9.04.2025 11:17 (Akt. 9.04.2025 11:17) Österreich ist erneut auf einem Firmenpleiten-Rekordjahr-Kurs. ©Canva (Sujet) Austria is facing its third consecutive year of record insolvencies in 2025. In the first quarter, 1,134 corporate insolvencies were recorded, representing an increase of 3.94 percent compared to the same period in the record… Read the original article here
NCLAT: Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: Taxscan Read the original article here
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, consisting of Justice Ashok Bhushan (Chairperson), Barun Mitra (Member – Technical), and Arun Baroka (Member – Technical), dismissed an appeal arising from an order by the NCLT Mumbai. The tribunal held that the hire charges for the assets not used by the corporate debtor…
사진 확대 [Photo = Yonhap News] There is a warning sign for corporate insolvency in the Korean economy. The number of marginal companies pushed to the brink of restructuring has increased compared to the global financial crisis and the COVID-19 pandemic. According to the data released by KB Kookmin, Shinhan, Hana, and Woori to the…
Joann is urging customers to steer clear of fraudulent websites posing as the crafting chain’s official outlet as it continues its nationwide liquidation. The company, which filed for Chapter 11 bankruptcy and began closing its 800 stores in March, disabled all online purchases on March 5. Despite this, Joann has received multiple reports of fake…
Gambling indebtedness raised amid Finnish law reform debates sbcnews.co.uk Read the original article here
Former prime minister Nawaz Sharif’s son Hasan Nawaz Sharif. — AFP/File Hasan declared bankrupt in tax and liability case. Official UK Gazette publishes details of bankruptcy. His legal team looking at case, says source close to him. LONDON: Hasan Nawaz Sharif, who is the son of former prime minister Nawaz Sharif, has been declared bankrupt by the…
Insolvency-related activity up by 23 per cent across Portsmouth and region portsmouth.co.uk Read the original article here
Bytes: Week in Review — Trump officials’ Signal leak, 23andMe goes bankrupt and chatbots take on search engines marketplace.org Read the original article here
Popular DNA testing firm 23andMe has filed for bankruptcy protection, and announced that its co-founder and CEO, Anne Wojcicki, has resigned with immediate effect. The company will now attempt to sell itself under the supervision of a court. 23andMe said in a press release that it plans to continue operating throughout the sale process and…