Tesla CEO Elon Musk has once again voiced his concerns over US government spending. In a post on microblogging site X (formerly Twitter), Musk warned that America will go bankrupt if federal spending is not controlled. Musk quoted a post by Canadian-American venture capitalist and entrepreneur Chamath Palihapitiya that said that anyone “wishing DOGE to…
Court freezes Qartaba property assets The Australian Read the original article here
Youth bankruptcy soars: 5,272 under 34 hit by insolvency New Straits Times Read the original article here
A TOTAL of 5,272 youths under the age of 34 have been declared bankrupt between 2020 and the present, revealed Youth and Sports Minister, Hannah Yeoh. Of this total, 5,189 individuals were aged between 25 and 34, while 83 others were under 25. The increasing trend of youth bankruptcies is concerning, with 877 cases recorded…
Merle Oper, 46, was the director of Tempus Admin Ltd when it applied for a Covid Bounce Back Loan (BBL) in October 2020. Tempus, based at Clevelands Drive in Heaton, applied for a loan of £50,000, which is £23,000 more than it was “legitimately entitled to”. Companies House states that there is an active proposal…
The excerpts from the famous poem by Robert Frost, The Road Not Taken,—“Two roads diverged in a yellow wood, And sorry I could not travel both…”—aptly illustrate the challenge of choosing the right forum or the ‘Adjudicating Authority’ for insolvency resolution process of personal guarantors under the Insolvency and Bankruptcy Code, 2016 (IBC/ the Code).…
A total of 5,272 youths declared bankrupt since 2020 The Malaysian Reserve Read the original article here
Northvolt said it submitted the bankruptcy filing after an “exhaustive effort to explore all available means to secure a viable financial and operational future for the company.” Northvolt’s collapse into insolvency represents a major blow to Europe’s ambition to become self-sufficient and build out its own EV battery supply chain to catch up to China.…
A two-member bench comprising Justice Rakesh Kumar Jain and Jatindranath Swain issued notice to Aakash Educational Services, Resolution Professional of Think & Learn Pvt Ltd, which operates under Byju’s brand. PTI Last Updated : 11 March 2025, 19:16 IST Follow Us : Comments Read the original article here
Northvolt bankruptcy puts future of German battery factory in doubt MSN Read the original article here