Nearly 20% of Russian property developers are at risk of bankruptcy due to plunging sales driven by high mortgage interest rates, Deputy Prime Minister Marat Khusnullin said. Khusnullin, who oversees housing and infrastructure in the government, warned that this figure could rise above 30% if financial conditions do not improve in the next six months.…
More than half a thousand bankruptcy cases were opened in Ukraine in the first six months of 2025 Sofiia Afonina News editor at LIGA.net August 11, 12:20 … Read the original article here
Headset manufacturer, AceZone, have entered liquidation following bankruptcy proceedings. However, a successor company has already been founded, having purchased the intellectual property to their products. AceZone have become well-known in esports, especially amongst Counter-Strike players, as active noise cancelled (ANC) headsets can often be seen being worn by players and tournament staff. ANC became a…
Asian Firms Divided on Insolvency Outlook Amid Ongoing Trade Challenges Macau Business Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
A foreign company that produced oil in Russia announced its voluntary liquidation. Ореанда-Новости Read the original article here
[HONG KONG] Developer China South City Holdings was ordered to liquidate by Hong Kong’s High Court, making it the biggest Chinese builder by assets to be wound up since China Evergrande Group. The ruling from judge Linda Chan came after the liquidation petitioner asked for an immediate wind-up order. China South City asked the court…
Builder China South City Ordered to Liquidate by Hong Kong Court Bloomberg.com Read the original article here
Auckland restaurant Dragon Boat goes into liquidation after 31 years Stuff Read the original article here
Seven years ago, Australia’s Hayne Royal Commission exposed eye-watering misconduct in the design and distribution of many financial products. The government’s response was to require banks and insurance firms to provide consumers with more information about what they are offering, known as product disclosure statements. The Australian Securities and Investments Commission (ASIC) outlines principles for…