WASHINGTON (Reuters) — Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry’s first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. The collapse of the carrier following a doubling in jet fuel prices during the two-month-old Iran war will cost thousands of jobs. It is…
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REVEALED: Latest business liquidations in Stirling Daily Telegraph Sydney Read the original article here
CALGARY, Alberta, May 01, 2026 (GLOBE NEWSWIRE) — Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) advises that its subsidiary, Arctic Canadian Diamond Company Ltd. (“ACDC”) has filed for insolvency protection under the Companies’ Creditors Arrangement Act (“CCAA”). Incorporated in British Columbia, ACDC has obtained an order from the Supreme Court of British Colombia (the…
Jonjua Overseas Board Approves Expression of Interest for Telephone Cables Limited Insolvency Matter scanx.trade Read the original article here
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₹1,206.03 crore in defaulted loans; insolvency process initiated February 22, 2023.Reader Takeaway: Operations continue under the Insolvency Resolution Professional (IRP), but Supreme Court appeals create significant risk. Today’s Filing Siti Networks has officially informed the BSE and NSE that it does not meet the criteria to be classified as a ‘Large Corporate’ under SEBI’s listing…
French games publisher Nacon is holding its annual showcase on May 7 at 8pm CEST — even as the company works through a court-supervised insolvency process. Parent company Bigben Interactive failed to repay a €43 million bond in February 2026, triggering a legal restructuring that has already claimed one studio. For anyone who buys Nacon…
Major UK kitchen company suddenly goes bankrupt in the US leaving customers desperate for refunds The Independent Read the original article here