Katie Price has had her bankruptcy court case adjourned until next month, in the latest hearing to resolve her ongoing financial troubles. The former glamour model was arrested at Heathrow Airport last month and appeared in court several days later where she was told by the judge that she must be present at all future…
German biomethane supplier Landwärme has today declared insolvency under the country’s self-administration procedure and has initiated restructuring measures “to overcome the consequences of the ongoing decline in prices of German greenhouse gas (GHG) emission reduction quota”. Self-administration proceedings are a proven legal framework in German restructuring law analogous to the US’ Chapter 11 bankruptcy proceedings.…
Bexley Beaumont reinforces restructuring and insolvency team with double hire Insider Media Read the original article here
Insolvencies rose 12.1 per cent last year compared with 2023, with business insolvencies leading the way, up 28.6 per cent. Construction, transportation and warehousing, and accommodation and food services were the sectors that saw the biggest increases in insolvencies in 2024, according to the Office of the Superintendent of Bankruptcy. Insolvencies include both bankruptcies and…
Macau Asia Satellite Television (MAST) was declared bankrupt by the Court of First Instance last week, TDM reports. The troubled Chinese-language broadcaster’s creditors have until mid-September to file their repayment claims. Established in 2001, MAST has been engaged in labour disputes since around 2018 – both in Macao and in Taiwan. The station broadcasts in…
OTTAWA — Insolvencies rose 12.1 per cent last year compared with 2023, with business insolvencies leading the way, up 28.6 per cent. Construction, transportation and warehousing, and accommodation and food services were the sectors that saw the biggest increases in insolvencies in 2024, according to the Office of the Superintendent of Bankruptcy. Insolvencies include both…
New Year hangover: company liquidations jump in January The Press Read the original article here
A former Aberdeen takeaway boss has been banned from being a company director for seven years after employing three illegal workers. Qiqing He, 54, hired the workers at the now-closed Chinese Cooking takeaway on Holburn Street. Immigration Enforcement officials raided the premises in September 2022 and discovered three workers, all Chinese nationals in their 50s…
Wood Markets News Rettenmeier Holding Acquires Large Share of Insolvent Ziegler Group’s Operations International Markets Posted on February 3, 2025 The timber group Rettenmeier Holding AG has acquired the sawmill and other significant parts of the wood processing division of the Ziegler Group, its insolvency administrator announced on Friday, BR24 reported (1-31-25). Specifically, Rettenmeier will…
Articles – Landmark Judgments of Supreme Court on Insolvency and Bankruptcy Code (IBC) The Law Advice Read the original article here