Peter Stevens Motorcycles, one of the biggest motorcycle retailers in Australia, has become the latest victim of sluggish consumer demand, calling in the administrators to leave hundreds of jobs in limbo. The group, which has been operating for more than five decades, represents eight of the top 12 selling motorcycle brands in Australia, including Harley-Davidson,…
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Though I’ve touched on the age of discernment and the importance of taste in the times we live in, the rise of a new series of brands, apps, and business models that rely on small scale transactions and loans to stay afloat has given me reason to reexamine the issue, specifically, digital consumerism. Though most…
Simon Madjie, CEO of Ghana Investment Promotion Centre Weak corporate governance remains a key cause of business failure in Ghana, Mr Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said. Speaking at a lecture organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), he attributed the issue to…
On March 24, 2025, Chancellor Kathaleen McCormick of the Delaware Court of Chancery issued a post-trial opinion in Desktop Metal, Inc. v. Nano Dimension Ltd.,1 ordering the parties to comply with a merger agreement and close a transaction to consummate Nano’s acquisition of Desktop Metal. The decision offers a helpful case study of a deal…
New Delhi, May 29 (PTI) The Insolvency and Bankruptcy Code has reshaped India’s credit culture by instilling financial discipline among borrowers and strengthening corporate governance practices, according to a research study conducted by the Indian Institute of Management, Bangalore. The study is based on the comprehensive draws on a wide dataset covering corporate insolvency resolution proceedings…
By Christiana Afua Nyarko Accra, May 29, GNA – Weak corporate governance remains a key cause of business failure in Ghana, Mr Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said. Speaking at a lecture organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), he attributed the issue…
The Supreme Court on Thursday agreed to hear a petition filed by the promoters of tech company Byju’s, seeking to uphold a pre-Corporate Insolvency Resolution Process (pre-CoC) settlement in the company’s insolvency proceedings. The promoters’ lawyers challenged the decision by the Chennai-bench of National Company Law Appellate Tribunal (NCLAT) that denied withdrawal of insolvency proceedings…
On February 6, 2023, Coromandel Properties filed for creditor protection under the federal Companies’ Creditors Arrangement Act (CCAA) while carrying over $700 million of debt across 16 active real estate projects. Although Metro Vancouver (and beyond) has seen numerous others since then, the insolvency of Coromandel Properties was one of the earliest of the recent…
Last Updated:May 29, 2025, 22:30 IST Representational image (Image: News18) New Delhi, May 29 (PTI) The Insolvency and Bankruptcy Code has reshaped India’s credit culture by instilling financial discipline among borrowers and strengthening corporate governance practices, according to a research study conducted by the Indian Institute of Management, Bangalore. The study is based on the…