LIDDS AB (publ) proposes that the general meeting, as well as the second control meeting, resolve on voluntary liquidation and the delisting of the company’s shares

Liquidation

Background On 24 April 2025, a balance sheet for liquidation purposes showed that the Company’s shareholders’ equity was less than one-half of the registered share capital. Accordingly, on 28 May 2025, the Company held a first control meeting to consider whether the Company should enter into liquidation or continue its operations. The meeting resolved, in…

Increase in creditor enforced insolvencies in 2025

Liquidation

The number of insolvencies enforced by creditors increased in 2025 driven by the rise of alternative and international lenders on the market, according to Deloitte’s latest figures. There were 812 corporate insolvency appointments in 2025 – a 7% decrease compared to 2024. Further 900 insolvencies are forecast for this year. While company led closures –…

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Liquidation

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

The immovables rule | English-Chinese Definition

Bankruptcy

This column discusses a rule under English common law that applies in the context of cross-border insolvency proceedings: the so-called immovables rule. Cross-border insolvency occurs when a company or individual enters insolvency or bankruptcy proceedings in one jurisdiction and the has assets and creditors in another jurisdiction (for a previous discussion about cross-border insolvency, see…