The suspect is H.L., a 52-year-old man holding dual Belgian-Chinese nationality. L. worked as a senior manager in the research department at the now-bankrupt Belgan from Oudenaarde. According to De Standaard, he was arrested on 10 May as he was about to board a flight to Beijing. Belgan went bankrupt in 2024 for purely economic…
The suspect is H.L., a 52-year-old man holding dual Belgian-Chinese nationality. L. worked as a senior manager in the research department at the now-bankrupt Belgan from Oudenaarde. According to De Standaard, he was arrested on 10 May as he was about to board a flight to Beijing. Belgan went bankrupt in 2024 for purely economic…
Across Australia, thousands of people are waiting to find out if their homes will be built, after several separate construction company collapses. By far the biggest of those recent collapses has been the Bathla Group, a Sydney developer that’s been one of Australia’s largest affordable home builders. Owing about A$3.4 billion to private lenders, Bathla’s…
David James Higson, 48, of Holly Mount Way, was investigated by the Insolvency Service over his business dealings whilst running Fashion-Recruit Limited. On July 2, 2020, the business, which was based in London, was not trading, but Higson applied for and obtained a Bounce Back Loan (BBL) of £50,000, which the business was not eligible…
ANI | Updated: Sep 03, 2026 14:16 IST New Delhi [India], September 3 (ANI): India’s corporate credit cycle is likely to remain stable in the near term, supported by strong corporate balance sheets, moderate debt levels and a capital expenditure cycle largely funded through companies’ own cash flows, according to a report by Kotak Institutional…
There is a familiar trick in the world of corporate and institutional controversy: take each unpleasant fact, put it in a separate box, and then insist that there is no story because no single box contains the entire story. A criminal proceeding is called “only a proceeding”.A bankruptcy order is called “only a financial matter”.A…
Embattled childcare company Edge Early Learning has permanently closed another Canberra centre, declaring its continued operation “unviable” after receiving a three-month suspension from authorities. The closure of Edge Early Learning in Charnwood in Canberra’s north comes two months after the company’s Higgins service was closed suddenly due to an “immediate risk to the safety and…
At Bathla’s first creditors’ meeting, administrator Teneo said it was in “positive discussions” with five lenders over funding to keep construction going, with Monday morning the key deadline. Teneo senior managing director Stephen Longley said in the virtual call that he hoped to have the funding arrangements in place by the end of today, but…
in brief More than 210 of Bathla’s 350 staff were stood down at a meeting in Sydney on Monday morning. Homebuyers who bought off-the-plan have been left in the dark, uncertain when, or if, their properties will be completed. Property developer Bathla Group has stood down almost two-thirds of its workforce following its entry into…
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