Specialist in wireless LED control goes bankrupt

Cosmicnode, a Dutch specialist in wireless control solutions for LED lighting and other applications, has gone bankrupt. The company, based at the High Tech Campus in Eindhoven, the Netherlands, had been operating under the radar for years. Just this spring, when it began to present itself more visibly to the market, it filed for…

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Attention, Our system has indicated that your user behaviour is potentially automated. News Group Newspapers Limited does not permit the access, collection, text or data mining of any content from our Service by any automated means whether directly or through an intermediary service. This is stated in our terms and conditions. If you would like…

Arbitration Agreements and Insolvency Proceedings: Comparing the Pro-Arbitration Perspectives in Singapore, the United Kingdom, and India, and Calling for International Consensus

In the ever-evolving landscape of international commercial disputes, the co-existence of arbitration and insolvency-related proceedings has become a focal point. This comparative piece delves into the legal position in three key jurisdictions – Singapore, the United Kingdom, and India – and focuses on the pro-arbitration approach of deferring to the arbitral tribunal and staying (or…

North East response to insolvency numbers rising

The rise comes amid ongoing economic uncertainty that continues to affect businesses and households across England and Wales. Corporate insolvencies climbed by 1.4 per cent to 2,081 cases in July, up from 2,053 in June and broadly in line with last July’s figure of 2,078, according to new data from the Insolvency Service. Kelly Jordan,…

Resource Development Group Enters Voluntary Administration

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The latest announcement is out from Resource Development Group Limited ( (AU:RDG) ). Resource Development Group Limited, along with six of its subsidiaries, has entered voluntary administration,…

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