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Motorbike Maker KTM’s Creditors Take 70% Hit in Restructuring MSN Read the original article here
(Bloomberg) — GPS Hospitality LLC, which operates networks of fast-food chains Burger King and Popeyes Louisiana Kitchen, is huddling with advisers about how to manage a shrinking cash pile amid revenue headwinds, according to people with knowledge of the discussions. The Atlanta-based franchisee tapped law firm Paul Hastings and investment bank Houlihan Lokey Inc. for…
Lilium, the German eVTOL (electric vertical takeoff and landing) aircraft manufacturer, has shut down operations after failing to secure critical funding. This marks the company’s second insolvency filing in a matter of months, bringing an end to what was once seen as a revolutionary force in the urban air mobility sector. Lilium’s collapse follows years…
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Lilium, the German eVTOL (electric vertical takeoff and landing) aircraft manufacturer, has shut down operations after failing to secure critical funding. This marks the company’s second insolvency filing in a matter of months, bringing an end to what was once seen as a revolutionary force in the urban air mobility sector. Lilium’s collapse follows years…
The sector faces mounting financial risks that could jeopardise operations and, ultimately, impact patient safety. Setting the scene – rising demand and sector pressures According to the Office for National Statistics (ONS), the UK population is expected to reach 70 million by mid-2026, with the number of people aged 85 and over projected to rise…
Aspial Lifestyle Limited Announces Liquidation and Striking Off of Dormant Subsidiaries TipRanks Read the original article here
DebtBook, a software provider for government and nonprofit treasury teams, has a new debt management tool. The company’s Sizing feature, announced Tuesday (Feb. 25), lets treasury departments structure, compare and analyze their financing options in-house. “Traditionally, government and nonprofit treasury teams have had limited access to the tools necessary to model new debt issuances in-house,” DebtBook said…
German eVTOL developer Lilium Aerospace has filed for insolvency for the second time after a planned investor rescue failed to materialize. The company, which initially filed for insolvency in October 2024, had hoped to secure a €200 million (US$210 million) investment from a group of European and North American investors under the Mobile Uplift Corporation…