Insolvencies and restructuring could rise further over the start of 2025 as firms face more increased cost pressures, industry experts have warned. Restructuring bosses have cautioned that impending cost rises linked to the autumn Budget could particularly weigh on the retail, hospitality and care sectors. It comes after official figures pointed towards an uptick in…
Flying taxi startup Volocopter said today it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible,” Volocopter said in a statement, adding that the filing…
Volocopter files for insolvency, remains bullish on 2025 type certification Aerospace Global News Read the original article here
China Development Bank vs Doha Bank OPSC and others, 2024 LiveLaw (SC) 1029 Ram Kishor Arora, Suspended Director of Supertech Ltd. vs. Union Bank of India & Anr., Company Appeal (AT) (Insolvency) No. 406 of 2022 & Interlocutory Application No.6557 of 2024 Harpal Singh Chawla (Suspended Director of Spaze Towers Pvt. Ltd.) Versus Vivek Khanna…
Text size Flying taxi startup Volocopter said Monday it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible,” Volocopter said in a statement, adding that…
Date published: 30 December 2024 The Department for the Economy (the Department) has accepted a disqualification undertaking from the director of a company involved in take-away food shops and mobile food stands. The undertaking was received for six years from Michael Johnston (59) of Rathblane, Co. Antrim, in respect of his conduct as director of…
German Flying Taxi Startup Volocopter Files For Insolvency Barron’s Read the original article here
The German electric vehicle takeoff and landing (eVTOL) aircraft developer Volocopter has filed for insolvency while seeking new investors to rescue the future flight project. The CEO of Volocopter, Dirk Hoke, confirmed on December 30, 2024, that the company filed an application for the opening of insolvency proceedings at the Karlsruhe Local Court on December…
Listen to this article It can take just one win to kickstart a gambling habit. Will Hinman’s came as a college student in the early ’90s, when he and his girlfriend at the time caught a New York Giants game. A buddy had connected Hinman with a bookie, and raising the stakes was sure to…
South Korea’s Delio Declared Bankrupt Amid $1.75 Billion Customer Loss Binance Read the original article here