A former WealthSure planner who has been ordered to pay $1.7 million in damages to a client is unlikely to pay the claim after he declared himself bankrupt. David Bertram was required to pay the claim after a stay of execution concerning him was discharged. However, he is unlikely to pay up after he declared…
Our global Restructuring & Insolvency team has a long-standing reputation for providing creative, solution-oriented advice and counseling to distressed businesses throughout our extensive global footprint. With a focus on middle-market companies, we have successfully guided our clients through out-of-court restructurings, refinancings, sales and other dispositions, US Chapter 11 and Chapter 15 reorganizations, UK administrations, receiverships…
Company director in multimillion liquidation case ‘failed to disclose’ €820k in a Revolut account Business Post Read the original article here
Loop is being liquidated Coverager Read the original article here
Norfolk Straw Products Ltd, based in Dereham, supplied animal feed, bedding and hay bales, which it delivered nationwide and into Europe via its HGV transport fleet. Norfolk Straw Products in Dereham has entered liquidation (Image: NSP) However, the company is now being voluntarily wound up, owing creditors in excess of £300,000, according to its statement…
Tate Wine has been liquidated South Western Times Read the original article here
The National Company Law Tribunal (NCLT) at New Delhi has ruled that a financial creditor cannot refuse to pay its share of insolvency costs after participating in Committee of Creditors (CoC) meetings where those costs were placed before members and approved. A bench of Judicial Member Manni Sankariah Shanmuga Sundaram and Technical Member Atul Chaturvedi…
New Delhi: National Company Law Appellate Tribunal (NCLAT) should decide appeals filed before it in bankruptcy cases within three months, as timely decision-making at the appellate level is crucial for rapid resolution of distressed companies, the Lok Sabha select committee that reviewed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 has said. The original bill…
In a bid to stabilize public finances, Colombia is preparing to execute a series of aggressive debt management operations in 2026. Credit: momentcaptured1 – CC BY 2.0 via Flickr. In a bid to stabilize public finances before the Petro administration concludes its term next August, Colombia is preparing to execute a series of aggressive debt management operations in 2026.…
The new Managing Directors, Benno Leuthner (CEO) and Jan Diekmann (CTO), have officially taken up their roles, as announced by CustomCells. Following the conclusion of its insolvency proceedings earlier this year, the German battery pioneer is making a fresh start ‘with a significantly sharpened strategic focus.’ CustomCells will now focus on bespoke solutions for defence…