggesting the procedure is complicated and costly. The Polish Ombudsman has now commented on a 'black scenario,' indicating a high probability that these funds may not be recoverable.

Lawmakers in New York State are moving to revive legislation aimed at curbing lawsuits related to distressed sovereign debt, seeking to protect nations from aggressive creditors.

Bank creditors for the Brazilian energy company Raizen have reportedly submitted a restructuring proposal, according to Bloomberg.

Metals One has overcome a significant obstacle in its South African gold venture as creditors of Barbrook have approved a rescue plan.

The HBC Committee, along with other creditors, is seeking information from Richard Baker, the former CEO of Saks Global, as part of ongoing proceedings.

Poland's Supreme Administrative Court has ruled that creditors of a deceased person are not entitled to obtain personal data of potential heirs for the purpose of debt collection.

Croatia's public finances are reportedly gaining a better reputation and more favorable conditions with creditors due to fiscal discipline, raising questions about the impact on citizens' living standards.

Romania's Economy Minister Irinel Dărău announced that the Mangalia shipyard has reached a critical point, with creditors deciding to declare bankruptcy after years of financial degradation. Discussions are ongoing regarding when employees will receive their outstanding salaries.

The article discusses the use of "change of control" clauses in merger and acquisition transactions as a mechanism to protect creditors. These clauses address the risks to creditor security that can arise when control of a debtor company changes hands.

Saks Global has reached a $500 million deal with creditors, a crucial step towards exiting bankruptcy proceedings.

Ofwat is reportedly poised to waive fines for Thames Water until 2030 as part of a potential deal, with the deadline for approving creditors' emergency offer for the utility company fast approaching in October.

Xerox is utilizing a controversial tactic, previously seen in debt restructurings, to raise new debt, a move that is unlikely to be popular with its existing creditors.

Shareholders, creditors, and former workers of "Robne kuće Beograd" A.D. and "Robne kuće Beograd" D.D. will hold a protest on Monday, March 30, 2026, in front of the Serbian Presidency.

The United States has prolonged its protection of Citgo, the Venezuelan-owned oil refiner, shielding it from creditors.

Starz is set to face a lawsuit from minority creditors concerning its studio spinoff, indicating potential legal challenges related to the corporate restructuring.

A Belgian court has sentenced a retirement home benefactor, who established a facility in Hannut, for exploiting an octogenarian resident and bankrupting companies in Belgium and Tunisia. The court noted he fled to Tunisia to escape creditors.

North Macedonia's debt to domestic creditors has reached 4.3 billion euros, increasing by half a billion euros in one year, with the government announcing a continuation of long-term borrowing trends for the current year.

PwC called in as administrators after company runs out of cash, leaving it unable to pay landlords and creditors National Car Parks, the UK’s biggest car park operator, has fallen into administration, putting nearly 700 jobs at risk. NCP’s board of directors called in PwC as administrators after it ran out of cash, leaving it unable to pay its landlords and creditors, with significant rent payments due at the end of March. Continue reading...

London & Valley Water has offered to inject £3.35 billion of new equity and up to £6.55 billion in new debt to rescue the troubled supplier.

Aster DM Healthcare has received overwhelmingly positive votes from its shareholders and creditors for the proposed merger with QCIL.

The new management at Ghana's Tema Oil Refinery (TOR) is focusing on financial discipline and engaging creditors to settle an inherited debt of approximately $417 million, while also working to improve refinery operations.

MFS creditors claim $1.8 billion shortfall, Bloomberg News reports  TradingView

Wallbox, a manufacturer of electric vehicle chargers, has filed for pre-insolvency proceedings to shield itself from creditors and prevent them from initiating bankruptcy proceedings or executing debts.

Creditors of First Brands have shifted their focus to finance litigation after restructuring negotiations for the company reportedly collapsed.

The American University of Malta (AUM) is facing financial difficulties and struggling to repay creditors, attributed to declining student numbers and overall mismanagement, despite earlier promises of an elite campus.

A network of small accounting firms was responsible for auditing the MFS property lending empire, which has since collapsed with creditors owed over £2 billion amid fraud allegations.

Creditors of the Austrian tiny-house pioneer Wohnwagon have accepted a restructuring plan, which will see them receive a 20 percent quota.

The proposed trade deal between India and the European Union is reportedly lacking provisions for recognizing local CBAM accreditors, posing a challenge for its finalization.

