BC.Game responds after reports that company was declared bankrupt – Gambling Insider
BC.Game responds after reports that company was declared bankrupt Gambling Insider Read the original article here
Katie Price has bankruptcy case ‘discharged’ at court hearing
Former glamour model Katie Price is to have one of her two bankruptcies discharged following a hearing at a specialist court in London. The 46-year-old was due to face questions over her finances on Tuesday at a hearing known as a public examination after first being declared bankrupt in 2019. Bankruptcy orders typically end after…
Telefónica files for insolvency in Peru
Telefónica’s Peruvian unit has filed to begin voluntary insolvency proceedings. The carrier, a subsidiary of Spanish telco Telefónica, kicked off the insolvency process late last week after failing to find a buyer. According to a regulatory filing, the process will take place in Peru and aims to help the company restructure its finances and operations…
IBC Weekly Round-Up [10th February -16th February 2025] – Live Law – Indian Legal News
IBC Weekly Round-Up [10th February -16th February 2025] Live Law – Indian Legal News Read the original article here
Manguard Plus: Northern Ireland security firm calls in its creditors as liquidator due to be appointed
Tearidge Limited trades as Manguard Plus in NI and employed an average of 116 people in 2022 Tearidge Limited trades as Manguard Plus in Northern Ireland and employed an average of 116 people in 2022, according to its most recently published set of financial results. The business had a revenue of over £3.96m in 2022.…
Non-Registration Of “Charge” U/S 77 Of Companies Act Does Not Bar Creditor From Being Treated As “Secured Creditor” Under IBC During CIRP: NCLAT
The National Company Law Appellate Tribunal (NCLAT), New Delhi bench comprising Justice Yogesh Khanna (Judicial Member) and Mr. Arun Baroka (Technical Member) have held that non-registration of “charge” in terms of Section 77 of Companies Act, 2013 is not a sine qua non for a Creditor to be treated as a “Secured Creditor” under section…
27 famous figures who went bankrupt
Filing for bankruptcy carries a heavy stigma, but when individuals can’t settle their liabilities it can be the only option. Disastrous risk-taking, dodgy dealing, runaway spending, a hefty tax bill, or just plain bad luck can propel a person into financial hell – and the richer they are, the harder they fall. Read on to discover 27 prominent…
French Firm under Contract to Supply 12,000 Rifles to Ukraine Goes Bankrupt
French firearms manufacturer Verney-Carron, which had a contract to supply Ukraine with assault rifles, has declared bankruptcy, according to its parent company, CYBERGUN. The company has stopped paying wages and suspended production due to a complete freeze on its finances. Verney-Carron, which has a two-century history, currently holds a debt of €1 million. Despite receiving…
Ransomware, disease and ‘ultra low-cost retailers’: Why 3 iconic Canadian clothing stores went broke
For three weeks in November and December 2021, iconic Canadian clothing chains Bootlegger, Cleo and Ricki’s found themselves paralyzed — staring down the barrel of the “critical holiday season” but prevented by ransomware from moving inventory. The attack occurred on Nov. 23, but the businesses weren’t able to regain access to their internal systems until Dec.…
Stockton sub-postmaster compensated after Horizon IT scandal
Keith Bell, who ran the Bishopton Road Post Office in Stockton, spent 20 years blaming himself for shortfalls on his accounts until he watched ‘Mr Bates v The Post Office’ and felt like his life was unfolding on TV. He went from living a comfortable life to being bankrupt and even lost his new job…