The saga of Donald Trump’s repeated attempts to slap his name onto the John F. Kennedy Center for the Performing Arts will not go away. In May, Trump lost in court and was ordered to remove his name from the building. But now—according to a 57-page presentation by Trump’s hand-picked executive board obtained by The…
One company has failed in its arguments of unfair preference and insolvent transactions to secure $7 million in repayments from the Tax Commissioner, who identified an alleged insolvency as a “mere presence of a liquidity problem”. The Supreme Court of Western Australia has scrapped an application by LCM Recoveries Pty Ltd in pursuit of repayment…
India’s bankruptcy regulator has cancelled the registrations of 207 insolvency professionals in the June quarter after they failed to continue meeting the “fit and proper” requirement, marking its biggest such clean-up since the Insolvency and Bankruptcy Board of India was established in 2016. The action has brought the number of registered insolvency professionals down to…
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Matthew Cooke, who has run the Malvern Hills Hotel for 24 years, said the severely overrunning closure of the A449 near British Camp means his business is not viable anymore. Worcestershire County Council has been unable to provide a confirmed reopening date. The road has been closed since September 8, 2025 for repairs to a…
A draft resolution being circulated by the Donald Trump-installed board currently leading the Kennedy Center is warning that the beloved cultural institution will be bankrupt and face “certain fiscal collapse within weeks” unless Trump’s name is added to the building. A federal judge ruled in May that Trump’s name had to be removed from the…
Hortilux Schréder has been declared bankrupt. The Dutch company develops, assembles, and sells lighting installations for greenhouse horticulture and vertical farming. Hortilux was granted a suspension of payments last Thursday, September 10, which was today converted into bankruptcy at the request of the court-appointed administrator. A restart of the lighting company’s activities is being…
Hortilux Schréder has been declared bankrupt. The Dutch company develops, assembles, and sells lighting installations for greenhouse horticulture and vertical farming. Hortilux was granted a suspension of payments last Thursday, September 10, which was today converted into bankruptcy at the request of the court-appointed administrator. A restart of the lighting company’s activities is being…
New Delhi, The National Company Law Tribunal (NCLT) has dismissed the plea of grounded air carrier Jet Airways’ liquidator seeking a refund of Rs 500 crore from global aerospace manufacturer Boeing, observing that the matter involves a contractual dispute. A two-member Mumbai bench of NCLT said there was a contractual dispute over the pre-delivery/advance payments,…
Summit Brewing Co. faces insolvency risk as lender seeks court-appointed receiver The Business Journals Read the original article here