Momentum Collective staff and clients at the last barbecue breakfast hosted my Momentum at Casino Neighbourhood Centre. Susanna Freymark Momentum Collective was placed into voluntary administration in October. Momentum Collective began in 1979 when a group of volunteers came together to form the Casino Neighbourhood Centre and to increase support services in rural areas. Yesterday,…
The hardware world had a brutal week, with iRobot, Luminar, and Rad Power Bikes all filing for bankruptcy. Each company faces its own mix of tariff pressures, supply chain issues, and shifting markets, but together they tell a larger story about the challenges of building physical products in an era of global trade tensions and cheap overseas competition. From…
Several popular U.S. companies filed for bankruptcy in 2025 as economic pressures continued to weigh on retailers, restaurant operators, and manufacturers. Rising inflation and shifting consumer habits have hit pharmacy chains, jewelry retailers, automotive suppliers, fragrance brands, and restaurant operators particularly hard. 10 Popular Companies That Filed for Bankruptcy in 2025 Several well-known U.S. brands…
In a recent ruling on the interplay between the Insolvency and Bankruptcy Code, 2016 (IBC) and the Prohibition of Benami Property Transactions Act, 1988, (PBPT) the Madras High Court has held that Section 32A of the IBC bars any action against the corporate debtor’s property for offences committed prior to the commencement of the Corporate…
Posted on: December 19, 2025, 09:56h. Last updated on: December 19, 2025, 09:56h. Nebraska’s casinos are helping the state recoup outstanding debts More than $215K in overdue child support has been secured through gambling winnings Nebraska’s newly liberalized casino market is helping reduce property taxes for homeowners across the Cornhusker State. The racetrack slot machines,…
Retail and hospitality accounts for 30 per cent of November insolvencies, figures show Insider Media Ltd Read the original article here
Scottish company insolvencies fall 14% year-on-year TheBusinessDesk.com Read the original article here
Ernest Hemingway famously described the process of going bankrupt as something that happens “gradually, then suddenly”, a phrase more pithily misremembered as “slowly, then all at once”. When it comes to the public sector, this second version really seems to be the case. Before 2018, no UK council had issued a section 114 notice –…