A 15% increase would see Band D household charges rising by £256 a year, from the current £1,708. The consultation comes after council leaders warned they would need to introduce “radical measures” to balance their books. In August the council wrote to the government saying it needs more support for Special Educational Needs and Disabilities…
Popeye’s. TGI Fridays. Roti. Buca di Beppo. And of course Red Lobster. These are just a few of more than a dozen high-profile restaurant chains that have declared bankruptcy in 2024. On one level, what we’re seeing is some restaurants buckle under the intense pressures the past two years have brought. There were the shortages, inflation, and…
Hunterbrook Media Claims Plug Power Could ‘Go Bankrupt Within a Year’ TipRanks Read the original article here
Home Drainage Protection Service Ltd aggressively cold-called pensioners, people with medical conditions and other vulnerable people offering fake drainage protection plans The company’s crude sales tactics included threatening people with the police and bailiffs if they did not sign up to their service The firm also made unexplained payments worth millions of pounds to dozens…
SEND deficits risk bankrupting almost three quarters of England’s largest councils by 2027, with government urged to take action County Councils Network Read the original article here
Ukraine’s National Bank declares Cominvestbank insolvent Interfax-Ukraine Read the original article here
By Martin Croucher ( December 5, 2024, 12:36 PM GMT) — Company bosses and their insurers could face increased claims next year both from a predicted rise in corporate insolvencies and class actions, Allianz warned Thursday…. Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal…
The National Company Law Tribunal, Mumbai Bench, has dismissed the company petition seeking insolvency because the financial creditor withdrew it. The Financial Creditor sanctioned a One-Time Settlement on October 1, 2024, under which the corporate debtor paid the financial creditor the entire amount of OTS of US Dollar 21,61,700. The default amount involved in this…
People › Other Published: December 2, 2024; 14:32 (Vindobona) The longstanding Austrian motorcycle manufacturer KTM is on the brink of collapse. The company filed applications for restructuring proceedings with self-administration with the Ried Regional Court. The company’s financial difficulties are serious: with liabilities of over 1.8 billion euros, the KTM crisis is one of the…
Rennie Scaysbrook | December 3, 2024 November 2024 will go down as one of the darkest periods ever for KTM, the Austrian motorcycle giant entering a self-administration debt restructuring plan with the Austrian Ried Regional Court on November 29 with reported liabilities of a staggering €2.9 billion ($3.03 billion). Self-administration is a European market measure…