Magnus Smidesang Rønningen and his creditors have successfully found a solution in Vågå, reaching an agreement.

Spirit Airlines is expanding its premium seat offerings and loyalty rewards program as part of its strategy to emerge from bankruptcy, rebranding its 'Big Front Seat' to 'Spirit First'.

Spirit Airlines is planning its future post-bankruptcy, having reached a deal with creditors.

A power struggle is intensifying between Czech billionaire Daniel Kretinsky and creditors Monarch and Attestor over the restructuring of French retailer Casino Group's debt, as Kretinsky seeks to increase his stake.

Reports indicate that FTX creditors, particularly those holding Ethereum, might see a full recovery and potentially more than their initial investment due to the appreciation of crypto assets since the exchange's collapse.

Santé Cie, a healthcare group owned by Ardian, has had its bank accounts seized as creditors were informed of an ongoing investigation. The probe focuses on the company and its subsidiaries' dealings with healthcare professionals.

The Bank of Ghana's share of domestic debt has decreased to 17%, while commercial creditors now hold 9.2% of Ghana’s external debt, with multilateral and bilateral holders making up the majority.

A report by BIG InfoMonitor reveals that 'multi-debtors' account for up to 40 percent of Polish consumer debt, with nearly one in five individuals owing money to at least three creditors.

The Icelandic Supreme Court has decided to hear claims for rescission from WOW Air creditors and a damages claim against the airline's former management, including ex-owner Skúli Mogensen.

Polish singer Doda and her ex-husband Emil S., along with two others, have been indicted by the Warsaw District Prosecutor's Office for actions detrimental to creditors of a film production company, involving multi-million amounts.

Receivers and agents are aggressively pushing to sell the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton, Hong Kong’s third-largest hotel complex, as banks seek to cut losses.

A recent surge in SpaceX's valuation could potentially be worth billions for FTX, raising questions about whether the defunct crypto exchange's creditors will benefit.

A consumer with $40,000 in credit card debt reportedly called creditors before missing a payment but was met with an unhelpful response.

BioNxt Solutions has announced a one-year extension on its $4.58 million debt and will issue 16.9 million bonus warrants to its creditors.

The Polish Bank Guarantee Fund (BFG) has asserted that creditors were not harmed by the forced restructuring of Idea Bank. The BFG argues that in a hypothetical bankruptcy scenario, even less money would have been available for distribution, deeming claims for over 80 million PLN from the state as unfounded.

Venezuela's recent push for debt restructuring aims to reassure creditors, though experts warn of risks without a careful plan and IMF-backed framework.

A dispute has arisen concerning the Cervantes Institute in Utrecht, involving a €10 million building and renewable energy debt, with creditors claiming possession while the cultural body denies auction or seizure.

First Brands is undergoing a restructuring process, employing a novel tactic to shuffle its creditors as part of its financial reorganization.

A court has approved a €4 million write-down for the creditors of Fade Street Social.

Deputy Finance Minister Nikolce Jankulovski announced that the most favorable offer has been selected for a €260 million loan from international creditors, as planned in the 2026 budget.

Latvian alcohol industry leader Amber Latvijas Balzams owes over 28 million euros in taxes and is currently under legal protection from creditors. The company must develop a restructuring plan by early October.

During the first review hearing at the Innsbruck Regional Court, only €32.7 million of the €1.7 billion in claims against the Laura Private Foundation were recognized, affecting six creditors.

The first creditors' meeting for the Laura Privatstiftung (Benko Foundation) is taking place in Innsbruck, with over 30 creditors having registered claims totaling 1.7 billion euros.

Decisions by the Commercial Court of Gaia and the Judicial Court of Porto have placed Boavista SAD in liquidation, with the stadium auction validated, indicating a critical situation for the club unless a creditors' agreement is reached.

Shareholders of QVC are claiming that the company is improperly allocating their value to creditors, raising concerns about corporate governance and financial practices.

Chinese Creditors Turn to Hong Kong Courts to Enforce Rulings  Bloomberg.com

GG Arena, an esports entertainment organizer in Klaipėda, Lithuania, has declared bankruptcy, owing creditors approximately 0.4 million euros.

YesCare is facing a lawsuit from creditors after defaulting on a bankruptcy settlement agreement.

