Supremacy Over Defunct Corporate Schemes Omkara Assets Reconstruction Private Limited v Amit Chaturvedi & Ors | 2026 INSC 189 | Supreme Court of India | 24 February 2026 How the Supreme Court chose economic rehabilitation over procedural politeness, and why delayed corporate schemes cannot hold creditors and the economy hostage The Central Question Can a debt-ridden…
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A family-owned business that has been in operation since 2024 is headed for liquidation after a petition to wind it up was launched. A notice was published on Friday morning in the London Gazette, the UK’s official public record for things like insolvencies and administrations. The notice reveals that a petition to wind up the…
Saks Global to shutter 15 more department stores in bankruptcy restructuring Times West Virginian Read the original article here
First published on By Brianna McIllraith, Open Justice Reporter Property developer Anthony Corin is the owner of Longevity Construction which is facing liquidation. Photo: Open Justice/Supplied A construction company owner teetering on liquidation says there is simply “no money” to pay more than $300,000 to two former employees. Auckland property developer Anthony Corin’s business, Longevity…
UFC boss Dana White reportedly owes $25 million in gambling debt MSN Read the original article here
Counterintelligence Operation in Lviv According to TSN.ua: The Security Service of Ukraine (SBU) has apprehended a 21-year-old informant in Lviv who was spying on Ukrainian Defense Forces locations. The individual’s gambling addiction and resulting financial problems are believed to have been key motivations for his decision to cooperate with the enemy. This case highlights how…
Zambia among highly indebted countries in Africa whose Debt-to-GDP ratio is high. facebook.com Read the original article here
Debt rises, but ‘within limits’; Maharashtra government proposes to raise Rs 1.9 lakh crore in loans The Times of India Read the original article here