Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, says: “Despite a decrease compared to last month, July’s…
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – as it happened The Guardian Read the original article here
Company insolvencies up due to high interest rates, weak demand and rising costs The Mirror Read the original article here
The lenders of SKS Power Generation have received an upfront payment of Rs 1,950 crore from Sarda Energy and Mining, the successful bidder for the debt-ridden thermal power producer, the insolvency appellate tribunal NCLAT was informed on Tuesday. Moreover, allegations of “mala fide” intention or aligning towards any party while approving the resolution plan from…
The museum fit-out company, Elmwood Projects, has entered liquidation after filing for insolvency in July. The Glasgow-based firm provided services for a range of high-profile museum and gallery projects, including the recent redevelopments of Glasgow’s Burrell Collection and St Fagans National Museum of History in Wales. … Read the original article here
13 hours ago, sweetmusicviola16 said: What’s good for Rose should be good for Ohtani. Rose gambled on baseball while he was a player/manager. That is prohibited. I don’t think Ohtani’s interpreter gambled on baseball, but who knows? And was it Ohtani who actually was the one gambling? It all seems suspicious, but hopefully MLB will…
Benny Landa’s dream of synthetic diamonds success is nearing its end, about eight years after it began. Lusix, which produces rough laboratory diamonds, has requested a stay of proceedings under Section 4 of the new Insolvency Law—a move designed to provide temporary protection from creditors while attempting to consolidate a debt arrangement and set the…
On the gambling books, Ippei Mizuhara was known by the account number “35966.” Using that handle, Mizuhara made 19,000 illegal wagers with an Orange County bookmaker, averaging 25 bets a day, from $10 to $160,000, indicating the level of his alleged addiction. In one day in October, he made three bets totaling $233,386, authorities said.…
The number of companies that have gone insolvent over the past year has exceeded the number that failed during the global financial crisis in 2008. In the year to the end of July, 25,551 companies fell into insolvency, a figure 1.4 per cent higher than the 25,186 insolvencies recorded over the same period in 2008-09.…
The number of companies that became insolvent in July was 16% higher than during the same period last year, according to official data. In England and Wales, 2,191 businesses went bust, according to the Insolvency Service, compared with 1,890 in July 2023. The figures included 320 compulsory liquidations – when a company is forced to…