Uganda: A Comprehensive Overview of Insolvency Trends in 2025 In 2025, Uganda experienced a continuation of relatively low formal insolvency activities, marking a stable period in its corporate and financial landscape. Unlike many markets where insolvency often reflects economic distress, Uganda’s scenario was characterized by a predominance of voluntary business closures. These closures were largely…
The scale of Dashdot Pty Ltd’s (Dashdot) collapse has been laid bare, with liquidators revealing hundreds of customers are collectively owed more than $10.5 million after the high-profile buyer’s agency entered liquidation. The company entered voluntary liquidation in late May 2026, as reported by REB, with more details now emerging regarding the dire state of…
The future of Eastbourne Pier is being monitored closely after a company linked to the owner was put into compulsory liquidation, Eastbourne Borough Council has said. The authority said the attraction was “iconic and much-loved” and its priority was to try to ensure it stays open for residents, visitors and businesses. Sheikh Abid Gulzar bought…
The future of Eastbourne Pier is being monitored closely after a company linked to the owner was put into compulsory liquidation, Eastbourne Borough Council has said. The authority said the attraction was “iconic and much-loved” and its priority was to try to ensure it stays open for residents, visitors and businesses. Sheikh Abid Gulzar bought…
Certain assets could be a lot more vulnerable than others if you’re dealing with a debt lawsuit in retirement. Hanizam/Getty Images Many of the people entering retirement in today’s economic landscape, marked by rising inflation, market volatility and record levels of household debt, have more financial obligations than they expected to. For some, those obligations…
Luton man handed suspended sentence for laundering millions in insolvency fraud scheme Luton Today Read the original article here
The agreement provided that in case of a delay in payment, NMRC would be liable to pay compound interest at the rate of 9 per cent per day. The NCLT has dismissed an insolvency petition filed by Empire Transport Services Ltd (ETSL) against Noida Metro Rail Corporation observing that there were ‘genuine’ pre-existing disputes between…
Tariq Sarwar fraudulently transferred more than £3 million from the sale of a Salford commercial property Christopher Francis laundered the money through a network of accounts and companies, returning funds to Sarwar with creditors losing out Both men have been sentenced following investigations by the Insolvency Service Two men who carried out a £3 million…
MILAN — In a widely expected move, Italian furniture and lighting conglomerate Flos B&B Italia has sold historic lighting manufacturer Louis Poulsen. The funds from the sale will go toward paying down its debt, the firm said. A spokesperson for the company said Friday that the strategy for the time being remains focused on bolstering…
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