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Among the 11 electric battery companies investigated by Quebec’s auditor general, three were high-profile jewels in the province’s quest for green leadership that ended up going bankrupt or being declared insolvent. Northvolt, Lion Electric and Taiga Motors received more than $650 million in provincial funding before failing. Auditor general Christine Roy found the government’s attempts…
NRL’s number one referee had $400k gambling problem Stuff Read the original article here
Vashi: In a major case of alleged fraud and breach of trust, three employees of a prominent bar in Vashi have been accused of siphoning off liquor stock worth more than Rs 1.37 crore over nearly 20 months and selling it in the black market. The Vashi Police have registered a case against the trio and…
Despite this, the primary criticism of the IBC remains its long timelines. By late 2025, the Insolvency and Bankruptcy Board of India (“IBBI”) recorded that the average duration of the Corporate Insolvency Resolution Process (“CIRP”) had drifted past 600 days, far exceeding the statutory limit of 330 days under Section 12(1). The Insolvency and Bankruptcy…
More than 760 property companies have become insolvent in the UK so far this year, representing the highest rate of business failures in the sector in a decade, according to analysis of official insolvency filings. The figure marks a 60% increase compared to the same period last year and nearly three times the 264 insolvencies…
Gas prices, student debt and relationship strain expose depth of American financial stress InvestmentNews Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
An attempt to sell the troubled Barbeques Galore franchise has failed months after the Australian retailer collapsed into voluntary administration, with 62 stores expected to close and hundreds of jobs lost. A recapitalisation deal which would have saved the iconic business has fallen through after the sale process did not secure any “offers capable of…