Building boss bankrupt, company collapses – news.com.au
Building boss bankrupt, company collapses news.com.au Read the original article here
NCLAT Stays Coffee Day Enterprises Insolvency Proceedings: Rediff Moneynews
The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates Cafe Coffee Day chain, till the next hearing. New Delhi, Aug 14 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates Cafe Coffee…
Red Lobster files for bankruptcy
New York CNN — Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy. The company said it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell…
Katie Price reveals she’s flying back to Turkey AGAIN so she can ‘change her veneers’ after judge issued arrest warrant when she failed to turn up at bankruptcy hearing
She instantly became a pop culture icon after bursting into the public eye as loudmouthed Page 3 girl, Jordan. Having tried her hand at modelling, singing, presenting, campaigning and reality TV, the glamour model quickly became a household name in Britain. Yet while Katie Price‘s moniker will ring a bell for both young and old,…
US lenders push Indian ed-tech giant Byju’s towards insolvency
New Delhi: India’s top court on Wednesday revived insolvency proceedings against education technology company Byju’s following a lawsuit by a trust representing U.S. lenders who say they are owed $1 billion by the company. The Supreme Court order is a setback for founder Byju Raveendran whose eponymous online coaching company was valued at $22 billion…
It’s more than shrimp: What led to Red Lobster’s bankruptcy
Red Lobster declared bankruptcy Monday — punctuating a five-year chapter marked by traffic declines, inconsistent sales and dwindling cash. The restructure will result in a leaner company, smaller menu and better capital structure, per a plan laid out in a court filing by CEO Jonathan Tibus. The restaurant chain, which was established in 1968, has long…
If a Crypto Exchange Goes Bankrupt, What Happens?
Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Several crypto platforms have filed for bankruptcy in 2022…
Supreme Court Stays NCLAT Order Allowing Settlement
The Supreme Court today (August 14) stayed the NCLAT order which closed the insolvency proceedings initiated by the Board of Controllers of Cricket in India (BCCI) against ed-tech firm BYJU’s over the dues of Rs. 158 Crores based on a settlement between the parties. The bench led by CJI DY Chandrachud comprising Justices JB Pardiwala…
Customers say they can’t access funds
Sarinyapinngam | Istock | Getty Images A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents. Since last year, Synapse, an Andreessen Horowitz-backed startup that serves as a middle man between customer-facing fintech…
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk – The Brussels Times
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk The Brussels Times Read the original article here