Achilles Therapeutics (NASDAQ: ACHL) has announced its intention to voluntarily delist its American Depositary Shares (ADSs) from Nasdaq and deregister from the SEC. The company has scheduled a General Meeting for March 20, 2025 to obtain shareholder approval for commencing a members’ voluntary liquidation. The company plans to file Form 25 with…
Why is the landfill so controversial?published at 11:47 Greenwich Mean Time 11:47 GMT Image source, Reuters Walleys Quarry landfill is located close to a large number of houses in the village of Silverdale in Staffordshire. For a number of years, residents have complained about a foul stench emanating from the site, which eventually spawned the…
In the second article of our occasional series “Open Book”, a democratic platform we offer out-of-industry commentators, Grace Graham-Taylor looks at the contentious issue of gambling addiction. In the summer of 2021, Luke Ashton, a husband and father-of-two from Leicester, England, took his own life, writes Grace Graham-Taylor. Unbeknown to his family, in the preceding…
Creditors owed 3.3 billion dollars approve restructuring plan, production to recommence next month A large crowd gathered today at the regional court in Ried im Innkreis, Austria, for the creditors’ meeting concerning KTM AG’s financial future. The session, which began at 9 a.m., attracted nearly 100 attendees, including journalists and key KTM executives such as…
Lilium Aerospace GmbH has filed for insolvency at the Weilheim District Court. The court ordered provisional insolvency administration and appointed lawyer Dr. Robert Hänel from Anchor Rechtsanwälte as provisional insolvency administrator. The company was originally founded to continue the development of an electric flying taxi with investor money after the insolvencies of Lilium GmbH and…
China’s new Company Law introduces major reforms in capital systems, shareholder liability and corporate governance, significantly influencing implementation of the Bankruptcy Law. This article adopts a comparative law perspective to examine the theoretical frameworks and practical norms of bankruptcy laws in China and the US, with a focus on the new Company Law’s impact on…
Fans heartbroken after bankrupt fabric giant Joann closes all of its 800 stores The Mirror US Read the original article here
Two subsidiaries of a major Hong Kong construction firm have been sued by a subcontractor for compensation of more than HK$9.5 million (US$1.2 million) after the parent company proceeded with winding-up proceedings. Paul Y Construction Co and Paul Y General Contractors – two subsidiaries of Paul Y Engineering Group – were allegedly indebted to Mankey…
SDAI Limited Provides Update on Subsidiary’s Liquidation Status TipRanks Read the original article here
By Michel Haoses. The first meeting of the G20 Finance Ministers and Central Bank Governors took place in Cape Town, South Africa, from 26 to 27 February. At the meeting, the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva highlighted the need for global support and cooperation and affirmed the IMF’s role. Georgieva noted that…