Documents reveal that a company owned by Helsinki Bishop Teemu Laajasalo had nearly €270,000 in debts forgiven by creditors in 2018, a debt restructuring that the bishop had not previously disclosed publicly.

The founder of the defunct MFS company is reportedly facing a substantial £1.3 billion claim from creditors following the firm's collapse.

Creditors of Venezuela have met with Trump administration officials to discuss potential plans for the country's economic rebuilding.

Negotiations for Ethiopia's debt restructuring continue, with agreements with bondholders and commercial creditors still out of reach.

Multi-Color's bankruptcy plan has received approval after the company successfully reached a settlement with its creditors.

Creditors of Mupane are expressing growing unease as a legal appeal process continues to drag on, delaying resolution.

African governments are increasingly turning to complex financial derivatives like total return swaps to manage rising debt costs, a move critics warn could pile on risks for both countries and their creditors.

Two years after the Signa Group's collapse, creditors are continuing their search for Austrian bankrupt René Benko's assets, with the insolvency of the Laura Private Foundation removing one of his last private reserves.

Saks Global has reached a $500 million deal with creditors, paving the way for the company to emerge from bankruptcy.

Saks Global has reached a $500 million agreement with its creditors, a crucial step aimed at facilitating the company's exit from bankruptcy proceedings.

The Latvian Ministry of Finance has called on the Valkas municipality to change its budget and financial management approach, settle with creditors, and pay taxes by June 1st to resolve its long-standing financial issues.

A public executor in Montenegro has been arrested on suspicion of gambling with money belonging to creditors and citizens, treating it as his own betting stake.

An Icelandic court has acquitted seven creditors of Wow air from claims by the company's bankruptcy estate, which sought to reverse hundreds of millions of krona in payments they received shortly before the airline's collapse.

Callaway Arts & Entertainment, Inc., the multimedia publishing company known for a $25,000 book trilogy, has filed for Chapter 11 bankruptcy and owes $450,000 to Bob Dylan, who is listed among its largest unsecured creditors.

A Domino's Pizza franchisee has filed for bankruptcy, accumulating over $3.3 million in debt to its top 20 creditors and putting a store in a popular tourist hotspot at risk.

Starz Will Face Minority Creditors’ Lawsuit Over Studio Spinoff  WSJ

A carrier based in Wisconsin has initiated Chapter 11 bankruptcy proceedings, seeking protection from creditors.

Thames Water’s creditors propose £10bn rescue package  The Observer

Deal requires agreement with regulators and government and could take a number of months to conclude

The Government of Montenegro has proposed amendments to the Law on Enforcement and Securing of Claims to align with EU regulations, simplify cross-border debt collection, and clarify procedures, deadlines, and authorities in enforcement proceedings. The changes aim to improve legal certainty, protect the rights of debtors and creditors, and ensure more efficient debt recovery. The […]

Approximately $3 million has been recovered during the liquidation of a logging company that reportedly owed creditors $7.1 million.

Creditors of Wall Street-Backed MFS Claim £1.3 Billion Shortfall  Bloomberg.com

Creditors of First Brands have shifted their focus to finance litigation after restructuring talks failed, indicating a contentious path forward.

Police said Venkatesh had been under stress due to financial problems and pressure from creditors

Creditors of First Brands are shifting to finance litigation after restructuring talks for the company have reportedly failed.

Works on the Corridor 5C highway near Tešanj and Žepče in Bosnia and Herzegovina are at risk of being halted. European creditors are refusing to continue financing the project because the FBiH Government has not appointed new management for Autoceste FBiH.

A Chinese bank has halted a loan to Abu Dhabi as creditors reduce their risk exposure in the Middle East. Bloomberg

First Brands is reportedly close to reaching a settlement with its creditors as unit sales continue to advance.

Creditors of the low-cost airline Play, which went bankrupt on September 30th, number 1,786, with total claims amounting to 21 billion Icelandic Krona.

Partners in a general partnership are not obligated to liquidate company assets and distribute them among creditors. Creditors, however, are not powerless and can sue the partners for payment.

Spirit Airlines is outlining its future plans after bankruptcy, including a deal with creditors.

Spirit Airlines is outlining its strategy for operations after bankruptcy, including a deal with creditors.

Spirit Airlines has successfully reached an agreement with its creditors, paving the way for the airline to emerge from bankruptcy proceedings.

