Permanent residents of Peninsula Eco Villas and Beach Huts were told last Thursday the manufactured homes park in Capel Sound, Morning Peninsula, was closing next month after the owner RC 1 was declared insolvent in March. The 28 villa owners were… Published May…
Unable to overcome the challenges posed by the COVID-19 pandemic and the energy crisis, the German HR group filed for insolvency, following the path of its previously-owned footwear retailer, Reno The footwear retail group has applied for insolvency proceedings for nine companies at the district court in Osnabrück. Though triggered by Reno’s insolvency filing last…
After the shoe retailer Reno filed for bankruptcy in Germany at the end of March, the company’s Austrian subsidiary, HR Group GesmbH, decided as well to file for bankruptcy Bankruptcy proceedings were applied at the regional court in Wiener Neustadt, as talks with investors have failed to date to secure a refinancing plan. The company…
Saddled with $10 million in debt and with only 41 students currently enrolled, the San Francisco Art Institute has declared Chapter 7 bankruptcy, and the school appears to be liquidating all assets and calling it quits. We’ve been hearing stories for a while that the 152-year-old San Francisco Art Institute might only survive another…
Since 2020 insolvency activity in Spain slowed down because of the moratorium declared by the Spanish government in the wake of Covid-19, under which the obligation to file for insolvency was suspended until 30 June 2022. Perhaps unsurprisingly, official statistics for the third quarter of 2022 showed a dramatic increase in the insolvency declarations within…
Figures show 33 declared bankrupt in Q4 Law Society Read the original article here
In light of recent bank closures in the United States, it’s no surprise that many Australians are worried if their small bank is next. Firstly, let’s lay some soothing truth out there. It is highly unlikely that an Australian bank will go bust. Cases like Silicon Valley Bank (which is an investment bank) are very…
Australia news LIVE: Crossbench split over super overhaul, foreign interference targeted in multicultural communities The Age Read the original article here
Australia news LIVE: Crossbench split over super overhaul, foreign interference targeted in multicultural communities The Age Read the original article here
Australia news LIVE: Crossbench split over super overhaul, foreign interference targeted in multicultural communities The Age Read the original article here