© Green Hydrogen Systems © Green Hydrogen Systems Danish electrolyser maker Green Hydrogen Systems plans to file for insolvency after failing to secure additional financing. The company revealed on Sunday (March 9) that it would file for in-court restructuring on Monday (March 10) to assess survival options, including asset sales. Green Hydrogen Systems has struggled…
Texas gun company goes bankrupt two years after launch as firearm users bemoan ‘gunfluencers’ MSN Read the original article here
The tribunal considered the reasons made by each party and maintained the Adjudicating Authority’s ruling that the Appellant’s Section 7 petition was malicious and fraudulent. The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, upheld the adjudicating authority’s ruling and dismissed a Section 7 petition under the Insolvency Bankruptcy Code (IBC), 2016, finding…
Tesla CEO and DOGE Head, Elon Musk, criticised the current state of US spending, saying that an average citizen in the country “should be mad as hell” over the expenditure of the tax money. In an interview with Fox News telecast on Tuesday (local time), Musk said that US President Donald Trump inherited a USD…
13 Firefighters Declared Bankrupt Taken Disciplinary Action BERNAMA Read the original article here
Edward Koemans: “Business model was not future-proof” On 12 March 2025, the Rotterdam District Court declared Davis Europe bankrupt, appointing Mr A.C.L. Beneder as trustee. In a statement, CEO Edward Koemans explained that the company had experienced rapid growth prior to…
Edward Koemans: “Business model was not future-proof” On 12 March 2025, the Rotterdam District Court declared Davis Europe bankrupt, appointing Mr A.C.L. Beneder as trustee. In a statement, CEO Edward Koemans explained that the company had experienced rapid growth prior to…
Chinese company to buy bankrupt German flying taxi firm by AFP Staff Writers Berlin (AFP) Mar 13, 2025 Insolvent German flying taxi firm Volocopter is to be bought by a Chinese vehicle parts maker, just weeks after another German company in the field, Lilium, collapsed. The Chinese firm, Zhejiang Wanfeng Auto Wheel Co.,…
Diamond Aircraft rescues Volocopter after insolvency Zag Daily Read the original article here
Two recent decisions of the Federal Court have engaged with the interface of privacy rights arising pursuant to legislation and dealing with creditor personal information as required by the Corporations Act 2001 (Cth). Personal information protected under the Privacy Act 1988 (Cth) includes information about an identified individual, or an individual who is reasonably identifiable.…