The Helsinki Garden project, previously deemed "ripe for bankruptcy," has reportedly secured additional funding, with creditors agreeing to waive their claims to support the arena development. This move aims to salvage the ambitious project.

A 39-year-old former bailiff will face trial for allegedly embezzling over 186,000 Polish złoty from legal proceedings, which prosecutors claim were not transferred to creditors.

Austria's Supreme Court (OGH) is set to decide on the two-year prison sentence handed down to Signa founder René Benko. Benko was convicted in October 2025 for allegedly gifting 300,000 euros to his mother, thereby withholding funds from his creditors.

Portugal's Resolution Fund recognized a potential 630 million euro liability in 2025 to compensate creditors harmed by Banco Espírito Santo (BES), complicating its ability to repay the state despite the sale of Novo Banco, with a total deficit of six billion euros.

James Purnell, a key appointee by Andy Burnham, is facing scrutiny over potential conflicts of interest due to his previous role advising Thames Water creditors while running consultancy Flint Global.

Restaurant chain On the Border has filed for Chapter 7 liquidation, indicating a complete cessation of operations and asset distribution to creditors.

Horizon Petroleum is proposing to settle its outstanding debt obligations by issuing new shares to creditors.

OceanR has been successfully rescued following a €680,000 investment from a Cork entrepreneur, with unsecured creditors, who were owed a total of €674,000, receiving just 5% under the terms of the rescue plan.

SoftBank's creditors reportedly declined a request for a loan that would have been secured against the company's stake in OpenAI, indicating caution regarding the valuation or liquidity of the AI investment.

An investor has emerged with a plan to save Rathwood, a garden and homeware retailer, amidst reports that creditors are likely to suffer significant losses and 2,400 customers are still awaiting refunds.

AMS Restrukturyzacje, the administrator of VB Leasing, has filed a lawsuit against the Bank Guarantee Fund, seeking 84.7 million PLN. The company alleges that the forced restructuring of Idea Bank caused it financial losses, prompting a court examination of the matter.

PKP Cargo's shares experienced a sharp decline after the company announced plans to issue millions of new shares, which will be offered to creditors, a strategic investor, employees, and current shareholders.

Ethiopia's debt restructuring talks with bondholders have reportedly failed after creditors rejected an offer to improve debt payments by $1 billion.

A detailed analysis of Uzbekistan's state debt structure has been released, outlining its creditors, the sectors to which the debt is allocated, and the currencies involved. This provides insight into the nation's financial obligations.

Court documents in Montenegro reveal that a suspect, Batak, lost millions of euros in gambling, treating creditors' and citizens' money as his own betting stake.

Documents provide insight into the Laura Private Foundation, part of René Benko's empire, revealing that its assets have recently shrunk and it has incurred losses, prompting scrutiny and asset recovery efforts for creditors.

The insolvency of Laura Privatstiftung has raised questions regarding rapid real estate sales made shortly before its financial distress. Additionally, very few claims were recognized in the process.

Venezuela has initiated the process to restructure its substantial $170 billion debt, a move aimed at alleviating the country's severe economic challenges and renegotiating terms with creditors.

A bankruptcy estate is poised to receive financial benefits stemming from the resolution of the "Malta case." This development suggests a positive outcome for the creditors involved in the bankruptcy proceedings.

Creditors of Damen Mangalia are determining the strategy for selling the company, including its valuation and potential buyers for the shipyard.

Spanish industrial group Tubos Reunidos has filed for bankruptcy proceedings, facing a lack of agreement with creditors, liquidity issues, and the absence of an industrial partner.

According to comments from Hassett, creditors of Spirit Airlines are reportedly considering giving the struggling airline more time to address its financial challenges.

An Irish man has had approximately €5.8 million in property debt discharged by the High Court in exchange for payments totaling €45,000 to his creditors.

Global Counsel, a firm co-founded by Lord Mandelson, went bankrupt in February amid scandal fallout, leaving creditors, including the tax authority, owed £4.5 million.

A hospital in Košice, Slovakia, is grappling with significant financial difficulties, as creditors are pursuing nearly €50 million through an executor, though the enforceability of the debt is reportedly low.

The financial hole left by the collapse of Banco Espírito Santo (BES) in 2014 has now surpassed 11 billion euros, with unpaid credit interest accumulating over the years, causing significant uncertainty for creditors in Portugal and Luxembourg.

