1. Main messages for England and Wales After seasonal adjustment, the number of registered company insolvencies in England and Wales was 2,035 in February 2025, 3% higher than in January 2025 (1,978) but 7% lower than the same month in the previous year (2,188 in February 2024). Company insolvencies over the past year have been…
PETALING JAYA: Selangor has emerged as the state with the highest number of bankruptcies among civil servants, with teachers identified as a particularly vulnerable group. According to the Insolvency Department, 85 teachers in the state were declared bankrupt over the last five years. ALSO READ: So-called sandwich generation face growing financial strain “Selangor recorded the…
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Sayaji Hotels (Indore) Limited has announced a mutual settlement with Ujaas Energy Limited, resolving an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. This agreement effectively removes a significant legal impediment that had been casting a shadow over the hospitality firm’s operations. Reader Takeaway: Settlement ends legal overhang; focus…
EY comments on Insolvency Service January 2026 data | EY – UK EY Read the original article here
The automotive industry is a graveyard of ambition. For every manufacturer that successfully transitions from a boutique startup to a global powerhouse, dozens more find themselves liquidated before their first production run is even completed. The pursuit of the ultimate supercar is a high-stakes gamble that requires hundreds of millions in upfront capital, a flawlessly…
Tabacalera S.L.U., the Madrid-based company that is business partners with the Cuban government in Habanos S.A., has filed for pre-insolvency proceedings, but the company says it’s not running out of money. Rather, it’s the latest chapter in the Chen Zhi drama. Chen Zhi’s picture on the Prince Group’s website. Chen Zhi is a Chinese national…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…