Richard Balfour-Lynn, the property and wine mogul, has been made bankrupt after failing to pay millions of pounds in compensation to investors over a stock market scandal at the former owner of Liberty, the luxury retailer. Balfour-Lynn, 71, said he did not “have the means to pay the high levels of compensation” ordered by the…
The dust is still settling from SunPower’s collapse, and it’s still not clear how bankruptcy proceedings will impact the company’s ability to serve its remaining customers. However, SunPower isn’t the first solar company to go bankrupt, so there is precedent we can study. In the meantime, here are some steps you can take if you…
A Total Of 5,272 Youths Declared Bankrupt Since 2020 BERNAMA Read the original article here
A Total Of 5,272 Youths Declared Bankrupt Since 2020 BERNAMA Read the original article here
Edward Koemans: “Business model was not future-proof” On 12 March 2025, the Rotterdam District Court declared Davis Europe bankrupt, appointing Mr A.C.L. Beneder as trustee. In a statement, CEO Edward Koemans explained that the company had experienced rapid growth prior to…
13 firefighters declared bankrupt taken disciplinary action MSN Read the original article here
No funds for unsecured creditors of Mackenzie tyre company The Press Read the original article here
New Delhi: A vendor of Ola Electric Mobility Limited — Rosmerta Digital Services Private Limited — has filed an insolvency petition against a wholly owned subsidiary of the electric two-wheeler maker over alleged non-payment of dues. The vendor of Ola Electric Technologies Private Limited has approached the National Company Law Tribunal (NCLT) in Bengaluru, claiming…
TVB actor Vinci Wong declared bankrupt over unpaid loan of $360K MSN Read the original article here
The insolvency petitions against Ola Electric Technologies are only the latest in a series of troubles the company is facing. A Bloomberg News investigation recently found that over 95% of Ola’s 4,000 showrooms did not have the required approvals to display or sell unregistered vehicles. This led transport authorities in several states to conduct raids,…