Dutch chemical recycler Fuenix Ecogy declares bankruptcy, becoming the seventh in 2024 amid industry-wide financial struggles and uncertain recycling economics. Fuenix Ecogy, a chemical recycling company based in Weert, the Netherlands, has officially declared bankruptcy, joining a growing list of Dutch plastic recyclers facing financial collapse. The bankruptcy was declared by the court of…
The Supreme Court on Monday dismissed an appeal by the Board of Control for Cricket in India, an operational creditor, seeking withdrawal of the corporate insolvency resolution process (CIRP) of Think & Learn, the parent company of online education services company Byju’s. The apex court also dismissed another appeal of Byju’s co-founder Riju Raveendran, who…
KUALA LUMPUR, July 3 – Fashion designer Datuk Jovian Mandagie has reportedly been declared bankrupt by the High Court here for failing to repay a RM5 million loan to a construction company. The Star reported that the court granted the bankruptcy order after Cekap Air Sdn Bhd filed a creditor’s petition over Jovian’s failure to…
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