Chinese EV Maker Neta’s Parent Company Enters Bankruptcy

  Further details from the national enterprise bankruptcy disclosure platform, dated 13th June, revealed that Shanghai Yuxing Advertising Co. had filed a petition for Hozon to enter bankruptcy, citing unpaid exhibition printing fees. The court has accepted the case and appointed an administrator to oversee the restructuring.   Conflicting reports have emerged from Thailand. Neta’s…

Star Entertainment Group receives debt bailout package

Gaming company Star Entertainment Group has secured a $200 million lifeline from lenders to help it through financial challenges. In a note posted to the Australian Stock Exchange (ASX) last night, the group said it’s been provided two lots of $100 million. The first tranche is expected to be available, subject to conditions, from the…

Former Premier League football star ‘is declared bankrupt’ – but says at £2million mansion he had ‘no idea’ about legal ruling

By NOOR QURASHI Published: 10:48 AEST, 21 June 2025 | Updated: 10:52 AEST, 21 June 2025 A former Premier League footballer who has been declared bankrupt is insisting he had ‘no idea’ all his valuable assets could now be seized. Lee Clark, 52, an ex-midfielder for Newcastle United, Sunderland and Fulham, said yesterday from his…