The Dutch fashion chain Gerry Weber has been declared bankrupt by the court in Amsterdam on April 2, 2025, marking a significant downturn for the company that has been facing financial difficulties for some time. The bankruptcy comes after the company had already requested a suspension of payments earlier this week, indicating the severity of…
Stockholm | Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country’s largest corporate failures and effectively ending Europe’s best hope of developing a rival to challenge China. The Swedish company has received more than $US10 billion ($15 billion) in equity, debt and public financing…
By Vince Sullivan · April 2, 2025, 4:51 PM EDT The former national phone company of Peru, advised by lawyers from White & Case LLP, is navigating a Chapter 15 case in Texas to obtain recognition of its Peruvian insolvency proceedings, which… To view the full article, register now. Read the original article here
The company behind Bower Place shopping centre’s Sunterra Market has filed notice for protection under bankruptcy and insolvency laws to give it time for financial restructuring. Sunterra Farms Ltd., Sunterra Food Corp., Sunterra Quality Food Markets Inc., Sunwold Farms Ltd. and Trochu Meat Processors all filed notice on March 24 to creditors that they were…
The company behind Bower Place shopping centre’s Sunterra Market has filed notice for protection under bankruptcy and insolvency laws to give it time for financial restructuring. Sunterra Farms Ltd., Sunterra Food Corp., Sunterra Quality Food Markets Inc., Sunwold Farms Ltd. and Trochu Meat Processors all filed notice on March 24 to creditors that they were…
Billboard Women in Music 2025 Village Roadshow Entertainment Group, the renowned film producer and financier that has backed “The Matrix,” “Ocean’s Eleven,” “Joker” and “The Lego Movie” franchises, has filed for bankruptcy protection in the U.S. The U.S. company filed for Chapter 11 in Delaware on Monday, with $223.8 million in asset-backed secured notes and…
Open this photo in gallery: The One condominium and hotel under construction at the intersection of Yonge St. and Bloor St. in Toronto on Oct. 23, 2023.Arlyn McAdorey/The Canadian Press A recent court judgment against a company controlled by Toronto-area real estate developer Sam Mizrahi over a $12.9-million loan made against an Ottawa condominium project…
Simbhaoli Sugars Appoints New Company Secretary Amid Insolvency Proceedings TipRanks Read the original article here
This comes after the family agreed to pay US$3.5 billion to the court-appointed liquidators of the company and top creditor HSBC HIN Leong’s founder Lim Oon Kuin and his two children were declared bankrupt last week, the electronic government gazette published on Friday (Dec 27) showed. Better known in the oil trading industry as OK…
Goodtech Solutions AB Declared Insolvent, Financial Implications for Goodtech ASA TipRanks Read the original article here