Swedish corporate group Fragbite Group has declared bankruptcy for Alara Prime developer Fall Damage. While a publishing for the game is still being determined, the process has created “an unsustainable financial situation” for its creator. The apparently “not temporary” bankruptcy was further determined by an inability to pay off debts by their due date. Impact-wise,…
The authority raised its council tax by 8% in February, following a 10% hike in 2023. Commissioners said despite the rises, a high collection rate of 98% remained. “Clearly continuing to sustain both savings plans and income raising strategies are a cornerstone to future sustainability,” they added. The council was effectively declared bankrupt in 2022…
More companies went bust in past year than during financial crisis More companies in England and Wales went bust in the last year than at the height of the financial crisis, the latest insolvency figures show. There were 25,551 insolvencies in the 12 months from August 2023 to July 2024, new data from the Insolvency…
5 June 2024 Park Hotel CQ Pte Ltd (in liquidation) & Ors v Law Ching Hung and Park Hotel Management Pte Ltd (in liquidation) & Ors v Law Ching Hung & Ors [2024] SGHC 105 The General Division of the Singapore High Court (“High Court”) in…
Katie Price admits she ‘loves’ new home which she bought amid bankruptcy The Mirror Read the original article here
Former England striker Emile Heskey ‘bankrupt after hefty tax bill and legal costs’ Daily Star Read the original article here
Edtech firm Think and Learn, which operates under the Byju’s brand, has not paid July salaries to its employees due to complications arising from a Supreme Court stay on the NCLAT’s decision, a senior official revealed on Tuesday, according to a PTI report. On August 2, the National Company Law Appellate Tribunal (NCLAT) approved a…
More companies went bust in past year than during financial crisis More companies in England and Wales went bust in the last year than at the height of the financial crisis, the latest insolvency figures show. There were 25,551 insolvencies in the 12 months from August 2023 to July 2024, new data from the Insolvency…
Company insolvencies up 16% on July last year as cost hikes continue to bite MSN Read the original article here
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