Today, ActionSA moved an amendment to the Municipality’s full and final settlement debt relief programme, which seeks to assist households and businesses struggling with historical municipal debt. The programme, approved by Council, will be effective from today until 30 June 2025. In our proposed amendment, we called for the extension of the programme’s deadline to…
Affimed shares to be delisted from Nasdaq after insolvency filing Investing.com Australia Read the original article here
End of the road for KleuterZone as court orders final liquidation News24 Read the original article here
Bond providers are the latest casualty of the collapse of Andrew Roberts’ building empire, with the billionaire putting another company into administration as developer clients ESR and Investa call in guarantees worth tens of millions of dollars on their stalled projects. Roberts Co Australia, which the businessman put into administration last week, faces claims by…
Energy bills push UK households to the brink as one in four fear debt help may be needed Banbury Guardian Read the original article here
Introduction On 11 March 2025, the Committee to Enhance Singapore’s Corporate Restructuring and Insolvency Regime (the Committee) released its long-awaited report (the Report) on additional reforms to Singapore’s corporate restructuring and insolvency (R&I) landscape. The Report surveys Singapore’s R&I legislative framework, which came into effect in 2018, identifies challenges to its operation and proposes a…
Highlights The National Company Law Appellate Tribunal has dismissed an insolvency petition against PepsiCo India Holdings, stating that the Insolvency and Bankruptcy Code cannot be used as a debt-recovery mechanism. The appellate tribunal upheld the earlier decision by the Chandigarh bench of the National Company Law Tribunal, which rejected SNJ Synthetics’s plea for initiating Corporate…
Bankrupt Federal Contractor Seeks Fast Sale to Avoid DOGE Threat Bloomberg Read the original article here
ICAI has suggested implementation of specialized measures to the challenges posed by defunct companies in the corporate insolvency resolution process (CIRP) and streamline the insolvency resolution process. The Insolvency and Valuation Standards Board (I&VSB) of the Institute of Chartered Accountants of India (ICAI) has released a study report on the efficacy of the Insolvency and…
Hudson’s Bay Company to auction historic artifacts amid liquidation CityNews Calgary Read the original article here