U.K. trade darling Stenn went from $900 million to insolvency in days – Fortune
U.K. trade darling Stenn went from $900 million to insolvency in days Fortune Read the original article here
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Access Denied You don’t have permission to access “http://www.business-standard.com/india-news/ministry-corporate-affairs-nclt-new-members-appointments-shortages-125010900693_1.html” on this server. Reference #18.15b42e17.1736416664.1928fd9f https://errors.edgesuite.net/18.15b42e17.1736416664.1928fd9f Read the original article here
Successful Auction Purchaser Cannot Be Compelled To Pay Pre-CIRP Electricity Dues Before Restoring… – Live Law – Indian Legal News
Successful Auction Purchaser Cannot Be Compelled To Pay Pre-CIRP Electricity Dues Before Restoring… Live Law – Indian Legal News Read the original article here
UK Trade Darling Stenn Went from $900 Million to Insolvency in Days
(Bloomberg) — Greg Karpovsky, the founder of Stenn Technologies who was once feted by some of the biggest players on Wall Street, had suddenly gone quiet. Karpovsky, 45, said little on a Dec. 4 call with his 250-odd staff as they learned that his trade-finance business — valued at almost $1 billion just two years…
Judicial liquidation of a company kicks off a series of measures aimed at protecting creditors
A judicial liquidation is aimed at protecting creditors and is done by a collective procedure. This was held in a judgment given by Mr Justice Ian Spiteri Bailey in Dr Michael Psaila noe vs X before the Civil Court in its commercial jurisdiction. Dr Psaila was representing a BVI company, Mediterranean Overseas Holding Limited and…
Adgemis deal, but payment looms – The Australian
Adgemis deal, but payment looms The Australian Read the original article here
Can BBC Dragon Sara Davies MBE save Crafter’s Companion?
RetailDeals BBC Dragon Sara Davies MBE is set to step in and rescue Crafter’s Companion after its directors called in administrators – but can she turn the business around? Davies, who returns for series 22 of Dragons’ Den this Thursday, hopes to save 100 jobs at the Durham firm she founded as student two decades…
New law eases corporate bankruptcy for thousands of struggling companies under $2M – The Independent
New law eases corporate bankruptcy for thousands of struggling companies under $2M The Independent Read the original article here
Flint City Council unanimously passes proposal to help clear medical debt
FLINT, Mich. (WNEM) – The Flint City Council, in a rare display of unity, approved a proposal aimed at wiping out millions in medical debt for thousands. The council voted on the proposal at a meeting on Wednesday, Jan. 8. According to Undue Medical Debt, the group behind the measure, $50,000 in American Rescue Plan…
Company goes bust with millions in debt – The Australian
Company goes bust with millions in debt The Australian Read the original article here