Foreword from the Chair of the Insolvency Service Board I am delighted to introduce the Insolvency Services annual plan for 2021-2022, having been appointed Chair of the Insolvency Service Board in April 2021. This is an exciting and important time for the Insolvency Service as we launch our new five-year strategy. It is my privilege…
(Bloomberg) — Japan Airlines Co. plans to raise about 300 billion yen ($2.7 billion) via subordinated bonds and loans to shore up its capital in case the coronavirus pandemic hurts travel demand longer than it expects. The Tokyo-based carrier said it secured around 200 billion yen in loans from four Japanese banks and plans to…
A slow transition to a low-carbon future and failure to take urgent action on climate risks stranding more than a trillion dollars in oil and gas projects, according to a new study out from financial think tank Carbon Tracker Initiative. The groups fifth annual analysis of the risk of investing in oil and gas reveals…
A slow transition to a low-carbon future and failure to take urgent action on climate risks stranding more than a trillion dollars in oil and gas projects, according to a new study out from financial think tank Carbon Tracker Initiative. The groups fifth annual analysis of the risk of investing in oil and gas reveals…
Sebastian Ahlskog is the former chief financial officer of Starbreeze, the Swedish studio probably best-known for the Payday series, and in February 2020 was convicted of insider trading: a conviction that has now been quashed on appeal (as reported by GamesIndustry.biz). The original conviction came after an investigation into Ahlskog selling his shares in Starbreeze…
Steven Edwin Prosser (60), from Broxbourne, Hertfordshire, was appointed a director of Sell Your Car With Us Limited in May 2016. The company sold second hand cars and traded from premises on Hare Street in Buntingford, Hertfordshire. Three years later, Sell Your Car With Us entered into liquidation in September 2019. The companys insolvency, however,…
According to the latest data from the Insolvency and Bankruptcy Board of India (IBBI), 126 cases were admitted between April and June 2021. (Representative Image) In the first quarter of this fiscal (Q1FY22), after the moratorium on fresh insolvency filings was lifted, nearly 10 new corporate insolvency cases were filed every week. The government had…
The Diamond Live Lounge has been granted a new licence with Campbell Bars Limited taking over. The Diamond Live Lounge in Wood Street closed its doors in January after being declared insolvent but details of its closure and bankruptcy have only just come to light. Now it has been announced that a new licence has…
Share this article Companies in this article Starbreeze’s former chief financial officer Sebastian Ahlskog has been acquitted of all charges for insider trading. He was convicted in 2020 following an investigation into the sale of his shares ahead of Starbreeze’s reconstruction period, a special measure for Swedish businesses on the brink of insolvency. Ahlskog stepped…
The attempt to rescue and relaunch Jet Airways (JAI, Mumbai Int’l) is likely to be prolonged, or even jeopardised, as the airline faces fresh litigation. Meanwhile, Dutch administrators have sold one of the carrier’s Boeing widebodies for USD9 million, a monitoring committee official revealed. While the consortium behind the attempted relaunch comprising Murari Lal Jalan,…