(PDF) The Role of Insolvency Tests: Implications for Indian Insolvency Law – ResearchGate
(PDF) The Role of Insolvency Tests: Implications for Indian Insolvency Law ResearchGate Read the original article here
Flight Design files for Insolvency
German company Flight Design, manufacturer of the CTLS and F2 range of aircraft, has filed for bankruptcy in a German court. The company filed papers on 3 December, claiming a six-figure debt and outstanding disputed payments have led to a liquidity issue. The court appointed lawyer Marcello Di Stefano as provisional insolvency administrator, who believes…
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Insolvency storm bears down on Australian households
On Wednesday, I reported that 26,000 businesses have fallen into insolvency since the 2022 election, including a record 12,405 insolvencies this calendar year. Data from the Australian Financial Security Authority (AFSA) shows there were 11,644 personal insolvencies nationwide in 2023-24. ASFA expects personal insolvencies to rise by 15% to 13,400 in the current financial year…
The Top Thirty Companies That Diamond Owes Money To
Posted in: Bandai, Collectibles, Comics, Comics Publishers, Current News, Dark Horse Comics, Diamond Select Toys, Dynamite, Funko, Hasbro, IDW, Image, Marvel Comics, McFarlane Toys, Titan | Tagged: diamond, Penguin The top thirty companies Diamond owed money to when it went bankrupt, from Penguin to Bandai, Todd McFarlane to Hasbro, Funko to Udon Published Wed, 15…
Xpeng CEO says some Chinese car brands could go bankrupt in a few years – TechNave
Xpeng CEO says some Chinese car brands could go bankrupt in a few years TechNave Read the original article here
Sacked Tranmere manager John Barnes says bankruptcy due to ‘tax oversight’ | Tranmere
John Barnes, the former Liverpool and England winger, has insisted that his bankruptcy is due to a “tax oversight” which he is now dealing with. Barnes was declared bankrupt by a Liverpool insolvency court last week, days after being dismissed as manager of the League One club Tranmere Rovers. He was declared insolvent and will…
Global Insolvency Outlook: The ebb and flow of the insolvency wave – Allianz
Global Insolvency Outlook: The ebb and flow of the insolvency wave Allianz Read the original article here
Bankruptcies in Luxembourg soar by 30% in 2024, resulting in over 3,300 job losses
The number of bankruptcies in Luxembourg rose by 30% last year, with more than 3,300 jobs lost as a result, according to the country’s official statistics agency Statec. There were 1,189 bankruptcies during 2024, up from 919 the previous year, the data published on Thursday showed. The bankruptcy rate among firms employing more than 10…