Vikram Solar secured relief after the National Company Law Appellate Tribunal (NCLAT) set aside the National Company Law Tribunal (NCLT) order admitting an insolvency application over an operational creditor’s alleged INR 9.44 crore claim. June 30, 2026. By EI News Network The National Company Law Appellate Tribunal (NCLAT) has set aside the order admitting the…
GERMANY – Refresco has agreed to acquire the business operations of insolvent German mineral water and soft drinks producer Rhenser Mineralbrunnen, strengthening its production capacity and brand portfolio in Germany. The agreement was reached with the company’s provisional insolvency administrator and Managing Director Holger Sieck and has received approval from the creditors’ committee. In a statement, Refresco said the…
Another airline files for bankruptcy protection, cancels all flights thestreet.com Read the original article here
Nearly 10K Bicol farmers freed from P418-M debt, receive land titles Philippine News Agency Read the original article here
Following the completion of a managed wind-down (initially proposed at the end of 2024), the JPMorgan Global Core Real Assets Trust has announced a voluntary liquidation. The trust’s holdings have been fully redeemed, and the cash proceeds received, with the unaudited net asset value per share as of the end of May standing at 92.7p.…
Quick Read TG Jones faces potential insolvency after a court delayed its restructuring plan. The delay impacts 480 stores and puts 5,000 jobs at risk. The firm struggled to meet millions in payment obligations due this week. TG Jones, the retailer that formerly operated the high-street business of WH Smith, is facing the immediate threat…
UK Tourists Face Widespread Disruption after Established Group Travel Company Initiates Insolvency Proceedings and Calls off Future Trips Travel And Tour World Read the original article here
No.8 London enters insolvency Televisual Read the original article here
The National Distillery Company in New Zealand has gone into voluntary liquidation after owing more than NZ$2.2 million (US$1.24m) to creditors. National Distillery Company took inspiration from hot cross buns for a limited edition vodka in 2021 The Napier-based spirits producer was placed into liquidation on 15 June. Adam Botterill and Damien Grant, licensed insolvency…
Since being freed from federal bans, gambling sites like DraftKings and Kalshi have become an inescapable part of every sporting event. (Photo by Aaron M. Sprecher/Getty Images) Americans are on track to gamble away a record-high quarter-trillion dollars this year. Since the Supreme Court stripped away federal bans on sports gambling, regulators have behaved like…