Marysville School District declared ‘financially insolvent’ by the state – MSN
Marysville School District declared ‘financially insolvent’ by the state MSN Read the original article here
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
NDIC begins payment of N46bn liquidation dividends to Heritage Bank Customers
The Nigeria Deposit Insurance Corporation (NDIC) says it has commenced the payment of N46.6 billion as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank, targeting those with account balances above the insured limit of N5 million. In a statement issued on Sunday, the NDIC said the payment began on Friday,…
Hudson’s Bay Extends Liquidation to Entire Fleet
After triggering liquidations at 86 locations across Canada, the Hudson’s Bay Co. has decided to liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. The company had been seeking a buyer for the six stores, but on Friday said it believed that a viable bid for the current six-store model is…
CFR Marfă enters insolvency proceedings
Romanian state-owned rail freight operator CFR Marfă is entering insolvency proceedings. The company is severely indebted, with its fate being near-certain: liquidation. Insolvency proceedings are likely a way to postpone the inevitable. The transport ministry approved CFR Marfă’s request for insolvency after it obtained approval from the operator’s shareholders. With the company’s entry into insolvency…
Belgian Gerry Weber branch bankrupt as well
© r.classen / Shutterstock.com A month after its German parent company went bankrupt, the Belgian Gerry Weber is closing its 24 stores as well. This did not come as a surprise: just like its German counterpart, the Dutch branch had already been declared bankrupt as well. Long-term problems After several of its German companies went bankrupt…
Malaga court grants debt relief of nearly 80,000 euros to freelancer who was dragged down by client’s bankruptcy
Monday, 28 April 2025, 11:31 A court in Malaga has granted the definitive discharge of unsatisfied debts to a self-employed entrepreneur who was dragged into insolvency following the non-payment and subsequent bankruptcy of his main client. The court decision means the legal forgiveness of a debt of more than 79,000 euros, including bank, tax and…
Paul Bhattacharjee declared bankrupt week before ‘suicide’
London, July 20: James Bond actor Paul Bhattacharjee was declared bankrupt on July 9, in the days leading up to his suspected suicide. A bankruptcy order, which was made under his full name – Gautam Paul Bhattacharjee, described him as an ‘actor’ on the Insolvency Register, the Mirror reported. The petitioner is named as Hm…
Northern Irish business insolvencies increase whilst personal insolvencies fall
Latest monthly statistics from the Insolvency Service show that in March 2025, personal insolvencies declined while business insolvencies increased in Northern Ireland. The data showed that there were 134 personal insolvencies in, which was 9% higher than in March 2024. The insolvencies consisted of/ 102 IVAs, 18 bankruptcies and 14 DROs. Business insolvency data shows that…
Monthly Insolvency Statistics: March 2025
March 2025 had 1,992 registered company insolvencies in England and Wales, which was 9% more than the same month the year before (1,826 in March 2024) but 2% fewer than February 2025 (2,032). Though they have remained high in comparison to historical levels, company insolvencies over the last 12 months have been marginally lower…