Diamond Comic Distributors is in danger of administrative insolvency, and its records are in disarray, according to statements in an August 5 court hearing in the company’s Chapter 11 bankruptcy case, for which a transcript was filed on August 15. Administrative insolvency refers to an inability of the bankrupt company to pay its professional fees…
In a significant move that highlights the ongoing challenges in India’s infrastructure sector, the National Company Law Tribunal (NCLT) in Mumbai has admitted an insolvency plea against SU Toll Road Private Limited, a company linked to Reliance Infrastructure. The order, pronounced on August 18, 2025, marks the start of a Corporate Insolvency Resolution Process (CIRP)…
Together with Table of Contents If you take just one thing from this email… Restructuring plans are now a lifeline for struggling companies. A restructuring plan is a legal deal with creditors that lets a company cut debts or get more time to pay, instead of collapsing into insolvency. The High Court approved River Island’s…
Reverend Tim Costello, Chief Advocate for the Alliance for Gambling Reform, joined Table Talk with Doug to reveal the staggering scale of gambling harm in Australia. From pokies to sports betting, Australians are losing billions, and the consequences are devastating. The Scale of Gambling Losses Australia loses $32 billion each year to gambling, the highest…
Possible restart for bankrupt potato processor CêlaVíta? Potato News Today Read the original article here
7Anna, Parent Company of NS Bikes, Rondo & Creme, Files for Bankruptcy Pinkbike Read the original article here
Electric school buses hit pothole after major supplier goes bankrupt E&E News by POLITICO Read the original article here
Within the industry, firms classified as providing specialised construction activities are consistently the most affected across Great Britain. However, analysis shows that their numbers are proportional to their overall share within the construction sector. This category includes companies providing a range of work, typically on a subcontract basis, from demolition and site preparation to electrical…
Wellington’s hospo has never had it so bad, closed bar owner says ThePost.co.nz Read the original article here
The second day of the hearing in the Diamond Bankruptcy case went the distance, with many many motions and counter-motions deliberated on. The case adjourned with at 4, however, with Judge David E. Rice expected to deliver a decision on Diamond’s plan to liquidate their consignment stock at 2 pm tomorrow. There have been many…