WASHINGTON (TNND) — As the holiday season wraps up, many Americans have a credit card hangover from holiday spending. According to a survey by LendingTree, 36% of Americans took on holiday debt this year, with an average amount of $1,181. “Inflation is still a big deal in this country, and it’s having a huge impact…
Elon Musk repeats his US may go bankrupt warning with ‘debt chart’; says “We either fix this or …” MSN Read the original article here
Vertical farm that received public funding goes into voluntary administration MSN Read the original article here
A vertical garden Photo: 123rf The parent company of an organisation that received $3.5 million in public funding is being put into voluntary administration. Greenleaf Fresh has appointed administrators, citing recent financial challenges. The company was behind Greengrower, a vertical farm in Hamilton that received millions in public funding last year for research. The grant…
An Australian building giant behind some of the nation’s biggest developments, including a 41-residential tower on Chevron Island on Queensland’s Gold Coast, has entered voluntary administration. Bensons Property Group Pty (BPG) announced yesterday that it had made the “difficult decision” to appoint Craig Shepard and Sebastian Ham of Korda Mentha as voluntary administrators. The company…
Greenleaf Fresh, which traded under the name Greengrower, has gone into voluntary administration. Vertical farming business Greenleaf Fresh, which traded under the name Greengrower, has gone into voluntary administration. Adele Hicks and David Ruscoe, of Grant Thorton, were appointed administrators by resolution of the company’s directors on December 31. A statement from Grant Thornton said…
One of Singapore’s most well-known oil magnates, former tycoon Lim Oon Kuin, the founder of Hin Leong Trading Pte., has fallen from grace drastically after being formally declared bankrupt. His children, Lim Huey Ching and Lim Chee Meng, who were directors of the now-defunct corporation, are also impacted by the December 19, 2024, bankruptcy order.…
Flying taxi start-up Volocopter has filed for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. Photo / Thibaud Moritz / AFP Flying taxi start-up Volocopter said on Monday it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. “Despite…
German air taxi company Volocopter announces insolvency MSN Read the original article here
Construction insolvencies are on the rise. ASIC data on external administration and controller appointments in this sector have risen between 2022 and 2024, both first-time appointments, and “all appointments” (including subsequent and transitional appointments, for example, where a company is placed into liquidation following administration or provisional liquidation). Chart 1: The first time…