Party says Jabu Mbalula’s appointment highlights gross failure in governance and accountability ActionSA demands accountability for the appointment of insolvent acting Premier Jabu Mbalula 19 December 2024 ActionSA is deeply concerned about the shocking revelations surrounding the appointment of Jabu Mbalula as Acting Premier of the Free State. This appointment, marred by allegations of insolvency…
Image credit: Lilium Lilium Aerospace has filed for insolvency again after a last-ditch funding deal collapsed, marking the end of the German eVTOL developer’s turbulent journey. A group of investors had pledged more than €200 million to revive Lilium after its initial insolvency in October, but the funds never materialised. With no viable alternatives, the…
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Insolvency law: Council settles on position for core capital markets union legislation consilium.europa.eu Read the original article here
In a concerning trend, Western Australia has witnessed a staggering 42 per cent increase in business insolvencies, with more than 1000 businesses collapsing between January and December last year. The alarming statistic, revealed by recent analysis, underscores the dire straits faced by small business owners in the state. The construction and hospitality sectors have borne…
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed MSN Read the original article here
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed MSN Read the original article here
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed MSN Read the original article here
Company collapses in Western Australia have surged 24 per cent, with more than 1200 businesses plunging into insolvency in 2024. 9News Perth and WAtoday can reveal new figures from the Australian Securities and Investments Commission, analysed and provided by WA Senator Dean Smith, which showed construction and hospitality companies were among the hardest hit. Construction…
Think back, if you will, to the beginning of January 2025. In the midst of all the rough KTM insolvency news, that’s also when we learned about another business that was about to bite the dust thanks to the situation. It was a metal foundry called Vöcklabrucker Metallgießerei GmbH, and this firm had apparently been around…