Creditors Approve Revised Eligibility Criteria in India Power Insolvency Process

India Power Corporation Ltd., under Corporate Insolvency Resolution Process, has reported the outcome of the seventh meeting of its Committee of Creditors held on September 11, 2026. The creditors approved a clarification and addendum to the eligibility criteria for consortium applicants under the Invitation for Expression of Interest for the company’s insolvency resolution process through…

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Hortilux Schréder declared bankrupt, restart under consideration

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 declared bankrupt, restart under consideration

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…

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ERROR: The request could not be satisfied The request could not be satisfied. Request blocked. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers…

5th Avenue has filed for insolvency proceeding

It has been known for several days that 5th Avenue Products Trading-GmbH has filed for insolvency. We most recently reported on the background to this situation in our article “Cuba’s Cigar Paradox,” among others. Today, Monday, September 14, the company issued the following statement to the public: “Dear Customers, Business Partners, Members of the Media,…