Native Instruments issues statement as it enters full insolvency

Native Instruments’ CEO has issued a statement following news that the music tech company has entered full insolvency proceedings. Sharing a statement via the company’s blog yesterday, CEO Nick Williams explained that Native Instruments will now transition “from ‘preliminary insolvency’ into formal ‘insolvency’ proceedings where applicable”. “As part of the restructuring process, Native Instruments GmbH…

‘No room for complacency’ as construction insolvencies drop but risks remain

Karl Horton, data services director at Building Cost Information Service (BCIS), cautioned that there is “no room for complacency”, as insolvencies remain above pre-pandemic levels. He warned that ongoing geopolitical uncertainties could push costs higher and affect project viability, leading to more insolvencies if instability continues. Kelly Boorman, national head of construction at RSM UK,…

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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…

General contractor of the Podil Bridge declared bankrupt — what it means for completion and budgetary risks

Brief On March 12 the Kyiv Commercial Court officially declared bankrupt the general contractor of the Podilskyi Bridge construction — LLC “Eko‑Bud‑Trade.” The court stated the enterprise’s critical insolvency and the absence of assets capable of covering its debts. “The company’s financial condition is characterized by signs of critical insolvency. No assets of the debtor…

Hospitality sector insolvencies rise – Credit Connect

Latest Insolvency Service data show that accommodation and food services insolvencies rose 9% month-on-month, from 205 in December 2025 to 223 in January 2026. However, insolvencies in the sector dropped 18% year-on-year from 273 in January 2025. RSM UK says that this uptick, while concerning in the short term, is set against a more favourable year-on-year backdrop. This suggests…

British gas company at risk as it enters administration

Utility Meters Warehouse Ltd, based in Manchester, launched back in March 2013 and is “the UK’s Premier One-Stop Solution Company for Gas Pressure Control & Measurement Equipment”. The company deals with gas pressure regulators, gas meter modules, and gas volume converters. The Utility Meters Warehouse Ltd website adds: “Our mission as the UK’s Premier One-Stop…

US Bankruptcy Court denies debtor’s motion to dismiss involuntary petition in deference to foreign proceeding | Restructuring touchpoint | Global law firm

On March 3, 2026, the United States Bankruptcy Court for the Southern District of New York (“US Bankruptcy Court”) issued an opinion denying Xinyuan Real Estate Company Limited’s (“Debtor”) motion to dismiss an involuntary chapter 11 petition (“Chapter 11 Case”). As a result, a Cayman Islands debtor, with minimal contact to the US but meaningful…