Native Instruments CEO Nick Williams has issued an official update on the company’s insolvency proceedings, reiterating its determination to “secure a healthy, financially sustainable future”. Native Instruments caused a ripple in the music production world when it announced it was entering preliminary insolvency proceedings in January 2026. NI is one of the world’s leading manufacturers…
The Supreme Court of India on Tuesday dismissed a civil appeal filed by UP Jal Vidyut Nigam Limited (UPJVNL), challenging the treatment of its claims in the insolvency resolution of Essar Power MP Limited (now Mahan Energen Limited), holding that no interference was warranted particularly after implementation of the resolution plan. A division Bench of…
When it was revealed in January that Native Instruments was involved in preliminary insolvency proceedings, it caused understandable concern among the company’s base of users. As the developers of Maschine, Kontakt, Reaktor and Traktor, NI is responsible for multiple product lines that musicians rely on day-to-day. Were support to be pulled for these, it would…
A business adviser from Surrey has been disqualified as a company director for a second time after failing to pay more than £100,000 in tax. Richard Beal was the sole director of management consultancy firm Larter Beal Limited, which owed more than £70,000 in corporation tax and £50,000 in VAT when it went into liquidation…
Berlin DJ Tech Firm Woos Buyers After Private Credit Walks Away Bloomberg.com Read the original article here
Alexander Greensill has failed in his bid to have disqualification proceedings dismissed, with the High Court ruling that the claim should proceed to trial. The High Court has refused an application by financier Alexander David Greensill to strike out disqualification proceedings brought by the Secretary of State for Business and Trade, ruling that it is…
Berlin-based hard- and software company Native Instruments GmbH is in preliminary insolvency according to official documents. At the end of January, shocking news hit the music tech world: Native Instruments filed for preliminary insolvency. Since then, there has been no news about the next steps or the current status. Now, however, CEO Nick Williams has…
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