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Construction continues to face insolvency risks

Fast forward five years, and sadly the industry is coming to terms with the failure of ISG: another huge contractor with a multi-billion pound turnover, employing more 2,000 people working across some of the biggest projects in the public and private sector. But while ISG is undoubtedly the biggest name to fail since Carillion…

Sonder initiates Chapter 7 liquidation

Apartment-style rental company couldn’t find a financial solution and partially blames poor Marriott integration for its business failure. SAN FRANCISCO – One day after Marriott International terminated its licensing agreement with Sonder, the apartment-style rental hospitality company announced it will wind down its operation and initiate a Chapter 7 liquidation of its U.S. business. Sonder…

Sinotruk Announces Voluntary Liquidation of Finance Subsidiary

Meet Your ETF AI Analyst Sinotruk Hong Kong ( (HK:3808) ) has shared an update. Sinotruk (Hong Kong) Limited announced the voluntary liquidation of its subsidiary, Sinotruk Finance Co, following approval from the National Financial Regulatory Administration. The liquidation process, effective from November 10, 2025, will not adversely affect the financial position and business operations…