Indian ed-tech giant Byju's insolvency case fans fears of employees – StreetInsider.com
Indian ed-tech giant Byju’s insolvency case fans fears of employees StreetInsider.com Read the original article here
Cubitt’s in liquidation but projects will be completed
The Cubitt’s Display Centre in Fyshwick. Eleven projects were affected in the ACT. Photo: Cubitt’s. A 30-year-old, family-owned building company has gone into liquidation, but clients will have their projects completed after the sale of parts of the business. Cubitt’s Granny Flats and Home Extensions was formally placed into liquidation at a creditors meeting last…
'It was a disaster': tradies owed thousands as company goes into liquidation – The Canberra Times
‘It was a disaster’: tradies owed thousands as company goes into liquidation The Canberra Times Read the original article here
PPS Commercial, PPS Qld in liquidation as 3000 building companies collapse in past year
Two construction companies have collapsed owing $4.5 million, with the list of creditors tipped to rise. Gold Coast companies Burleigh Heads-based PPS Qld and PPS Commercial were placed into liquidation on Monday, leaving a number of projects incomplete. It’s the latest devastating run of construction companies falling into liquidations across Australia. PPS Qld is believed…
SunPower, a Major Solar Installer, Went Bankrupt. What Now?
In the energy industry, it’s known as the solar coaster: The ups and downs in the solar industry that can cause companies to grow quickly and fade just as fast. So far in 2024, customers of more than one big installer have felt those big downhill drops. The latest solar giant to run into struggles…
Mobileum goes bankrupt amid PE owners' legal battle – Reuters
Mobileum goes bankrupt amid PE owners’ legal battle Reuters Read the original article here
Former England rugby captain and World Cup winner has been declared bankrupt
Phil Vickery, the former England rugby captain, has declared bankruptcy, revealing debts amounting to £100,000 to a company now in liquidation. The former tighthead-prop is a former professional rugby player who made a significant impact on the sport during his illustrious career. Renowned for his formidable presence on the field and exceptional skills as a…
How Italian villas link to bankrupt billionaire through Luxembourg – Luxembourg Times
How Italian villas link to bankrupt billionaire through Luxembourg Luxembourg Times Read the original article here
Fears policymakers are not taking note of record insolvencies
NSW Small Business Commissioner Chris Lamont. Source: Supplied Decade-high business insolvency figures may not speak for themselves, says NSW Small Business Commissioner Chris Lamont, who fears that ample data on SME hardships may go unconsidered by policymakers. Speaking at the Council of Small Business Organisations Australia (COSBOA) annual summit on Wednesday, Lamont said better regulation…
Company insolvencies in England and Wales higher in past year than during financial crisis; gold hits record highs – as it happened | Business
More companies went bust in past year than during financial crisis More companies in England and Wales went bust in the last year than at the height of the financial crisis, the latest insolvency figures show. There were 25,551 insolvencies in the 12 months from August 2023 to July 2024, new data from the Insolvency…