Ampler Bikes enters insolvency proceedings citing "years of market pressure" – Bike Europe
Ampler Bikes enters insolvency proceedings citing “years of market pressure” Bike Europe Read the original article here
Builder went bankrupt? What happens to your home under IBC
What is the IBC?India’s Insolvency and Bankruptcy Code (IBC), passed in 2016, is the legal framework governing what happens when a company, including a real estate developer, is unable to pay its debts. The law is administered by the Insolvency and Bankruptcy Board of India (IBBI), and cases are adjudicated by the National Company Law…
Privy Council rejects director’s bid to revive company claim
Board rules that director has no standing to bring a claim on behalf of a company in liquidation. In an appeal from the Supreme Court of Mauritius, the Privy Council has dismissed two appeals by Stephen Mbugua Mwagiru, a director of Manhattan Coffee Investment Holding, ruling that he had no standing to continue litigation in…
Privy Council rejects director’s bid to revive company claim
Board rules that director has no standing to bring a claim on behalf of a company in liquidation. In an appeal from the Supreme Court of Mauritius, the Privy Council has dismissed two appeals by Stephen Mbugua Mwagiru, a director of Manhattan Coffee Investment Holding, ruling that he had no standing to continue litigation in…
Business insolvencies increase by 2%
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 2% in April 2026 compared to the previous month rising to 2,085 from 2,037. April’s figure was 3% up on the same month in 2025. The data showed that there were 2,085 business insolvencies. The…
Prime Trust Estate Sues Strike Over $29.5M and Bitcoin Withdrawals Before Collapse — TradingView News
Prime Trust’s estate has sued Strike, claiming the Bitcoin payments company withdrew nearly $29.5 million and 1,939 Bitcoin just weeks before Prime Trust went bankrupt. The lawsuit is now raising questions about whether some crypto firms saw the collapse coming early and quickly moved funds to protect themselves Prime Trust Estate Targets Strike Withdrawals According…
Scottish business insolvencies increase by 6% – Credit Connect
Scottish business insolvencies increase by 6% Credit Connect Read the original article here
Insolvency And Bankruptcy Code: IBBI Introduces New Guidelines for Swift Appointment of Insolvency Professionals, ETRealty
NEW DELHI: IBBI has issued fresh guidelines for the empanelment of insolvency professionals to enable quick appointments in corporate insolvency and bankruptcy cases. These guidelines provide the procedure for preparing a panel of insolvency professionals (IPs) to act as Interim Resolution Professionals (IRPs), liquidators, resolution professionals (RPs) and bankruptcy trustees (BT). In a circular on…
UK transport firm collapses into liquidation – in business since 2008 – MSN
UK transport firm collapses into liquidation – in business since 2008 MSN Read the original article here
Northern Irish personal and business insolvencies rise
Latest monthly statistics from the Insolvency Service have shown that business insolvencies and personal insolvencies rose in Northern Ireland in April 2026. The data showed that there were 166 personal insolvencies in April, which was 35% higher than in April 2025. The insolvencies consisted of 129 IVAs, 23 bankruptcies and 14 DROs. Business insolvency data…