A buy now, pay later (or BNPL) loan is a form of short-term financing that allows consumers to pay their bill incrementally over several weeks or even months, rather than all at once. Unlike credit cards, BNPL plans typically don’t charge interest. And providers don’t run a hard credit check, so the loans are particularly…
Bridlington postmaster made bankrupt suing Post Office and Fujitsu for £4 million The Scarborough News Read the original article here
KUALA LUMPUR (Aug 8): Bina Puri Holdings Bhd (KL:BPURI), which faces multiple winding-up petitions, said it has sought the Corporate Debt Restructuring Committee’s assistance (CDRC) to mediate between the company and its lenders. The move is part of the company’s effort to “restore itself to a solid financial position and effectively address its liabilities to…
The National Company Law Tribunal (NCLT) Chennai bench of Justice Sanjiv Jain (Judicial Member) and Venkataraman Subramaniam (Technical Member) has held that claims arising from different work orders cannot be clubbed to cross the threshold limit for filing an insolvency petition under section 9 of the IBC. Furthermore, claims of multiple Operational Creditors cannot be…
Insolvency-related activity increases in Sussex and the South East SussexWorld Read the original article here
August 8, 2025 11:27 Share to: The Basic Prosecution Office in Prizren has filed an indictment against F.Sh. for usury and… Read the original article here
TMA submissions on corporate insolvency in Australia Herbert Smith Freehills Kramer Read the original article here
Stay informed about the latest cases on Company Law with this comprehensive overview as we delve into the latest cases reported in the Company Cases (Comp Cas), focusing on critical issues such as resolution plan, moratorium, winding up and liquidation, deposit Insurance and credit guarantee. (2025) 555 Comp Cas Corporate Laws — Company Law —…
The scion of one of Australia’s largest real estate groups has faced allegations his private credit lending firm induced a property developer into a loan, which made a development insolvent as soon as it was signed. Dan White, founder and executive chair of Ray White Capital, took the stand in the Federal Court on Friday…
The state-owned National Oil Corporation of Kenya entered its March “rescue” deal with French energy firm RUBiS Energy already in a condition that the Auditor General regarded as terminal. By the end of the 2023/24 financial year, National Oil was in technical insolvency, as liabilities were KSh 11.6 billion higher than its assets. The company’s…