Ghent-based chemical group DOMO Chemicals bankrupt

Ghent-based chemical group DOMO Chemicals has been declared bankrupt, De Tijd reported on Wednesday after the ruling was published in the Belgian Official Gazette. The group had already sold off most of its main international activities in recent months as it struggled with mounting financial difficulties. Last week, the Ghent Commercial Court declared three Belgian…

Insurance giant raises alarm over business insolvencies

The fallout from the Middle East conflict is reversing the economic props that have supported South African businesses, with insolvencies expected to start ticking up in 2026 after several years of decline. This year, local business insolvencies — the state in which companies can no longer pay their debts — are expected to edge up…

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Anthem Submits Bid In Addy Bankruptcy Proceeding

Vancouver-based fractional real estate investment platform Addy has officially filed a Notice of Intention to Make a Proposal (NOI) in a bankruptcy proceeding, according to filings in the Supreme Court of British Columbia. Addy Technology Corp. initiated the NOI proceeding under the Bankruptcy and lnsolvency Act on April 16, then filed an application to launch…

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Over 4,200 homebuyers get relief as Supreme Court restores insolvency plans for Earth Infra’s projects

A Bench of Justices PV Sanjay Kumar and Alok Aradhe restored the resolution plans submitted by two firms, Roma Unicon Designex Consortium and Alpha Corp Development Private Limited, for the completion of the projects The Court also criticised the Greater Noida Industrial Development Authority (GNIDA) for its persistent inaction and ineptitude. “The inertia on the…