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An Irish couple is facing the loss of €26,000 after a wedding planner in the Canary Islands closed her business amid claims of insolvency. Sorcha McManigan and Alan Kent were due to marry in Tenerife in September, after planning their wedding for nearly two years. The Dublin couple had taken multiple trips to meet the…
Ambition Mica monitoring committee seeks CIRP restart over plan breach scanx.trade Read the original article here
29 May 2026 Source: The Insolvency Service – Company Insolvency Statistics February 2026, Table 1c Construction firms accounted for 16% of all insolvencies in England and Wales in March 2026, with 347 registered construction businesses becoming insolvent. This was 43 more than were recorded in February 2026 and 30 fewer than the 377 in March…
For the Sonnenbühl-based carrier in Baden-Württemberg, 1 June marks the start of a more structured restructuring phase. With the formal proceedings opening, the company enters an organised process aimed at stabilising the business. According to management, talks are currently under way with potential investors. In a statement, the company said there is interest both in…
For the Sonnenbühl-based carrier in Baden-Württemberg, 1 June marks the start of a more structured restructuring phase. With the formal proceedings opening, the company enters an organised process aimed at stabilising the business. According to management, talks are currently under way with potential investors. In a statement, the company said there is interest both in…
Advancing Insolvency Resolution in India After independence, Indian companies operated within structured legal frameworks supporting normal business activities. When financial stress emerged, they relied on multiple legal mechanisms for resolution. These included company law, debt recovery processes and secured creditor frameworks. Each mechanism followed separate forums and…
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Marc Bandemer, 61, was declared bankrupt at Reading County Court after failing to pay the full compensation awarded to Louise Crabtree, a senior executive from Romsey. She won nearly £100,000 at an employment tribunal in 2024 after enduring what she described as a sustained campaign of harassment. Ms Crabtree, 51, said the behaviour lasted for…