Tesla’s Struggling Rival Polestar (PSNY) Gets Debt Relief from Sister Volvo – TipRanks
Tesla’s Struggling Rival Polestar (PSNY) Gets Debt Relief from Sister Volvo TipRanks Read the original article here
Govt Highlights IBC’s Corporate Revival Focus, Eases MSME Pre-Pack Insolvency Norms
New Delhi, Mar 31 (KNN) The government has reiterated that the Insolvency and Bankruptcy Code (IBC) is aimed at business rescue and value maximisation, rather than mere debt recovery, highlighting strong recovery outcomes and improved corporate performance post-resolution. By December 2025, recoveries under the IBC stood at 94.95 per cent of fair value and 171.54…
Chile’s Exportadora Santa Cruz declared bankrupt | News
One of Chile’s leading fruit exporters, Exportadora Santa Cruz, has filed for bankruptcy with debts of around US$55bn. It follows a second failed reorganisation process embarked on by the company in less than a year, prompting creditors to request forced liquidation due to non-compliance with the reorganisation plan. The 1st Civil Court of Santiago declared…
MT Educare discloses continued loan defaults amid ongoing insolvency process – TipRanks
MT Educare discloses continued loan defaults amid ongoing insolvency process TipRanks Read the original article here
‘Stolen funds’, police probe in $6.41m Vic logistics collapse – Herald Sun
‘Stolen funds’, police probe in $6.41m Vic logistics collapse Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Douglas council area for March 30 – The Cairns Post
REVEALED: Liquidator appointments for businesses in the Douglas council area for March 30 The Cairns Post Read the original article here
7 Reasons Veterans Struggle With Debt, and How to Get Relief – The Good Men Project
7 Reasons Veterans Struggle With Debt, and How to Get Relief The Good Men Project Read the original article here
Norwich City Council’s Lion Homes to enter liquidation
Lion Homes, which was Norwich City Council’s social and affordable housing arm, made £5 million in losses in five years, according to accounts, while homes in one development it built were sold for less than what they cost to build. The Labour-run council had to write off a £6 million loan to the company, saying…
Bilcare Limited Board Meeting Outcome: ₹3.15 Crore Preference Share Redemption – scanx.trade
Bilcare Limited Board Meeting Outcome: ₹3.15 Crore Preference Share Redemption scanx.trade Read the original article here
Poker Player Killed in Indiana Over $50K Drug Debt
A well-known poker player in Indiana, US, was killed earlier in March in what prosecutors believe was a dispute over a marijuana debt, not gambling losses. Marijuana Business James “Matt” Lushin, a real estate investor and regular on the poker circuit, was found dead at his home in Westfield on March 12. According to the…