The health insurance company KluG has no longer funds to pay for all services. (Symbolic image: unsplash) The Federal Office of Public Health BAG revokes the license of the health insurer KluG. Shady practices and negligence on the part of the regulator come to light. The Zug-based health insurance company KluG is bankrupt. However, it…
China Evergrande liquidators say US$255 million of assets have been sold NST Online Read the original article here
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently dismissed an applicant’s challenge to the revival of its Corporate Insolvency Resolution Process (CIRP), noting that the Adjudicating Authority had rightly restored the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) after the corporate debtor failed…
Finance Minister introduces bill to amend the Insolvency and Bankruptcy Code in Lok Sabha. Bill referred to select committee. New Delhi, Aug 12 (PTI) Finance Minister Nirmala Sitharaman on Tuesday introduced a bill in the Lok Sabha to amend the insolvency law. After the introduction, the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 was referred…
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An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: d8c84bd519cc8dbc4e0658c5298d4094, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-12T11:47:26.538832734+00:00 Read the original article here
The Government has appointed insolvency specialists to step up planning for Thames Water in case the troubled water company collapses. FTI Consulting has been brought in as an administrator in the event Thames fails to secure funding from lenders. Contingency plans could see Britain’s biggest water firm placed into a special administration regime (SAR), meaning…
FTI Consulting has been brought in as an administrator in the event Thames fails to secure funding from lenders. Contingency plans could see Britain’s biggest water firm placed into a special administration regime (SAR), meaning it would be put into an insolvency process. Environment Secretary Steve Reed signed off the appointment, which would still need…
Meet the Debt Wizard Who Built a $27 Million Business Making the Government More Efficient Inc.com Read the original article here
Insolvency experts hired to plan for Thames Water administration Utility Week Read the original article here