One of the largest cannabis firms in Maryland seeks bankruptcy protection – The Business Journals
One of the largest cannabis firms in Maryland seeks bankruptcy protection The Business Journals Read the original article here
‘How I nearly went bankrupt,’ Bella Shmurda opens up – P.M. News
Entertainment Bella Shmurda Quick Read Nigerian Afrobeats singer Abiola Ahmed Akinbiyi, popularly known as Bella Shmurda, has opened up on nearly going bankrupt after fame… … Read the original article here
Penfolds owner Treasury Wine Estates faces ‘elevated risk’ of bankruptcy, short seller says
The owner of the iconic Penfolds wine is facing “elevated risk” of bankruptcy after it posted an eye-watering $650 million loss and questions grow over its controversial $1.3 billion bet on a luxury California vineyard. Plato Global Alpha Fund, a $3.4 billion Sydney-based investment manager, this week warned the embattled Treasury Wine Estates (TWE) could…
AS Monaco avoid bankruptcy, court postpones case to June
AS Monaco avoided immediate bankruptcy as the court postponed its financial case to June 12, 2026, giving the club temporary stability while its long-term future remains uncertain. AS Monaco took an important step on Friday, April 3rd, in its financial case. Four weeks after the appointment of judicial administrator Stephane Garino, the Roca Team was…
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…
Medigene Shares Plunge to Record Low Amid Bankruptcy Uncertainty
Medigene AG shares hit a historic low of €0.024, erasing nearly all market value amid ongoing bankruptcy proceedings and a lack of communication on asset sales. The stock of German biotech firm Medigene AG experienced a dramatic single-day collapse, shedding nearly a quarter of its value. This plunge, which saw shares trading for mere cents,…
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I nearly went bankrupt due to my extravagant lifestyle – Bella Shmurda confesses
Afrobeats singer, Bella Shmurda has revealed that he nearly went bankrupt due to an extravagant lifestyle. Speaking in an interview with YouTuber Korty EO, Shmurda said accommodating and sponsoring his friends’ lavish lifestyles also drained his resources. The music star said the experience made him change his approach to money management. “I used to have…
Global airlines could go bankrupt as cost of jet fuel soars during Iran war, billionaire jet tycoon warns
A billionaire Dubai-based jet tycoon is warning that global airlines could soon go bankrupt as the Iran war squashes travel demand and sends jet fuel prices soaring worldwide. Avia Solutions Group Chairman Gediminas Ziemelis said he’s planning to shift a chunk of his business’ 145 jets from Europe to Asia and Brazil as the Middle…
New creditor-led IBC framework to put in place safeguards for stressed firm’s management
The management of a stressed company undergoing the new creditor-initiated insolvency resolution process (CIIRP) will likely be subject to checks and balances, including limits on financial transactions without the committee of creditors’ approval, a move aimed at protecting the integrity of the rescue process and curbing potential wrongdoing. The proposals are made by a panel…