I nearly went bankrupt due to my extravagant lifestyle – Bella Shmurda confesses – GhanaWeb
I nearly went bankrupt due to my extravagant lifestyle – Bella Shmurda confesses GhanaWeb Read the original article here
Parliament amends IBC to speed rescue of viable firms – NewsBytes
Parliament amends IBC to speed rescue of viable firms NewsBytes Read the original article here
Fresh IBC amendments: How govt looks to plug gaps in insolvency code | Explained News
The Parliament on Wednesday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026. The IBC was enacted in 2016 to create a time-bound mechanism to deal with companies that default on their loans — by reviving them through resolution or liquidating them if resolution is not possible. The amendment seeks to speed up the resolution…
Mirziyoyev Outlines Major Reform of Insolvency System — UzDaily.uz
Tashkent, Uzbekistan (UzDaily.com) — President Shavkat Mirziyoyev reviewed a presentation on reforming the country’s insolvency framework and introducing new approaches to financially rehabilitate struggling enterprises. Uzbekistan has been steadily implementing measures to develop the private sector, support entrepreneurship, and create a more favorable business environment. As a result, the number of individual entrepreneurs has exceeded 300,000,…
Meet The Attys Guiding Dating Service Co. Spark In Ch. 15
By Rick Archer · April 3, 2026, 3:54 PM EDT German dating service company Spark Networks had retained a team from Boies Schiller Flexner LLP to guide it through its return to the U.S. bankruptcy system as it seeks recognition under… To view the full article, register now. Read the original article here
Another airline declared bankrupt, all flights off
If an airline does not voluntarily file for bankruptcy, it can also lose its air operator’s certificate (AOC) over the state of its finances. In the U.S., the certificate that grants an airline permission to sell and run flights is given out by the Federal Aviation Administration (FAA) and requires the holder to prove that…
Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedings
Promoters or directors who have provided surety for a stressed company’s debt will be required to declare their holdings of crypto, jewellery, works of art, high-end watches, beneficial ownerships and foreign assets, as part of reporting personal wealth during bankruptcy resolution, according to the draft regulations floated by the insolvency regulator. The personal guarantors to…
Smiths City owner declared bankrupt at High Court
The owner of collapsed large retailer Smiths City has been declared bankrupt. Colin Ashley Neal was adjudicated to be bankrupt by Justice Rob Osborne at the High Court at Christchurch just after 10am on April 1. Bankruptcy proceedings were called by Tower Rail Precinct Limited against Mr Neal over a breach of contract. His plight…
Another airline declared bankrupt, all flights off
If an airline does not voluntarily file for bankruptcy, it can also lose its air operator’s certificate (AOC) over the state of its finances. In the U.S., the certificate that grants an airline permission to sell and run flights is given out by the Federal Aviation Administration (FAA) and requires the holder to prove that…
Another airline declared bankrupt, all flights off
If an airline does not voluntarily file for bankruptcy, it can also lose its air operator’s certificate (AOC) over the state of its finances. In the U.S., the certificate that grants an airline permission to sell and run flights is given out by the Federal Aviation Administration (FAA) and requires the holder to prove that…