Teco 2030 slides into insolvency

The company writes this in a short press release. “The board of directors of the Company has this evening decided to file for bankruptcy. The board decision is unanimous and is due to the fact that there is no longer a realistic opportunity to raise sufficient capital to continue operations. The bankruptcy petition will be…

Taunton insolvency practitioner scoops annual award

Gareth was selected as Legal Advisor of the Year from hundreds of advisors across the UK, in recognition of his work within the business recovery sector. TOP STORY: New Somerset Bakery opens on Lisieux Way in Taunton Buckley said: “Winning this award is a testament to our team’s dedication to guiding business owners through financial challenges…

elon musk bill gates bankrupt: Can Microsoft Founder Bill Gates go bankrupt? Elon Musk puts this condition

Elon Musk, world’s richest man, wrote on X that Microsoft co-founder Bill Gates might face bankruptcy if Tesla becomes “the world’s most valuable company by far,” escalating their long-running dispute over Gates’ short position in the electric vehicle maker. The statement by Musk came as Tesla’s market capitalization stands at $1.251 trillion, still significantly behind…

RT France declared bankrupt by French court – POLITICO

PARIS — A French commercial court has officially declared Kremlin-backed media outlet RT France bankrupt, the company’s President Xenia Fedorova announced on Friday. “The court of Nanterre took the decision to put RT France in liquidation — a media that has not pleased [French President] Emmanuel Macron since its launch and, which was sanctioned by the…