Shareholders of Private Market Startup Vow to Fight Bankruptcy – Bloomberg
Shareholders of Private Market Startup Vow to Fight Bankruptcy Bloomberg Read the original article here
France Solar enters liquidation – pv magazine International
France Solar enters liquidation pv magazine International Read the original article here
Shareholders of Private Market Startup Vow to Fight Bankruptcy
Shareholders of collapsed fintech startup Linqto vowed to fight an effort by its new management to reorganize the troubled company in bankruptcy. Managers who took over in recent months put Linqto under court protection in Houston this week, claiming former executives mismanaged the firm’s business for years by misleading customers into believing they owned shares…
SBR appointments have surged as program awareness spreads, ASIC says
A new report by ASIC has revealed that small business restructuring (SBR) appointments have surged in recent years, rising from 448 appointments in 2022–23 to an estimated 3,000 in 2024–25. “After a slow start, the recent growth of SBRs and other data in our report shows that the SBR regime is starting to deliver on…
Attabotics insolvency came amid falling revenues, creditor uncertainty – Calgary Herald
Attabotics insolvency came amid falling revenues, creditor uncertainty Calgary Herald Read the original article here
Leading Australian Post House Cutting Edge goes into liquidation
One of Australia’s leading post-production houses, Cutting Edge, which has worked on films such as Pirates of the Caribbean and Aquaman, has closed down and gone into liquidation, with staff allegedly owed over $2.4 million Australian dollars. Large companies like this closing down is very concerning, given the current state of the industry. On social…
Dispute over unpaid tax bill sees House of Bruar hit with liquidation threat – The Courier
Dispute over unpaid tax bill sees House of Bruar hit with liquidation threat The Courier Read the original article here
Althea Group Holdings Sells Unit's Assets, Initiates Voluntary Administration; Shares Up 4% – MarketScreener
Althea Group Holdings Sells Unit’s Assets, Initiates Voluntary Administration; Shares Up 4% MarketScreener Read the original article here
Student debt assistance for nurses coming from startup Clasp
The company arranges loans for students studying to become nurses, physical therapists, optometrists, and other medical roles. Clasp matches each student borrower with an employer who agrees to hire the student after graduation. The employer also agrees to pay back a portion of the student’s loans in return for a commitment of two to three…
GAC-Fiat Chrysler’s China JV Is Declared Bankrupt
(Yicai) July 9 — A court in China has declared the car production joint venture of GAC Group and Stellantis bankrupt, nearly three years after it entered bankruptcy restructuring following a slump in sales. The Changsha Intermediate People’s Court declared GAC Fiat Chrysler Automobiles bankrupt yesterday due to insufficient assets to cover its debts and the…