Source: Business Times Article Date: 28 Dec 2024 Author: Tay Peck Gek This comes after the family agreed to pay US$3.5b to the court-appointed liquidators of the company and top creditor HSBC. Hin Leong’s founder Lim Oon Kuin and…
Former prime minister Nawaz Sharif’s son Hasan Nawaz Sharif. — AFP/File LONDON: Hasan Nawaz Sharif has been declared bankrupt by the London High Court, according to the court papers. Hasan Nawaz — the younger son of former prime minister Nawaz Sharif — has been declared bankrupt in a tax and liability case of the UK…
BANKRUPT Katie Price has revealed her plans to make £500million in the next three years. Former glamour model Katie, 46, has revealed in her podcast, The Katie Price Show, that she wants to have made £500m by 2028. 5 Katie Price has shared her plans for making £500m in the next three yearsCredit: Splash 5 The…
Ministry delists 26 bankrupt private security firms Khmer Times Read the original article here
R3’s analysis of Creditsafe data showed a minor drop from 211 in November to 203 in December. This figure, which includes administrator and liquidator appointments and creditors’ meetings, is significantly lower than October’s 293, the highest since March 2022. The South East’s insolvency-related activities are the sixth highest in the UK, behind Greater London, the…
The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea against HUL, filed by an operational creditor seeking initiation of insolvency proceedings against the FMCG major. The appellate tribunal has upheld an order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which on September 5, 2024 had set…
(Bloomberg) — Holdout creditors who claim tainted baby powder gave them ovarian cancer urged a judge to reject Johnson & Johnson’s plan to force an end to all related cancer lawsuits. The proposed settlement — worth more than $8 billion — wrongly denies ovarian cancer victims the right to pursue their claims in court, lawyers…
German energy retailer Otima declares itself insolvent as energy crisis bites Reuters.com Read the original article here
Former Singapore oil tycoon OK Lim and children declared bankrupt over Hin Leong debts MSN Read the original article here
MLT Aikins lawyers Dana Nowak and Paul OIfert will be featured panellists at the Annual Review of Insolvency Law (ARIL) February 7 in Montreal. Discussions will focus on two topics: environmental regulatory cleanup obligations when a company is insolvent, and what Canadian companies need to know about the limitations period in insolvency proceedings. Panel: “Calming…