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Bankruptcy stories

Australia energy shock raises insolvency risk for firms
Supply Chain

Australia energy shock raises insolvency risk for firms

Higher fuel and power costs are intensifying cash-flow strains for smaller firms, with CreditorWatch warning insolvencies may rise over 12 months.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Ofload warns of supply chain risk as Don Watson shuts down
Supply Chain

Ofload warns of supply chain risk as Don Watson shuts down

Ofload warns Australia's freight sector faces major disruption after refrigerated transport firm Don Watson Transport collapses, threatening supply chain stability.

By Kaleah Salmon • 4 min read • Mon, 9th Jun 2025

Global Stories

Bankruptcy stories

Singapore's DCRU eyes Japanese market amid asset performance boost efforts
Digital Realty

Singapore's DCRU eyes Japanese market amid asset performance boost efforts

Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.

By Shannon Williams • 3 min read • Fri, 3rd Nov 2023
DDN steps in at final hour to salvage Tintri trainwreck
Hyperscale

DDN steps in at final hour to salvage Tintri trainwreck

On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.

By Ashton Young • 2 min read • Wed, 11th Jul 2018
Avaya bankruptcy filing: What does it mean for ANZ?
Software

Avaya bankruptcy filing: What does it mean for ANZ?

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.

By Shannon Williams • 2 min read • Fri, 20th Jan 2017
Spark calls in receivers for Mako Networks
Physical Security

Spark calls in receivers for Mako Networks

Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.

By Heather Wright • 2 min read • Tue, 25th Aug 2015
Westcon's fighting talk
Partner Programmes

Westcon's fighting talk

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

By Staff Writer • 2 min read • Tue, 1st Sep 2009

Stories from Other Regions

Bankruptcy stories

ChatGPT tax advice already costing UK firms, say accountants
Digital Transformation

ChatGPT tax advice already costing UK firms, say accountants

UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.

By Catherine Knowles • 5 min read • Fri, 19th Dec 2025
Most social media debt advice misleading & unreliable, study finds
Facebook

Most social media debt advice misleading & unreliable, study finds

A study reveals most UK social media debt advice is misleading or unreliable, urging people to seek FCA-regulated, impartial financial guidance instead.

By Shannon Williams • 4 min read • Thu, 23rd Oct 2025
23andMe bankruptcy raises concerns for genetic data safety
Physical Security

23andMe bankruptcy raises concerns for genetic data safety

Consumer genomics company 23andMe's bankruptcy has raised serious concerns over the security of sensitive genetic data for its 15 million customers.

By Shannon Williams • 3 min read • Wed, 26th Mar 2025
Concerns over genetic data security as 23andMe bankrupts
Data Protection

Concerns over genetic data security as 23andMe bankrupts

Concerns escalate over 23andMe's bankruptcy as experts warn millions of users' sensitive genetic data may be at risk amid potential asset sales.

By Melania Watson • 4 min read • Tue, 25th Mar 2025
UK Amazon sellers sue over millions in frozen revenues
eCommerce

UK Amazon sellers sue over millions in frozen revenues

Amazon UK sellers launch legal action, accusing Amazon of unlawfully freezing tens of millions in revenue, impacting business operations.

By Sean Mitchell • 3 min read • Fri, 4th Oct 2024
One in 10 retail tech businesses in UK up for sale
Market

One in 10 retail tech businesses in UK up for sale

Study reveals that 1 in 10 retail tech businesses in UK is currently up for sale, marking a high among sectors.

By Shannon Williams • 2 min read • Wed, 13th Dec 2023
Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted
Management

Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted

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.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015