One of Chile’s leading fruit exporters, Exportadora Santa Cruz, has filed for bankruptcy with debts of around US$55bn. It follows a second failed reorganisation process embarked on by the company in less than a year, prompting creditors to request forced liquidation due to non-compliance with the reorganisation plan. The 1st Civil Court of Santiago declared…
MT Educare discloses continued loan defaults amid ongoing insolvency process TipRanks Read the original article here
REVEALED: Liquidator appointments for businesses in the Douglas council area for March 30 The Cairns Post Read the original article here
By Shailesh Yadav | Updated: Mar 31, 2026 13:38 IST New Delhi [India], March 31 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) has found multiple procedural and disclosure lapses by insolvency professional Hitesh Goel in the corporate insolvency resolution process (CIRP) of Supertech Ltd, particularly its Eco Village-II project.In an order dated March…
NEW DELHI: The Lok Sabha on Monday approved the Insolvency and Bankruptcy Code (Amendment) Bill, aimed at speeding up insolvency proceedings to resolve cases related to defaulting companies. The Bill introduces a mandatory 14-day timeline for admitting insolvency applications once a company’s default has been established. Finance Minister Nirmala Sitharaman said that the government has…
Lipella files for bankruptcy, ending dream of developing mouth inflammation drug Fierce Biotech Read the original article here
The Government Isn’t ‘Insolvent.’ Its Fiscal Picture Still Needs Fixing. Barron’s Read the original article here
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Rex International Holding Limited – Detailed Update on Lime Petroleum Holding Default Key Highlights from the Report Event of Default Declared: The bond trustee for Lime Petroleum Holding AS (“LPH”) has formally notified bondholders that an Event of Default has occurred and is ongoing in respect of LPH’s 2027 and 2028 bonds. Reasons for Default:…
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