Konvoy NZ in liquidation with $8.37m debt; sale talks continue – BusinessDesk | NZ
Konvoy NZ in liquidation with $8.37m debt; sale talks continue BusinessDesk | NZ Read the original article here
Solar Mosaic Plans Bankruptcy Filing as Clean-Energy Woes Mount – Bloomberg.com
Solar Mosaic Plans Bankruptcy Filing as Clean-Energy Woes Mount Bloomberg.com Read the original article here
Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" – Sustainable Bus
Ebusco is still on the brink of insolvency due to “overdue payables exceeding its available liquidity” Sustainable Bus Read the original article here
$200k Income, $8k Debt: Ramsey's Advice? "Cut Up Your Cards and Get Serious." – 24/7 Wall St.
$200k Income, $8k Debt: Ramsey’s Advice? “Cut Up Your Cards and Get Serious.” 24/7 Wall St. Read the original article here
Brazilian Airline Azul Criticized Bankruptcy But Failed to Avoid It
(Bloomberg) — Even as the Brazilian airline Azul SA struggled with exchange rate pressures and the lingering effects of the pandemic, top executives insisted they would do whatever they could to avoid filing for bankruptcy. “The ones who benefit from a Chapter 11 process are not the partners — it’s the lawyers, the advisers,” the…
All staff redundant as Scottish coach and tour company in liquidation – The Herald
All staff redundant as Scottish coach and tour company in liquidation The Herald Read the original article here
Debt for climate swaps: a primer for FiCS members – Climate Policy Initiative
Debt for climate swaps: a primer for FiCS members Climate Policy Initiative Read the original article here
This Bankrupt AI Startup Was More Artificial Than Intelligent
It turns out Builder.ai was more artificial than intelligent. The $1.5 billion artificial intelligence (AI) company backed by Microsoft Corp. recently shuttered operations after its neural network was exposed to actually be 700 engineers in India. Builder.ai, which has begun formal bankruptcy proceedings in jurisdictions where it operated, including India, the U.K., and the U.S.,…