Fireside Ventures-backed 10Club files for insolvency as debts mount – YourStory.com
Fireside Ventures-backed 10Club files for insolvency as debts mount YourStory.com Read the original article here
Fireside Ventures-backed 10Club files for insolvency as debts mount YourStory.com Read the original article here
Insolvency-related activity drops in South East portsmouth.co.uk Read the original article here
A former St Helens pub owner who failed to disclose his bankruptcy when he applied for Covid support funds has been handed a suspended prison sentence. Gary Wright did not inform the bank that he was bankrupt when he obtained a £25,000 Bounce Back Loan in the summer of 2020. The 46-year-old made the application…
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Brussels-based outlet retailer Cameleon has been declared bankrupt, after more than thirty years in business. 46 employees will lose their jobs. No surprise The commercial court of Brussels has ended Cameleon’s protection against creditors and declared bankruptcy on 2 May, Belgian newspaper L’Echo reports. The news does not come as a big surprise: Cameleon had been in…
Siewert & Kau, a well-known IT distributor based in Bergheim, has filed for insolvency proceedings at the Cologne District Court, marking a significant development for one of Germany’s largest medium-sized IT retailers. The company, which has been in operation for over 30 years, employs around 400 people across several European locations, including Germany, Spain, and…
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E-commerce marketplace aggregator 10Club, which once raised one of India’s largest seed rounds, has failed to find a viable business model. The Fireside Venture-backed company now appears to be heading toward closure, as it has initiated insolvency proceedings before the National Company Law Tribunal (NCLT), Bengaluru Bench. According to a company’s regulatory filing sourced…
Volta Trucks has declared bankruptcy for the second time, electrive.com reports. Although no detailed explanation for the insolvency has been provided, it appears to stem from a lack of sales due to delays in the production of the first Volta Zero model. Production of the vehicle began in Steyr, Austria, in April 2023, but the…