Poundland Group Ltd began insolvency proceedings just over a year after the discount retailer was bought by Gordon Brothers for £1 ($1.38), in another blow to Britain’s ailing high streets.

Barclays Plc and London-based hedge fund Fidera Ltd are among dozens of creditors seeking to recover money they say they’re owed by Dubai’s United Arab Emirates Exchange Center LLC — a collapsed remittance provider with an estimated $1 billion hole in its balance sheet.

Zorlu Enerji, a power producer and distributor owned by one of Turkey’s largest conglomerates, is seeking to delay a coupon payment due this week on a $1.1 billion bond.

Beleaguered Turkish white-goods maker Vestel Elektronik is asking 2029 bondholders to back a restructuring as it seeks to shore up its balance sheet.

A by-election candidate who sought to wind up Reform UK lost his case and was ordered by an insolvency judge to pay £37,000 ($49,300) of the party’s legal expenses.

Cityfibre Infrastructure Holdings Ltd. has asked banks to write down part of a £2 billion ($2.7 billion) loan and to provide new money for acquisitions as the UK fiber company seeks to stay afloat, according to people familiar with the matter.

Senegal’s push to fast-track its debt restructuring is winning bondholder support, as the nation races to secure a deal before the end of the year.

Merlin Entertainments Ltd.’s debt has tumbled amid investor concern that a recent £657 million ($871 million) refinancing fails to address the firm’s longer-term challenges.

An Australian-born software engineer who stood against Nigel Farage as an independent candidate in last month’s UK parliamentary by-election has asked a court to force the Reform leader’s party into liquidation.

One of the world’s largest commodity traders has been granted permission to sue Prax Lindsey Oil Refinery Ltd over more than $230 million of oil it says was never paid for.

Thames Water is pressing on with plans to restructure its massive financial load, even as pressure mounts on the UK government to temporarily nationalize the beleaguered utility.

Ardagh Holdings SA, one of the largest makers of glass bottles and metal cans in Europe, has been blocked from selling its metal-packaging business, potentially complicating the new owners’ efforts to monetize one of the group’s most valuable assets.

Zorlu Enerji’s bond is set for its biggest drop on record after the Turkish energy company hired advisers as weaker sales and a falling lira strain its ability to service international debt.

A slice of Cerba Healthcare’s revolving credit facility is said to be up for sale as the EQT AB-backed private laboratories company moves toward court-supervised restructuring proceedings to tackle its €5 billion ($5.8 billion) debt pile.

Wells Fargo & Co. and Barclays Plc provided as much as £85 million ($115 million) to Headlam Group Plc just months before the British flooring distributor appointed insolvency officials.

Ares Management Corp. is taking control of Toob Ltd., the struggling broadband company backed by the UK’s National Wealth Fund, according to people familiar with the matter.

Troubled UK carpetmaker Victoria Plc secured enough bondholder support for a consensual debt restructuring after HSBC Holdings Plc backed the plan at the last minute, averting a costlier, more time-consuming court process.

UK carpet maker Victoria Plc.’s bid to restructure its balance sheet is facing resistance from HSBC Holdings Plc, a holder of the company’s bonds.

Troubled business services giant Foundever Group has reached an agreement with a group of creditors to reduce its multi-billion dollar debt load, with the company’s controlling shareholder injecting fresh funds and installing new management.

UK carpet maker Victoria Plc and a group of bondholders left behind in an earlier debt deal have struck an agreement over a balance sheet restructuring.