Going bankrupt is most people’s worst nightmare, but one Aussie has explained why she didn’t panic, which ultimately led to her making millions. Candy Kemp, 42, went bankrupt at 25. At the time, she was a single mum with three kids, and she found herself left with nothing after a business venture fell apart. Ms…
Trump Tariff Impact Already Starting: Two Auto Parts Companies Go Bankrupt in March BusinessKorea Read the original article here
Hudson’s Bay, Canada’s oldest company, started its liquidation this week. “The Bay building is almost 100 years old, it’s Class A heritage, and I think it’s an incredibly important building to the downtown,” said Vancouver Coun. Mike Klassen. While the Bay initially filed for creditor protection with the intention of restructuring, the majority of its stores…
Hundreds more jobs at risk as another car component factory is declared insolvent Portugal Resident Read the original article here
Cannabis firm insolvent after failing to pay staffer for two years of work The Post Read the original article here
23andMe, which provides medical and ancestry-related genetic testing, has filed for bankruptcy after it was unable to find a buyer to rescue it from insolvency proceedings and the board of directors rejected a buyout offer from co-founder Anne Wojcicki. Despite collecting DNA from saliva samples from more than 15 million customers, the company hasn’t been…
The staggering cost of England’s special educational needs and disability (Send) crisis shows no sign of easing. A Guardian investigation has revealed councils will overspend on Send services by nearly £2bn over the next year, pushing their accumulated deficits to at least £5.2bn by 31 March 2026. The date is crucial because that is when…
What happens when your builder goes bust Money magazine Read the original article here
Joshua Seemungal Senior Multimedia Investigative Journalist joshua.seemun[email protected] Nigerian energy company Oando PLC, the Government’s preferred bidder for the lease of the Pointe-a-Pierre refinery, has been struggling financially. According to Oando’s unaudited statements and separate financial statements ending December 31, 2024, the company is in accounting insolvency. The financial statements, viewed by Guardian Media’s Investigative Desk,…