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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 7.9% to 2,238 in May 2025. when compared to April 2025 (2,074) and 15% higher than the same month in the previous year (1,946 in May 2024). The insolvencies consisted of 354 compulsory liquidations,…
According to the latest statistics from ASIC, the construction industry has faced sustained and accelerating financial distress over the past four years. Since the financial year 2021–22, the number of insolvency appointments has almost tripled, with nearly 4,900 cases in FY24–25 alone. And, the 744 cases already recorded for FY25–26 indicate the construction industry continues…
Another business linked to Christchurch property developer Andrew Bendemski has folded, leaving a string of connected companies owing at least $35 million to creditors. Among failed projects was a Wanaka development with consent to build about 60 townhouses near the lake waterfront, which went to mortgagee sale last year. This was owned by Stoney Creek…
GVK Power & Infrastructure Reports Q1 Results Amid Corporate Insolvency Resolution Process scanx.trade Read the original article here
German Nuclear Operator’s Insolvency Could Shift Dismantling Costs to Taxpayers The Energy Mix Read the original article here
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Punj Lloyd Ltd. ( (IN:PUNJLLOYD) ) just unveiled an announcement. Punj Lloyd Limited, a company undergoing a Corporate Insolvency Resolution Process, has announced the submission of its…
Ansal Properties’ Creditors Approve Key Appointments Amid Insolvency Process scanx.trade Read the original article here
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