US to revoke passports of citizens with child support debt above $2,500 – TheCable
US to revoke passports of citizens with child support debt above $2,500 TheCable Read the original article here
Stirling film production company with links to Disney placed into liquidation – The Courier
Stirling film production company with links to Disney placed into liquidation The Courier Read the original article here
Folbb’s cartonboard mills in Baiersbronn and Eerbeek file for insolvency
Baiersbronn Frischfaserkarton, the German subsidiary of folding boxboard producer Folbb, has run into financial difficulties. At the end of June, the company filed for the opening of insolvency proceedings with the local court of Rottweil in southwestern Germany. At the same time, Folbb’s second subsidiary Folding Boxboard Eerbeek in the Netherlands has also filed for insolvency,…
NCLT Kolkata Dismisses GST Consultant Fee Claim in CIRP |…
The determination of what constitutes legitimate “Insolvency Resolution Process Costs” under the Insolvency and Bankruptcy Code, 2016 remains a fertile ground for judicial scrutiny, particularly where informal professional engagements during the Corporate Insolvency Resolution Process are sought to be retrospectively clothed with statutory priority. A significant ruling on this subject was delivered by the National…
Kenpong Travel Faces Collapse as First Atlantic Bank Pushes Liquidation
Kenpong Travel And Tours Kenpong Travel & Tours Limited, one of Ghana’s most recognisable travel and tourism companies and a major organiser of supporter travel to international football tournaments, is facing a winding-up petition at the Commercial Division of the High Court in Accra over an alleged unpaid judgment debt of GHS2.55 million. Winding-up in…
Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved – Law.com
Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved Law.com Read the original article here
Portuguese unicorn Unbabel declares bankruptcy but got €13.3 million from recovery funds
Unbabel, the Portuguese unicorn specialised in Artificial Intelligence translation and automated linguistic solutions, is bankrupt owing money to around 36 creditors, including Portuguese public companies. The company, which went under in February, has received €13.3 million in funding from Portugal’s Recovery and Resilience Plan (RRP). Unbabel has been declared insolvent by a commercial court after…