Builder.ai files bankruptcy after losing funds – Tech in Asia
Builder.ai files bankruptcy after losing funds Tech in Asia Read the original article here
Fraudulent company sent covid loan money to Poland
A woman who pretended to run a business to secure a £50,000 Covid Bounce Back Loan has been sentenced for fraud following an investigation by the Insolvency Service. Rubaszko applied to a bank for a Covid Bounce Back Loan on 26th April 2021, which was approved on 28th April 2021 and paid into her bank…
India’s IBBI Overhauls Corporate Insolvency Guidelines
The Insolvency and Bankruptcy Board of India (IBBI) has amended its corporate insolvency resolution process and introduced fresh guidelines for appointing insolvency professionals, with a strong emphasis on transparency and fairness for stakeholders. In May 2025, the Insolvency and Bankruptcy Board of India (IBBI) implemented two significant policy reforms aimed at enhancing the effectiveness of…
SPT statement as Renfrewshire bus firm entered liquidation
Renfrewshire-based Johnstone and Area Community Transport revealed they had entered liquidation on Monday, June 9. The non-profit firm’s director, John McBarron, said it was with ‘great sadness’ that an agent had been appointed for the liquidation of the ‘small’ transport company. SPT statement as Renfrewshire bus firm entered liquidation (Image: Newsquest) We reported how the…
Viral fast food restaurant to shut its last branch in UK after going into liquidation with £400k debt
Did YOU work at Karen’s Diner? Email: [email protected] By POPPY ATKINSON GIBSON Published: 18:55 AEST, 10 June 2025 | Updated: 22:20 AEST, 10 June 2025 The last branch of a well-loved fast food chain will finally close its doors after it was revealed it owed £400,000 to creditors. Karen’s Diner went viral in 2022 for…
Scots bus operator axes all services with IMMEDIATE EFFECT after entering shock liquidation – The Scottish Sun
Scots bus operator axes all services with IMMEDIATE EFFECT after entering shock liquidation The Scottish Sun Read the original article here
SPT statement as Renfrewshire bus firm entered liquidation
Renfrewshire-based Johnstone and Area Community Transport revealed they had entered liquidation on Monday, June 9. The non-profit firm’s director, John McBarron, said it was with ‘great sadness’ that an agent had been appointed for the liquidation of the ‘small’ transport company. SPT statement as Renfrewshire bus firm entered liquidation (Image: Newsquest) We reported how the…
Bridging the Climate Finance Gap in Africa through Debt Swaps
Image Source: Getty Many African economies are at the convergence of two crises, soaring debt burden and climate vulnerability. Over the past decade, public debt levels have risen sharply across the continent, and climate shocks, such as devastating floods and prolonged droughts, have exacerbated the vulnerable situation African economies face. The continent is home to…
Can debt relief help with unpaid medical bills? What experts say
There are multiple debt relief (and DIY) options that can help you tackle your unpaid medical bills. Getty Images Despite recent efforts toward medical debt reform, many Americans still deal with piles of medical bills. A 2024 analysis from Peterson-KFF shows that about 20 million adults — nearly one in 12 — have unpaid medical…
German business insolvencies down in May, but more employees affected – MSN
German business insolvencies down in May, but more employees affected MSN Read the original article here