Greenleaf Fresh Ltd, from Hamilton, New Zealand, has entered voluntary administration. Greenleaf Fresh is behind Greengrower, a vertical farm in Hamilton. This decision follows recent financial challenges impacting the company’s operations, shares tax and advisory firm Grant Thornton, whose employees Adele Hicks…
Volocopter, a Bruchsal startup focused in electric vertical take-off and landing (eVTOL) aircrafts, has filed for provisional insolvency after difficulty in finding further funding, marking a setback for the European eVTOL industry. Founded in 2011, Volocopter gained widespread recognition for its innovative air taxi solutions and was often seen as a frontrunner in the race…
TOPSHOT – US President Joe Biden meets with US President-elect Donald Trump in the Oval Office of … [+] the White House in Washington, DC, on November 13, 2024. Millions of borrowers are grappling with uncertainty about student loan forgiveness programs as 2025 kicks off. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP…
This eVTOL Startup Has Filed for Bankruptcy Volocopter GmbH Germany’s Volocopter has entered insolvency proceedings in its home country after a number of successful prototype demos in recent months. The startup’s craft uses a large number of individual propellers arranged around an overhead ring structure, as in a hobby drone, while featuring a small helicopter-style…
The founder of a manufacturer of adult and electric scooters has spoken of his pain after the business went into liquidation. Jason Iftakhar founded Swifty Scooters in 2010 with his wife Camilla to design and manufacture adult scooters and transformed it into a global brand. The husband-and-wife team both graduated from The Royal College of…
Applications are now being accepted for the Results Broadcasting Education Debt Assistance Grant to help broadcasters pay off their student loans. This $3,000 grant is available to individuals currently employed in Wisconsin broadcasting or related media. Applicants must meet the following criteria: Must be currently employed at a Wisconsin broadcast radio, television or related media…
Date published: 30 December 2024 The High Court has made a Disqualification Order against the director of a company involved in repair and maintenance of aircraft and spacecraft. The High Court has made a disqualification Order against the director of a company involved in repair and maintenance of aircraft and spacecraft. The Order was made…
Although the industry is known for firms going under, the wider picture shows the problem is less severe, writes Barrett Harris. When examining the insolvency rate, which measures insolvencies relative to the total number of companies, construction ranks third with an insolvency rate of 1.3%, behind accommodation (2.6%) and manufacturing (1.7%). This suggests that, proportionally,…
Report summary Today, 54 countries are in debt crisis, with devastating impacts on people’s lives and livelihoods. This paper identifies the structural causes of reoccurring debt crises and highlights their impacts on the world’s poorest communities. It outlines why, following the historic success of the Jubilee 2000 debt campaign, the world once again faces an…