Italian concept store Modes goes into liquidation
Translated by Nicola Mira Published May 22, 2025 … Read the original article here
Air Belgium has gone bankrupt, and thousands of passengers are unlikely to get refunds
A travel agency group is calling for EU law to be changed after a Belgian airline was liquidated last month, leaving “thousands unlikely to receive refunds”, and putting the financial burden on travel intermediaries. Air Belgium, a cargo airline that used to run passenger flights, has been taken over by a shipping company after the…
Air Belgium has gone bankrupt and thousands of passengers are unlikely to get refunds
Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email A travel agency group is calling for EU law to be changed after a Belgian airline was liquidated last month, leaving “thousands unlikely to receive refunds”, and putting the financial burden…
Katie Price’s torrid 12 months from dramatic tweakments to bankruptcy woes
Over the last 12 months, Katie Price has been embroiled in ongoing drama over her bankruptcy, undergone a whole host of cosmetic procedures – and her romance with JJ Slater has been plagued by rumours 13:26, 22 May 2025Updated 13:32, 22 May 2025 Katie’s last year has been a whirlwind(Image: Instagram) The last year has…
Hong Leong Bank negligently released RM1.2mil to insolvency dept, rules court
The Court of Appeal has ordered Hong Leong Bank to pay RM1,270,262.15 to Ten Jing Enterprise Sdn Bhd, together with interest and costs, after finding the bank guilty of negligence in the release of company funds. PUTRAJAYA: The Court of Appeal has affirmed that Hong Leong Bank was negligent in breaching a seizure order under…
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Rudy’s Coffee Roastery Also Just Went Bankrupt
Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty Rudy Giuliani needs a little coffee money—and so does the Miami-based roastery that’s scooping out the once-beloved mayor’s new line of signature java blends. A very caffeinated-sounding Giuliani provoked online mockery on May 19 when he appeared on a computer-generated background to hawk Rudy Coffee, the latest in…
The Container Store could be the next big chain to go bankrupt
New York CNN — Even the power of Marie Kondo may not be enough to save the Container Store. In 2019 and 2020, the Container Store got a big boost from “Tidying Up,” the hit Netflix show from the home de-cluttering evangelist. Customers rushed into stores to buy storage bins, pantry and drawer organizers, shelves…
Indonesia’s Attorney-General’s Office arrests CEO of textile giant Sritex in corruption probe
JAKARTA – The president director of bankrupt Indonesian textile giant Sritex has been arrested as part of a corruption investigation, Indonesia’s Attorney-General’s Office (AGO) said on May 21. The AGO confirmed to Reuters that the arrest of Mr Iwan Kurniawan Lukminto was due to alleged irregularities related to a bank loan provided to Sritex. Local…
Indonesia’s collapsed textile giant Sritex faces delisting as former executive named suspect in bank loan scandal
[JAKARTA] Indonesia’s collapsed textile giant Sri Rejeki Isman (Sritex) is facing potential delisting from the Indonesia Stock Exchange (IDX) after the Attorney General’s Office (AGO) named a former executive as a suspect in a corruption case involving the alleged misuse of bank loan facilities. IDX director I Gede Nyoman Yetna said on Thursday (May 22)…