Resolution Professional Fraternity Untouched by Contempt, Needs to Be Taught a Lesson: NCLAT Chennai Moneylife Read the original article here
Resolution Professional Fraternity Untouched by Contempt, Needs to Be Taught a Lesson: NCLAT Chennai Moneylife Read the original article here
Posted on: January 13, 2026, 07:42h. Last updated on: January 13, 2026, 09:04h. Nevada’s congressional delegation is spearheading the restoration of the gambling losses deduction The One Big Beautiful Bill trimmed the gambling deduction from 100% to 90% for taxpayers Congress has fielded yet another bill that seeks to restore the gambling deduction to 100%…
Global business advisory Teneo has purchased PwC’s restructuring services practice in New Zealand after picking up its Australian arm last year, adding a further two dozen professionals. The acquisition also marks Teneo’s entry into New Zealand, the country joining a global network of almost two dozen locations around the world, with the consultancy stating it…
Biggest US retail collapses in recent years as Saks Global files for bankruptcy Reuters Read the original article here
Saks Global has declared bankruptcy. The owner of Saks Fifth Avenue and other iconic luxury department stores filed for Chapter 11 bankruptcy late Tuesday in the Southern District of Texas. Each of Saks Global’s marquee brands — it also owns Neiman Marcus and Bergdorf Goodman — is a luxury retailing giant founded more than a century…
Danielle KayeBusiness reporter Getty Images Shoppers leave a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois. On a recent January morning, tourists admired the rows of Balenciaga and Burberry handbags on display at Saks Fifth Avenue’s flagship midtown Manhattan location. But a conversation on the second floor hinted at financial troubles at…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales decreased by 6.7% to 1,866 in November 2025, compared to the November 2024 figure of 2,001. The business insolvencies consisted of 250 compulsory liquidations, 1,461 creditors’ voluntary liquidations (CVLs), 136 administrations, 18 company voluntary arrangements (CVAs) and…
Corporate insolvencies in Germany jumped 15.2% year-on-year in December, according to preliminary data released Monday by the Federal Statistical Office (Destatis). Final figures showed that corporate insolvencies rose 4.8% annually in October to 2,108 cases, News.Az reports, citing foreign media. The transportation and warehousing sector recorded the highest insolvency rate in October, with 12.73 bankruptcies…