Four Nacon subsidiaries file for insolvency

Nacon subsidiaries Spiders, Kylotonn, Cyanide, and Nacon Tech have filed for insolvency. As Game Developer reports, the France-based studios have commenced reorganisation proceedings at the Lille Métropole Commercial Court. Spiders is known for working on Greedfall franchise, Kylotonn oversees the World Rally Championship series, and Cyanide worked on the Styx and Blood Bowl franchises. All…

Credit Strategy – Knowledge Hub

Coerced Debt Back on the Agenda Coerced debt is rightly back on the policy agenda, but there’s a lot to do to put right the wrongs that victim-survivors continue to experience. It’s up to all of us who work with consumers to try to spot the warning signs and prevent coerced debt, as well as…

Lok Sabha takes up Insolvency and Bankruptcy Code Bill, 2025, for consideration and passing

Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passing. Union Finance Minister Nirmala Sitharaman moved the Bill, which aims to further amend the Insolvency and Bankruptcy Code 2016. The Bill seeks to address procedural delays and interpretational issues among companies and individuals.   Participating in the discussion,…