The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
Alterna Capital Partners has joined the queue of lessors at India’s National Company Law Tribunal (NCLT) seeking to have SpiceJet (SG, Delhi International) declared insolvent. An Alterna special purpose vehicle (SPV) is attempting to enforce a March 2023 UK High Court judgement awarding it more than USD11 million. The matter of Alterna Aircraft V B…
There’s a growing sense Fisker is circling the drain, with the automaker’s Austrian division filing for bankruptcy protection overnight. In a statement Fisker said its Austrian arm has “voluntarily filed to open a restructuring proceeding via self-administration”. Business publications suggest this period of self-administration is similar to Chapter 11 bankruptcy protection in the US. The…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
Dutch retail chain Handyman declares bankruptcy in The Hague The Brussels Times Read the original article here
Pieter Paul van den Hoven, the founder of Amsterdam-based StoreShippers, a provider of last-mile e-commerce delivery services, recently announced the decision to shut the operation through a LinkedIn post. “As I close this chapter, I’m still excited about e-commerce, logistics, and the value of technology in this space. I’m currently exploring new opportunities and would…
Cascap Advisory’s Brian Silvia. When you profess expertise in cost control, cashflow management and the sundry other indicia of insolvency, acquired during a career spanning decades, receiving a winding up notice must come as a surprise. When that notice is filed in a court by lawyers acting on behalf of the Australian Taxation Office (ATO),…
The retail group which owns the iconic Berlin department store KaDeWe and two other large luxury German shopping malls has declared bankruptcy, the corporation announced in Berlin on Monday. KaDeWe Group, part of the troubled Signa real estate empire, is 49.9% owned by Signa Retail, an Austrian-based property empire which itself filed for insolvency last…
Katie Price has arrived at the Royal Courts of Justice in London for a hearing related to her bankruptcies following her arrest at Heathrow Airport. The former glamour model arrived on foot through the main entrance wearing a beige outfit and black head covering on Friday, surrounded by photographers, ahead of a hearing due to…
The rapid surge that put construction industry insolvencies up more than one-third on their total last year is set to ease, Commonwealth Bank of Australia’s business banking head says. Australia’s largest bank watched the Australian Securities and Investments Commission’s insolvency statistics “very closely”, Mike Vacy-Lyle said. These showed property businesses were suffering from rising labour…