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Microsoft Russian branch declared bankrupt The Moscow Arbitrage Court has recognised the company Microsoft Rus, the Russian subsidiary of Microsoft, as bankrupt, reports RBC. The legal process was initiated by Microsoft. The debt of Microsoft Rus totaled RUB 1.54 billion. Microsoft still owns three affiliated companies in the country, but stopped its activities there in…
Spirit Airlines could liquidate as soon as this week (Image: Getty) This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more Spirit Airlines could liquidate as soon as this week amid a second bankruptcy declaration in less than a year, and a spike in fuel prices…
NCLAT Chennai Adjourns Aban Offshore CIRP Appeal Hearing to June 2, 2026 scanx.trade Read the original article here
AA Carpets and Furnishings, based in Workington, announced in a statement on social media that it had entered into insolvency yesterday, April 15. In a statement the company said it was ‘sorry to share that AA Carpets and Furnishings has entered into insolvency’, saying further information will be shared as soon as they can. AA…
AA Carpets and Furnishings, based in Workington, announced in a statement on social media that it had entered into insolvency yesterday, April 15. In a statement the company said it was ‘sorry to share that AA Carpets and Furnishings has entered into insolvency’, saying further information will be shared as soon as they can. AA…
Manchester tech firm Partful has reportedly entered insolvency just days after being shortlisted for a major industry award leaving staff scrambling for answers as well as new jobs. Staff at the 3D aftersales SaaS platform began sharing news of the company’s collapse over the past 48 hours, with multiple employees confirming they are now out…
French pulp manufacturer Fibre Excellence filed for insolvency with the commercial court of Toulouse on 13 April and is facing potential receivership proceedings. The conciliation period with the government expired on 14 April and has not yet yielded a solution for the financially stricken company. Due to its strained liquidity situation, the company had therefore…
Enters into Restructuring Support Agreement with Majority of Lenders to Substantially Reduce Debt, a Key Pillar of the WIN Growth Strategy Initiates Voluntary Prepackaged Court-Supervised Process in the U.S. to Implement Financial Restructuring Plan; International Operations Excluded Serving Customers Across All Channels and Platforms as Usual; Vendors to Be Paid in Full WEST CHESTER, Pa.,…
New Chambers is pleased to announce the outstanding recognition of our barristers in the 2027 editions of Best Lawyers in Australia, Best Lawyers: Ones to Watch in Australia, and the prestigious “Lawyer of the Year” awards, with 26 barristers recognised across more than 20 diverse practice areas.…