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Brazil’s Central Bank on Tuesday ordered the extrajudicial liquidation of Banco Master, shutting down the institution and terminating its operations indefinitely. The order, signed by Central Bank president Gabriel Galípolo, also calls for the judicial liquidation of Master SA Corretora de Câmbio. The regulator appointed EFB Regimes Especiais de Empresas as the liquidator, granting it…
Global insolvencies to peak in 2026 amid trade shifts – Allianz Insurance Business America Read the original article here
How Abengoa Group impacted the Spanish economy EY Read the original article here
In a significant move aimed at protecting homebuyers, the Insolvency and Bankruptcy Board of India (IBBI) has proposed a major change that would automatically include all allottees in a real estate project in the resolution process, even if they fail to file their claims formally. This proposal is part of a broader discussion paper titled…
Meet Your ETF AI Analyst Siix Corporation ( (JP:7613) ) has issued an announcement. SIIX Corporation has finalized a transfer agreement to sell its entire equity interest in its Hungarian subsidiary, SIIX Hungary Kft., to Vipulse Technology Kft. This move is part of the company’s ongoing liquidation process of the subsidiary, which will result in…
The Insolvency and Bankruptcy Board of India (IBBI) has unveiled a comprehensive set of proposals aimed at overhauling the valuation process under the Insolvency and Bankruptcy Code (IBC), a move intended to enhance transparency, consistency, and the reliability of asset assessments during corporate resolutions. In a discussion paper released today, the IBBI identified key challenges…
REVEALED: Latest business liquidations in Hume Herald Sun Read the original article here
Viridis touts potential Canadian debt support Mining News Net Read the original article here
Fast cars, credit cards: Adgemis’ lavish life was funded on plastic The Australian Read the original article here