Ekati diamond mine in jeopardy as owner seeks insolvency protection Published 2:35 pm Monday, May 4, 2026 The fate of the Ekati diamond mine won’t be known for at least another week, after the mine’s owner filed for insolvency protection in the Supreme Court of British Columbia. Protection under the Companies’ Creditors Arrangement Act (CCAA)…
The owner of the troubled Ekati Diamond Mine in the Northwest Territories has filed for insolvency protection as it continues to face economic and geopolitical headwinds. Australia-based Burgundy Diamond Mines Ltd. said the Supreme Court of British Columbia has granted its Canadian subsidiary, Arctic Canadian Diamond Co. Ltd., protection under the Company Creditors Arrangement Act,…
Business distress rises as liquidations jump in March IOL Read the original article here
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Dubai’s largest food company collapses into liquidation – £1.5m of debts MSN Read the original article here
Dubai’s largest food company collapses into liquidation – £1.5m of debts MSN Read the original article here
Mumbai: The National Company Law Tribunal (NCLT) has approved Rajesh Business & Leisure Hotels’ resolution plan to acquire a consortium of Rare Asset Reconstruction Company (Rare ARC) and Check-Inn Hotels, a subsidiary of realty developer Shree Naman Group. Read more: NCLAT sets aside NCLT insolvency order against Embassy Developments The company has admitted liabilities of…
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