BFG Supply is preparing to file for chapter 11 in the coming weeks, according to sources. The greenery company is expected to conduct a sales process in court with proceeds used to pay creditors, including lender Ares Management, the sources said. The…
GVK Power Q1 Results: Standalone profit of ₹9 lakh, auditors issue disclaimer scanx.trade Read the original article here
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Japanese game developer ODD No, known for the virtual idol mobile game Link! Like! Love Live!, received a bankruptcy commencement order from the Tokyo District Court on August 5 alongside two affiliate companies. This news comes less than two months after Link! Like! Love Live! ended services on June 30 (source: ITMedia). 【詳報】アプリケーション開発の（株）オッドナンバー（東京）が破産開始 （株）オッドナンバー（渋谷区）と、関連2社は8月5日、東京地裁より破産開始決定を受けた 負債は、オッドナンバーが103億2,078万円（2024年12月期決算時点）、関連2社は現在調査中……
The Gretna Inn Limited had total creditor claims of £580,824.71, according to a statement of affairs signed by director Iain William Broughton on July 8. The company is described in the insolvency documents as trading as Crossways Inn Hotel, the former name of The Gretna Inn on Annan Road in Gretna. Natalie Hughes, of Simply…
For a financial creditor, a stressed account is a race against time. Working capital dries up, customers drift away, suppliers tighten credit, and key employees leave – often long before a formal insolvency application is even filed. By the time CIRP begins, the business a creditor is trying to resolve may already be…
Consolidated Fruits avoids liquidation following Kiwi Crunch collapse BusinessDesk | NZ Read the original article here
Netherlands-based Accell Group, which owns a string of bike brands including Raleigh and Lapierre, has officially been declared bankrupt by an Amsterdam court, having suspended payments to suppliers earlier in August. However, help might be on its way in the form of Dublin-based Quanta Capital, which has expressed an interest in purchasing the group and…
By Harry Mottram: If the heat wasn’t bad enough and the way it affects logistics then there’s something even more troubling for hauliers: the hike in diesel prices. The fall-out from the continued unresolved on-off war between the USA and Iran has caused global financial instability and rises in oil, gas and fertiliser prices due to…