A UK automotive manufacturing company that supplies parts to major global brands has plunged into administration. WCM Europe Ltd, which specialises in engineering and producing plastic components and automotive systems, has appointed administrators after financial difficulties. According to a notice published in The London Gazette, the company was appointed a joint administrator on March 4,…
From 1 January 2021, Australia’s insolvency framework for small businesses changed. The purpose of the change was to assist small businesses, with debts under AUD $1 million, to survive – specifically, by providing these businesses with simpler, more flexible restructuring options outside the existing “one size fits all” voluntary administration and scheme of arrangement processes…
Jaiprakash Associates Discloses ₹55,357.39 Crore Outstanding Debt Under Insolvency Process scanx.trade Read the original article here
Disruptors Beware – The Court’s Firm Stance on Abusive Business Rescue and Setting Aside Applications Polity.org.za Read the original article here
NEW YORK — In a defeat for the Trump administration, a federal judge in New York ruled Wednesday that companies that paid tariffs struck down last month by Supreme Court are due refunds. Judge Richard Eaton of the U.S. Court of International Trade wrote that “all importers of record” were “entitled to benefit” from the…
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…
Brides across the country, including several in Massachusetts, are scrambling after a popular wedding photography company suddenly went bankrupt. Yours Truly Media filed for Chapter 7 bankruptcy in the Texas Bankruptcy Court on February 26. The company said that it was more than $2 million in debt and had hundreds of creditors. This May, Kelsey…
NCLAT Dismisses Insolvency Appeal Against Inox Wind Over Pre-existing Dispute BW Legal World Read the original article here
Torrent Power Ltd v Ashish Arjunkumar Rathi & Others | 2026 INSC 206 | Supreme Court of India | 27 February 2026 First, Let’s Understand the Setting: What Is the IBC and Why Does It Matter? Think of the Insolvency and Bankruptcy Code, 2016 (IBC) as a special law India enacted to fix a long-standing problem: when…
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…