Nacon’s available assets do not allow it to fulfill its payment obligations. Nacon has announced its intention to file for insolvency and request the commencement of judicial reorganization proceedings (“redressement judiciaire”). The decision was made against the backdrop of a deteriorating financial situation related to the problems of its majority shareholder, Bigben Interactive. On February…
The civic head of Shetland Islands Council has been banned as a director after her company went into liquidation owing more than £170,000 in tax. Council convener Andrea Manson was one of two directors of the Mid Brae Inn Limited, which traded as a pub of the same name. However, the company did not pay…
Screenshot Over the rise of online casino play in the UK, we have witnessed many evolutionary changes on the gaming front. New variations of games have regularly redrawn the way traditional games such as blackjack, roulette, and poker are played. New innovative features have continued to excite casino enthusiasts too. However, another aspect that has…
Illinois officials say a first-in-the-nation statewide medical debt relief initiative has already wiped out roughly $1 billion in medical bills for more than half a million residents. In his latest budget address, Pritzker said Illinois launched its “historic medical debt relief program” two years ago to help working families overwhelmed by unexpected hospital and doctor…
Nacon, the company behind Test Drive Unlimited, WRC, MXGP and more, has filed for insolvency amid financial turmoil Traxion.GG Read the original article here
Nacon has confirmed it has filed for insolvency and has requested the initiation of judicial reorganisation proceedings. Nacon is a French video games publisher, holdings company and gaming peripherals manufacturer that’s a spin-off business owned by Bigben Interactive, a major multimedia company. Nacon manufactures a number of peripherals such as headsets and controllers and has…
Builder bankrupt, director overseas after unpaid debts and unhappy customers Stuff Read the original article here
AuthorAnanya Iyer|Published at:25th February 2026, 2:45 pm Overview Datamatics Global Services Ltd. shares plummeted over 5%, marking their steepest fall since February 20, after announcing the liquidation of its Netherlands-based subsidiary, effective February 18, 2026. This event compounds a difficult third quarter, which saw net profit plunge 51.04% year-on-year despite a 19.89% revenue increase. Analysts…
According to new figures from StepChange Scotland, the average debt among people seeking help from the charity has risen to more than £20,000—a 10% increase rise year-on-year. The figures come from StepChange Scotland’s latest annual report, Scotland in the Red. This report found that two-thirds of clients are in arrears on their household bills, owing…
A huge research company has fallen into liquidation, with all staff being made redundant. TC BioPharm, founded in 2013, focused on cancer research and was listed on the US Nasdaq exchange until last year. The Motherwell-based company has now appointed liquidators after a buyer could not be found to save it. It has been confirmed…