Taunton insolvency practitioner scoops annual award

Gareth was selected as Legal Advisor of the Year from hundreds of advisors across the UK, in recognition of his work within the business recovery sector. TOP STORY: New Somerset Bakery opens on Lisieux Way in Taunton Buckley said: “Winning this award is a testament to our team’s dedication to guiding business owners through financial challenges…

elon musk bill gates bankrupt: Can Microsoft Founder Bill Gates go bankrupt? Elon Musk puts this condition

Elon Musk, world’s richest man, wrote on X that Microsoft co-founder Bill Gates might face bankruptcy if Tesla becomes “the world’s most valuable company by far,” escalating their long-running dispute over Gates’ short position in the electric vehicle maker. The statement by Musk came as Tesla’s market capitalization stands at $1.251 trillion, still significantly behind…

RT France declared bankrupt by French court – POLITICO

PARIS — A French commercial court has officially declared Kremlin-backed media outlet RT France bankrupt, the company’s President Xenia Fedorova announced on Friday. “The court of Nanterre took the decision to put RT France in liquidation — a media that has not pleased [French President] Emmanuel Macron since its launch and, which was sanctioned by the…

Big builders increase profitability as insolvencies rise among smaller contractors

The fortunes of Australia’s largest commercial contractors have improved as cost growth slows and loss-making projects end, but increasing insolvencies among smaller subcontractors and suppliers are putting that recovery at risk by narrowing the industry base on which larger builders rely to get work done. Financial reports lodged with the corporate regulator show the country’s…