FAT Brands gets court go-ahead for liquidation plan – Reuters
FAT Brands gets court go-ahead for liquidation plan Reuters Read the original article here
Arconic Foundation wipes millions in medical debt in its communities – WQAD
Arconic Foundation wipes millions in medical debt in its communities WQAD Read the original article here
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German Battery Maker Varta Files For Insolvency After Apple Reportedly Cuts Key Supply Partnership
Varta AG, the German battery manufacturer based in Ellwangen, has applied to the Stuttgart Local Court to open insolvency proceedings under self-administration. The company cited a structural funding gap expected from 2027 as the primary driver of the filing, rather than any immediate inability to meet payment obligations. Varta said production is continuing and that…
NCLT approves Rs 352-cr resolution plan for Radius & Deserve Land Developers
The National Company Law Tribunal’s Mumbai bench has approved a Rs 352.5 crore resolution plan submitted by Bharadvaja Buildcon LLP for Radius & Deserve Land Developers Private Limited, closing out a 38-month insolvency process during which the sole financial creditor, IDBI Trusteeship Services Limited, will recover just 10.75% of its admitted claim. A two-member bench…
SMC Global Securities Announces Resignation of Treasury and Debt Solutions Vice President – The Globe and Mail
SMC Global Securities Announces Resignation of Treasury and Debt Solutions Vice President The Globe and Mail Read the original article here
UK garage plunges into liquidation – family business since 2002
A family-run garage open since 2002 has fallen into liquidation in another major blow to the UK car industry. Mike O’Sullivan Garage Services Limited appointed liquidators on July 21, with the notice published in the London Gazette on July 27. A notice explained that the vehicle repair & MOT services firm was being “wound up…
Iconic South Island mill sold ‘as is where is’ after demolition drama and liquidation, All things property, under OneRoof
– The former Bruce Woollen Mill in Milton was sold “as is where is” after Miltown Properties Ltd’s liquidation. – Owner Ezra Eini’s redevelopment plans were halted by heritage restrictions and legal issues over tyre storage. – Miltown Properties owed over $600,000, and Eini was fined for breaching environmental standards. A landmark Otago mill with…
Iconic South Island mill sold ‘as is where is’ after demolition drama and liquidation, All things property, under OneRoof
– The former Bruce Woollen Mill in Milton was sold “as is where is” after Miltown Properties Ltd’s liquidation. – Owner Ezra Eini’s redevelopment plans were halted by heritage restrictions and legal issues over tyre storage. – Miltown Properties owed over $600,000, and Eini was fined for breaching environmental standards. A landmark Otago mill with…
Jeff Bezos’s Prediction Amazon Will Go Bankrupt Resurfaces After Report the ‘Wiped’ CEO Is ‘Hanging on for Dear Life’ with Lauren Sánchez
Jeff Bezos might no longer be the CEO of Amazon, but that doesn’t mean he doesn’t have opinions about the business he founded and still holds stock in. Or, about business in general. It just so happens that those opinions might not be what anyone wants to hear from someone like Jeff Bezos. Despite that,…