Take note – story published 9 years and 3 months ago Skonto Football Club, the Riga-based team that used to dominate the national soccer scene, was declared insolvent December 5. Riga City Vidzeme District Court declared Latvian football club Skonto insolvent, newswire LETA learned, with Valdis Levkans appointed as the insolvency administrator. As reported, in…
India’s Parliament has approved amendments to the Insolvency and Bankruptcy Code (IBC) via the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, marking a significant step in how the country handles corporate financial distress. These changes aim to fix long-standing problems and make the system more attractive to investors dealing with distressed assets, both in India…
After more than 1,000 days without a response to the landmark Murphy report on the harms of online gambling, and growing pressure from advocates, experts, the crossbench and from within his own caucus, Anthony Albanese last week released his government’s response. The prime minister’s response falls tragically short of the suite of measures Peta Murphy…
Vatika Limited had raised ₹146 crore through secured non-convertible debentures in 2017, backed by project-linked securities including land, receivables and escrow arrangements. Despite extensions granted for repayment of principal till June 30, 2024, the company defaulted on interest payments beginning March 2022. A demand notice dated December 29, 2023 sought ₹29.72 crore towards outstanding interest,…
FILE – Alvarez & Marsal logo is shown in this illustration taken August 21, 2025. [File photo: Reuters/Dado Ruvic/Illustration]Mozambique said on Thursday it has hired France-based consulting firm Alvarez & Marsal to provide specialised advisory services for managing the country’s public debt, which has been putting pressure on public spending. Mozambique’s debt problems date back…
The Final Chapter: Neurobiological Technologies Nears Liquidation End AD HOC NEWS Read the original article here
Two families become debt-free with support from Guardian Life Dhaka Tribune Read the original article here
I nearly went bankrupt due to my extravagant lifestyle – Bella Shmurda confesses GhanaWeb Read the original article here
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Ex defence chief unwittingly linked to bankrupt tech entrepreneur’s new venture The Press Read the original article here