REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
UK hotel that collapsed into administration rescued from insolvency – 60 jobs saved | UK | News
A UK hotel has been rescued after collapsing into administration, with 60 jobs saved. Mersey View Pleasure Grounds Limited, the company behind Forest Hills Hotel in Frodsham, Cheshire, appointed administrators on March 17. Lisa Moxon and Christopher Benjamin Barrett of DSW Business Recovery began a sales process for the hotel, which has been in business…
Four Nacon subsidiaries file for insolvency
Nacon subsidiaries Spiders, Kylotonn, Cyanide, and Nacon Tech have filed for insolvency. As Game Developer reports, the France-based studios have commenced reorganisation proceedings at the Lille Métropole Commercial Court. Spiders is known for working on Greedfall franchise, Kylotonn oversees the World Rally Championship series, and Cyanide worked on the Styx and Blood Bowl franchises. All…
French gaming studios Spiders, Kylotonn and Cyanide declared insolvent – Mezha
French gaming studios Spiders, Kylotonn and Cyanide declared insolvent Mezha Read the original article here
French gaming studios Spiders, Kylotonn and Cyanide declared insolvent – Mezha
French gaming studios Spiders, Kylotonn and Cyanide declared insolvent Mezha Read the original article here
Insolvency hits Austrian furniture manufacturer as 180 jobs are at risk
An Austrian furniture manufacturer has filed for insolvency, placing around 180 jobs at risk and delivering what local officials describe as a major blow to the regional economy. The company, based in eastern Styria, plans to continue operations in a reduced form…
Four Nacon-owned studios file for insolvency – Spiders, Cyanide, Kylotonn and Nacon Tech
Four Nacon subsidiary studios have filed for insolvency earlier this week, as the French publisher tries to dig its way out of financial crisis. As of Monday 23rd March, game developers Spiders (GreedFall, Steelrising), Cyanide (Styx, Blood Bowl, Tour de France), Kylotonn (Test Drive Unlimited Solar Crown, WRC) and motion capture company Nacon Tech have…
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Four hidden stories in the New Fortress Energy bankruptcy – Institute for Energy Economics and Financial Analysis (IEEFA)
Four hidden stories in the New Fortress Energy bankruptcy Institute for Energy Economics and Financial Analysis (IEEFA) Read the original article here
India’s Insolvency Law: Revival Aim Hits Roadblock of Closures
The Paradox: More Closures Than Revival? India’s Insolvency and Bankruptcy Code (IBC) was designed to resolve and revive struggling companies. Yet, a significant majority of cases now end in liquidation instead of successful recovery plans. Data from the Insolvency and Bankruptcy Board of India (IBBI) suggests the IBC is increasingly becoming a tool for faster…