Insolvencies rose 12.1 per cent in 2024, led by business filings – MSN
Insolvencies rose 12.1 per cent in 2024, led by business filings MSN Read the original article here
Oceania Glass enters voluntary administration amid financial review
Oceania Glass, a leading Australian architectural glass manufacturer based in Dandenong, Victoria, has entered voluntary administration as of February 4. Grant Thornton Australia partners Lisa Gibb, Said Jahani and Matt Byrnes have been appointed as Joint and Several Voluntary Administrators to oversee the process. Specialising in float glass, coated glass and laminated glass, Oceania Glass…
Māori landowner wins rates battle, $110,000 debt wiped by council
In their submissions on White’s behalf, Marie and Russell argued NPDC’s pursuit of the rates arrears was wrong on multiple layers and failed to recognise the act. Two days before a substantive hearing of the arguments, the council withdrew its proceedings and has since reassessed White’s land in line with the act as non-rateable. AdvertisementAdvertise…
Katie Price lashes out at press after bankruptcy hearing adjourned | Ents & Arts News
Katie Price has had her bankruptcy court case adjourned until next month, in the latest hearing to resolve her ongoing financial troubles. The former glamour model was arrested at Heathrow Airport last month and appeared in court several days later where she was told by the judge that she must be present at all future…
Germany’s Landwärme declares insolvency | Latest Market News
German biomethane supplier Landwärme has today declared insolvency under the country’s self-administration procedure and has initiated restructuring measures “to overcome the consequences of the ongoing decline in prices of German greenhouse gas (GHG) emission reduction quota”. Self-administration proceedings are a proven legal framework in German restructuring law analogous to the US’ Chapter 11 bankruptcy proceedings.…
Bexley Beaumont reinforces restructuring and insolvency team with double hire – Insider Media
Bexley Beaumont reinforces restructuring and insolvency team with double hire Insider Media Read the original article here
Insolvencies in Canada rose 12.1% in 2024, led by business filings
Insolvencies rose 12.1 per cent last year compared with 2023, with business insolvencies leading the way, up 28.6 per cent. Construction, transportation and warehousing, and accommodation and food services were the sectors that saw the biggest increases in insolvencies in 2024, according to the Office of the Superintendent of Bankruptcy. Insolvencies include both bankruptcies and…
Macau Asia Satellite Television (MAST) declared bankrupt
Macau Asia Satellite Television (MAST) was declared bankrupt by the Court of First Instance last week, TDM reports. The troubled Chinese-language broadcaster’s creditors have until mid-September to file their repayment claims. Established in 2001, MAST has been engaged in labour disputes since around 2018 – both in Macao and in Taiwan. The station broadcasts in…
Sports Bettors Eye Income, But Some Take on Debt to Fund Habit – Casino.Org News
Sports Bettors Eye Income, But Some Take on Debt to Fund Habit Casino.Org News Read the original article here
Insolvencies rose 12.1 per cent in 2024, led by business filings – BNN Bloomberg
OTTAWA — Insolvencies rose 12.1 per cent last year compared with 2023, with business insolvencies leading the way, up 28.6 per cent. Construction, transportation and warehousing, and accommodation and food services were the sectors that saw the biggest increases in insolvencies in 2024, according to the Office of the Superintendent of Bankruptcy. Insolvencies include both…