The embattled German shipbuilding group FSG-Nobiskrug Holding along with its two shipyards and its design group have been provisionally declared insolvent by a German court due to a filing by an insurance company. Investor Lars Windhorst, who has controlled the group since a prior insolvency filing in 2020, is vowing to fight the proceeding…
Highlights The National Company Law Tribunal has approved a resolution plan for Karkinos Healthcare Private Limited, a financially distressed oncology company based in Mumbai. Reliance Strategic Business Ventures Limited has acquired Karkinos Healthcare Private Limited for ₹200 crore, which includes the settlement of 100% of creditors’ dues. The Corporate Insolvency Resolution Process was completed within…
Backed into Bankruptcy: Automotive Smart Glass Company Owes 100-Plus Creditors glassBYTEs Read the original article here
December 12 – Following the failed takeover of ADA Group, Belgian second-division club KMSK Deinze has been declared bankrupt by a local court in Ghent. The writing had been on the wall for weeks, if not months. In November, following the departure of ACA Football Partners, an investment firm from Singapore, ADA from Luxembourg, fronted…
The embattled German shipbuilding group FSG-Nobiskrug Holding along with its two shipyards and its design group have been provisionally declared insolvent by a German court due to a filing by an insurance company. Investor Lars Windhorst, who has controlled the group since a prior insolvency filing in 2020, is vowing to fight the proceeding…
Nicheliving entities back in directors’ hands Business News Read the original article here
DFS Secretary Shri M. Nagaraju chairs review meetings to address key operational challenges and enhance efficiency of resolution mechanisms through NARCL and NCLT PIB Read the original article here
Norwegian Hydrogen Fuel Cell Company TECO 2030 Goes Bankrupt Amid Capital Shortfalls FuelCellsWorks Read the original article here
The consequences of the financial crisis have hit the Netherlands. Credit institute DBS has declared bankruptcy, following a Dutch court ruling, a week after the Central Bank intervened. The institute was also one of the sponsors of the Dutch football team, Az Alkmaar. /telegraph/tch/ Read the original article here
Business bankruptcies up a third compared to last year after 6% jump in November | NL Times Skip to main content Read the original article here