Summary: In approving Ravelin’s CBCA plan of arrangement, the Court rejected a debentureholder’s attempt to carve out a proposed securities claim from the arrangement release, holding that distressed issuers are not required to provide “blow by blow” disclosure of non-binding restructuring negotiations before a transaction is ready to be announced. The debentureholder alleged that Ravelin…
German DIY store operator Hellweg and its subsidiary sales division, Baywa Bau & Garten, have applied to the Essen Local Court for insolvency proceedings under self-administration. The court has granted both applications. The company has announced that the management will retain full authority to act and issue instructions. There are two separate proceedings: one involving…
Administrator.uk says its transport and logistics list was last updated on 17 June and includes 30 companies that have entered administration in 2026, including three so far in June. The category covers road, rail, sea, air and warehousing businesses, rather than road haulage alone. The June entries listed by the tracker are Techlogico Limited, Sunhill…
Administrator.uk says its transport and logistics list was last updated on 17 June and includes 30 companies that have entered administration in 2026, including three so far in June. The category covers road, rail, sea, air and warehousing businesses, rather than road haulage alone. The June entries listed by the tracker are Techlogico Limited, Sunhill…
UK business insolvency stress has remained significantly above its historical baseline for 17 consecutive weeks, according to FrictionIndex, the UK’s first weekly measure of corporate insolvency activity across 21 economic sectors. T The index is currently elevated, with 12 of the main 18 tracked sectors showing above-normal stress levels despite an 8.4% decline over the…
Meghan Markle breaks silence on rumors she’s going to go bankrupt The rumor mill has been churning out rumors of Meghan Markle’s bankruptcy for a while now, with some even saying she’s exhausted a lot of Prince Harry’s inheritance in the process of trying to keep As Ever afloat. However the Duchess’ spokesperson has finally…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Recently Listed Inspace Unit Files Winding Up Petition Against Incite Innovations Over Unpaid Bills BusinessToday Malaysia Read the original article here
The Enforcement Directorate on Tuesday raided 17 locations in Mumbai, Khandala and Delhi linked to Suraksha Asset Reconstruction Company Ltd (SARCL), Suraksha Realty Ltd and Khyati Realtors Pvt Ltd. The raids focused on the companies’ promoters, directors, employees, and a former YES Bank official as part of a money-laundering investigation into suspected irregularities in loan…
On June 10, 2026, CanadaBis Capital Inc. (“CanadaBis” or the “Company“) and its subsidiaries, Stigma Pharmaceuticals Inc. (“Stigma Pharmaceuticals”), 2103157 Alberta Ltd. (“210”), Full Spectrum Labs Ltd. (“Full Spectrum”), and 1998643 Alberta Ltd. (“199”) (collectively, the “CanadaBis Group“) received approval from the Court of King’s Bench of Alberta (the “Court“) under the Companies’ Creditors Arrangement Act (the…