Homelessness, debt and a helping hand from Khan’s Bargains – meet the man behind Peckham’s newest juice bar Southwark News Read the original article here
Estonian e-bike manufacturer Ampler Bikes OÜ has filed for bankruptcy with Harju District Court, prompted by an unresolved legal dispute related to the lease agreement for its Berlin showroom. The parent company’s move followed the insolvency filing of its German subsidiary, while the Swiss unit is expected to face the same fate in the coming…
UK restaurant chain collapses into liquidation – £100k of debts MSN Read the original article here
Debt is a big concern for so many of you. That’s why Channel 2 Action News held an event in our newsroom this week to connect viewers with debt experts. And it’s not too late to get help. Credit card debt reached an all-time high of $1.28 trillion at the end of 2025 with the…
Nearly 1,000 people receive help with ‘Ask a Debt Expert’ event on Channel 2 WSB-TV Read the original article here
Tens of millions of taxpayers hit with IRS penalties or late fees may be eligible for a refund, thanks to a recent federal court ruling. But the time to act is quickly drawing to a close. In November 2025, the U.S. Court of Federal Claims ruled in Kwong v. United States that certain tax deadlines…
The Privy Council has dismissed two connected appeals in Manhattan Coffee Investment Holding (in liquidation) v Stephen Mbugua Mwagiru [2026] UKPC 21, clarifying the circumstances in which a person other than a liquidator may be authorised to bring or continue proceedings in the name of a company in liquidation. The judgement, delivered on 14 May…
A SCOTTISH whisky company has collapsed into liquidation, plunging thousands of cask investors into uncertainty. Edinburgh-based Whisky Merchants Trading Limited was placed into liquidation by administrators Griffins after an estimated £80 million was raised from investors across the company’s brands. Administrators said the collapse of the firm had left “thousands of global customers uncertain of…
A UK clothing manufacturer is the latest business to close for good, with all its employees laid off in another blow to the economy. Aberdeen-based North East Rig Out has fallen into liquidation after 40 years of business, with the firm’s remaining eight workers having been made redundant. The clothing manufacturer specialised in workwear, school…
The Supreme Court of India, while deciding a batch of appeals involving ICICI Bank and SBI, held that simultaneous Corporate Insolvency Resolution Process (CIRP) proceedings against a principal debtor and its corporate guarantor are maintainable under the Insolvency and BankruptcyCode (IBC), 2016. The appeals arose from conflicting orders by the NCLAT and NCLT regarding the…