Affimed N.V. MANNHEIM, Germany, May 13, 2025 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today announced its decision to file an application for opening of insolvency proceedings with the local court of Mannheim in Germany. As previously reported, Affimed N.V.…
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The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Barun Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that Interim Resolution Professional (IRP) is well within his authority under Section 18(1)(f) of the Insolvency and Bankruptcy Code, 2016 (Code) to take possession of assets…
Retailer Peter Stevens Motorcycles has entered voluntary administration. The business had dealerships across Australia including Victoria and sold new and used motorcycles, parts and accessories. Up to 400 jobs are now at risk, with Herald Sun reporter and motorcycle enthusiast Ian Royall telling Tony Jones on 3AW Drive “it’s a bit of a shock for…
New York’s business community is celebrating a major budget win with the state’s decision to wipe out $8 billion in unemployment insurance debt, according to Spectrum News. The move is expected to ease a significant burden on employers still recovering from pandemic-era costs. Ken Pokalsky of the Business Council of New York State said the…
MONTPELIER — A new law will wipe away medical debt for Vermonters and clear it from credit scores. Treasurer Mike Pieciak plans to share updates regular updates on the purchase and forgiveness of medical debt from local providers. On Thursday, Gov. Phil Scott signed the bill into law but shared his concerns with lawmakers. “First, we…
Breaking: Peter Stevens Motorcycles to enter voluntary administration infomoto.com.au Read the original article here
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Christchurch modular housing company Shape Construction has gone under, owing more than $1 million to creditors and leaving homes unfinished. The company went into liquidation on May 2 with Brenton Hunt of Insolvency Matters appointed as the liquidator by the company director. Shape Construction, which began operating in 2012, ceased trading in April. In the…