WeightWatchers goes bankrupt, as offering GLP-1 drugs couldn’t cure its debt problems – MarketWatch
WeightWatchers goes bankrupt, as offering GLP-1 drugs couldn’t cure its debt problems MarketWatch Read the original article here
He is a former NBA champion with the Miami Heat, earned over $100 million and later went bankrupt
In the 2005-06 season, the Miami Heat celebrated a historic milestone by clinching their first-ever NBA championship, defeating the Dallas Mavericks 4-2 in the Finals. One of the key players in that title run was Antoine Walker, who joined the team at the start of the season and carried with him a compelling story of…
Increase in hospitality and construction insolvencies
In the past year, Dillon Eustace has seen a notable increase in insolvencies in the real estate, construction and hospitality sectors. These appointments have been by domestic alternative lenders (typically backed by international capital) or international funder clients who are not willing to show the same forbearance as the domestic pillar banks, Jamie Ensor, partner…
Recruitment consultant sentenced after fraudulently using Covid loans for personal purposes
Rico Iheagwara fraudulently applied for two £20,000 Bounce Back Loans during the summer of 2020 Iheagwara’s SJR Recruitment Limited company was not trading at the time of the applications SJR Recruitment was placed into liquidation in 2021 with liabilities of more than £67,000 A recruitment consultant who fraudulently spent Covid support funds for personal purposes…
Business insolvencies increase by 2.9%
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 2.9% in April 2025 to a total of 2,053 compared to March 2025’s total of 1,996, and decreased by 5.1% compared to April 2024’s total of 2,163. The business insolvencies consisted of 379 compulsory…
Scottish business insolvencies fall – Credit Connect
Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland declined by 7% in April 2025. The data showed that there were,there were 101 company insolvencies registered in Scotland, 7% lower than the number in April 2024. The total number of business insolvencies was comprised of 47 CVLs, 51 compulsory liquidations…
Northern Irish personal insolvencies increase whilst business insolvencies fall
Latest monthly statistics from the Insolvency Service show that in April 2025, personal insolvencies increased while business insolvencies declined in Northern Ireland. The data showed that there were 123 individual insolvencies in Northern Ireland. This was 10% higher than in April 2024. There were 95 IVAs, 16 bankruptcies and 12 DROs. Business insolvency data shows there were 30…
Microsoft-Backed Builder.ai to Enter Insolvency Proceedings – MSN
Microsoft-Backed Builder.ai to Enter Insolvency Proceedings MSN Read the original article here
Weightwatchers files for bankruptcy as Ozempic and Mounjaro surge in popularity
WeightWatchers has filed for bankruptcy in the US as it struggles with debt and fierce competition from fat-loss jabs like Ozempic and Mounjaro. The legal process will see $1.15bn (£860mn) of the 60-year-old diet brand’s debt written off while it agrees new terms for paying back its lenders. WeightWatchers said it will remain “fully operational”…
JSW Steel faces tax benefit reversal after Supreme Court scraps Bhushan Power takeover – The Economic Times
JSW Steel faces tax benefit reversal after Supreme Court scraps Bhushan Power takeover The Economic Times Read the original article here