Richard Baker is taking legal action to quash a subpoena issued by Saks Global creditors.

Poland's Supreme Administrative Court has ruled that the write-off of liabilities resulting from an arrangement with creditors during restructuring proceedings does not constitute their settlement for VAT purposes, specifically regarding bad debt relief. This means taxpayers are still obligated to make corrections.

Multi-Color Corporation is reportedly close to reaching a settlement with its creditors regarding a comprehensive financial restructuring plan.

German agricultural trader Baywa is in a deep financial crisis, with restructuring negotiations facing hardened fronts between cooperatives and creditors. The company is grappling with high debt and a potential balance sheet gap of up to one billion euros.

Insolvency proceedings have been opened for QimiQ Handels GmbH in Salzburg, Austria, with liabilities estimated at approximately €8.66 million owed to 159 creditors against €1.3 million in assets.

The Polish Supreme Court has ruled that not only heirs and creditors but also the spouse of an heir can initiate proceedings to confirm the acquisition of an inheritance.

Saks Global has successfully secured a $500 million deal with creditors to facilitate its exit from bankruptcy.

Saks Global has reached a $500 million deal with creditors to facilitate its exit from bankruptcy proceedings.

The private bankruptcy proceedings against former Austrian Finance Minister Karl-Heinz Grasser are set to commence on April 14 in Kitzbühel, with creditors claiming over 30 million Euros.

FTX is preparing to release $2.2 billion to its creditors, a move that is expected to have potential implications for the prices and market dynamics of cryptocurrencies like Bitcoin and XRP.

An association of shareholders, creditors, and former employees of 'Robne kuće Beograd' (Belgrade Department Stores) will hold a protest on Monday, March 30, 2026, in front of the Serbian Presidency building.

Employees at the Mangalia Shipyard in Romania are protesting again, demanding over three months of unpaid salaries and the approval of the company's reorganization plan by the Creditors' Assembly.

ARP E-Vehicles, a Polish company intended to produce electric buses in Bydgoszcz, has filed for bankruptcy after its management resigned. Over 100 employees have been laid off, and creditors are awaiting payment, despite the initial bankruptcy application being dismissed.

Slovak furniture company Decodom is once again facing financial difficulties and has requested court protection from creditors, having previously done so during the COVID-19 pandemic.

A 68-year-old iconic clothing pioneer has filed for Chapter 11 bankruptcy, seeking protection from creditors while it reorganizes its business.

The estate of a deceased Kenyan politician is facing potential jeopardy as numerous creditors are lining up to claim outstanding debts.

North Macedonia's debt to domestic creditors has reached 4.3 billion euros, increasing by half a billion euros in one year. Analysis shows that 52.3% of these loans have a maturity period of 15 years.

Café Florianihof in Vienna has initiated restructuring proceedings without self-administration, affecting 30 creditors as it battles for financial survival.

Argentina has struck a settlement with holdout funds regarding its defaulted debt from 2001, with creditors and debtors agreeing to a standstill in a US court until the agreement is finalized.

Creditors of the collapsed UK mortgage provider MFS are alleging a £1.3 billion shortfall, claiming the company lent to connected parties, ahead of an urgent court hearing.

Creditors of First Brands are shifting to finance litigation after restructuring talks for the company have reportedly failed, as reported exclusively by WSJ.

Upcoming asset sales are expected to yield as little as $200mn to pay off debt pile of more than $12bn

Homlok Zrt., a company formerly owned by Lőrinc Mészáros's son-in-law, has reached an agreement with its creditors, successfully concluding its bankruptcy proceedings.

Big-name creditors are lining up in a scramble over the assets of the failed builder Teak Construction.

Auckland supermarket closes as creditors put it into liquidation  NZ Herald

A mortgage firm has collapsed amidst fraud allegations, leaving Barclays with a significant £600 million exposure. Another article details MFS creditors warning of a £930 million shortfall from double pledges, indicating broader issues in the credit market.

The Viennese restaurant Prateralm has filed for bankruptcy for a second time. It is unclear if the establishment can continue operations, as 41 creditors have filed claims totaling 1.29 million Euros.

Spirit Airlines is planning its future after bankruptcy, having reached a deal with its creditors.

Spirit Airlines is outlining its strategy for operations after emerging from bankruptcy, including a new deal with creditors.

Azul SA has finalized investment agreements with both strategic investors and existing creditors.