Company insolvencies rise 17% on year in England and Wales – Reuters UK
Company insolvencies rise 17% on year in England and Wales Reuters UK Read the original article here
SC refuses to stay CoC operations in Byju’s insolvency case | Latest News India
The Supreme Court on Thursday declined to stay the operations of a recently formed Committee of Creditors (CoC) overseeing the corporate insolvency resolution process (CIRP) initiated against the embattled ed-tech giant Byju’s, stating that the court would examine the merits of the case before issuing any further orders. A bench, led by Chief Justice of…
London taxi driver hit with 11-year sanctions after falsely claiming two covid loans | Insolvency Service
Ilford taxi and delivery driver claimed £100,000 of Bounce Back Loans and failed to spend the money on his businesses Hafiz Saeed Ahmad, of Ilford, overstated the turnover for two businesses to falsely claim a total of £100,000 from the covid loan scheme Ahmad claimed the maximum loan of £50,000 each for his taxi and…
Lusix employees get a reprieve as Landa and Frenkel infuse fresh capital
Benny Landa, along with other shareholders, Aaron Frenkel and Dudi Weisman, have agreed to inject capital into Lusix, the laboratory diamond company, to cover August salaries for all employees and provide severance pay for those who were laid off, including the cost of the 30-day advance notice. Lusix, which is burdened with a debt of…
Chapter 11 status for Dutch wholesaler and cycling gear brand AGU – Bike Europe
Chapter 11 status for Dutch wholesaler and cycling gear brand AGU Bike Europe Read the original article here
London taxi driver hit with 11-year sanctions after falsely claiming two covid loans | Insolvency Service
Ilford taxi and delivery driver claimed £100,000 of Bounce Back Loans and failed to spend the money on his businesses Hafiz Saeed Ahmad, of Ilford, overstated the turnover for two businesses to falsely claim a total of £100,000 from the covid loan scheme Ahmad claimed the maximum loan of £50,000 each for his taxi and…
Another Solar Company Goes Bust
One of the largest residential solar installers in the nation has abruptly shut its doors and filed for bankruptcy in the latest blow to a troubled industry. Titan Solar, which installed thousands of systems across the U.S., informed its employees June 13 that it was “closing its doors,” having failed to secure a buyer for…
Katie Price’s TikTok income to be suspended – as she fails to attend latest bankruptcy hearing | Ents & Arts News
Katie Price’s TikTok income is to be suspended, amid ongoing measures to resolve a bankruptcy case against her, a court has ruled. The 46-year-old glamour model – who was introduced using her legal name Katerina Price – did not attend the virtual hearing despite being served notice at her given addresses. Image: Price with boyfriend…
Bird Flies Again From Bankruptcy With a New, Regulator-Friendly Strategy – Inc.
Bird Flies Again From Bankruptcy With a New, Regulator-Friendly Strategy Inc. Read the original article here
Britain is 'broke and broken', new government declares – Reuters UK
Britain is ‘broke and broken’, new government declares Reuters UK Read the original article here