Category Archives: Bankruptcy

In 2013, Nicaragua sold the concession for a canal to rival Panama to a Chinese billionaire who lost 85% of his fortune, disappeared, and was declared bankrupt. Now the project resurfaces with a new route, a new Chinese partner, and a cost of $64.5 billion.

Nicaragua Canal Project of US$ 64.5 Billion Resurfaces with Chinese Support After Previous Failure and Raises Questions About Viability and Geopolitics The groundbreaking ceremony for the Nicaragua Canal took place on December 22, 2014, in a pasture area near the town of Brito, on the Nicaraguan Pacific coast. The event brought together President Daniel Ortega…

In 2013, Nicaragua sold the concession for a canal to rival Panama to a Chinese billionaire who lost 85% of his fortune, disappeared, and was declared bankrupt. Now the project resurfaces with a new route, a new Chinese partner, and a cost of US$64,5 billion

The groundbreaking ceremony for the Nicaragua Canal took place on December 22, 2014, in a pasture area near the city of Brito, on the Nicaraguan Pacific coast. The event brought together President Daniel Ortega and Chinese businessman Wang Jing, who had received a 100-year concession to build and operate the interoceanic canal. Excavators were positioned,…

Corporate Civil Enforcement Reforms Consultation

Foreword Minister McDougall Economic Growth is this government’s number one mission. Focussing on strengthening our economy will secure strong, long-term prosperity for the British people. Central to our ambition is rebuilding economic stability, encouraging businesses to invest, and removing the barriers that hold back new industries and the development of vital infrastructure. Sustained economic growth…

Cannabis Co. Seeks Ch. 15 As It Eyes Sales Of U.S. Business

By Emlyn Cameron ( March 25, 2026, 11:41 AM EDT) — The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, asked a Delaware bankruptcy judge Wednesday to recognize the company’s Canadian insolvency in U.S. courts as it seeks to sell operations it is running in the United States…. Law360 is on…

Cannabis Co. Seeks Ch. 15 As It Eyes Sales Of US Business

By Emlyn Cameron ( March 25, 2026, 11:41 AM EDT) — The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, asked a Delaware bankruptcy judge Wednesday to recognize the company’s Canadian insolvency in U.S. courts as it seeks to sell operations it is running in the U.S…. Law360 is on it,…

French Game Industry Union Calls Out Nacon Leadership For Poor Leadership Leading to Bankruptcy

While Nacon has confirmed that it is essentially bankrupt, the company has now come under fire from French video game union Syndicat des Travailleureuses du Jeu Video. The union has called out Nacon for several of its studios, including GreedFall: The Dying Light developer Spiders, Styx: Blades of Greed developer Cyanide, and WRC developer Kylotonn…

Insolvency and Bankruptcy Code Led To Recovery Of Over Rs 4 lakh Cr From Insolvent Firms In Last 10 Years: Anurag Thakur – ETV Bharat

Insolvency and Bankruptcy Code Led To Recovery Of Over Rs 4 lakh Cr From Insolvent Firms In Last 10 Years: Anurag Thakur  ETV Bharat Read the original article here

Access Denied

Access Denied You don’t have permission to access “http://www.business-standard.com/amp/industry/news/ibc-led-to-recovery-of-over-rs-4-lakh-cr-from-insolvent-firms-in-last-10-years-anurag-thakur-126032501116_1.html” on this server. Reference #18.8ef23717.1774451665.1d0bc266 https://errors.edgesuite.net/18.8ef23717.1774451665.1d0bc266 Read the original article here

Anurag Thakur – ThePrint – PTIFeed

New Delhi, Mar 25 (PTI) The introduction of the Insolvency and Bankruptcy Code (IBC) has led to the recovery of over Rs 4 lakh crore in the last decade through the resolution of bankrupt companies, senior BJP MP Anurag Thakur said in the Lok Sabha on Wednesday. Participating in the debate on the Insolvency and…

Luxembourg music school declared bankrupt as director reported missing by police – Luxembourg Times

Luxembourg music school declared bankrupt as director reported missing by police  Luxembourg Times Read the original article here