Sprick the next big name on the list of insolvencies – Bike Europe
Sprick the next big name on the list of insolvencies Bike Europe Read the original article here
Court picks Gakuru as liquidator for Countryside Dairy amid insolvency proceedings
NAIROBI, Kenya, Jan 14 – The High Court has appointed Mark Gakuru as the liquidator for Countryside Dairy Limited, a move that marks a step in the company’s insolvency proceedings. The appointment, made via Gazette Notice, took effect on November 21, 2024, under the provisions of the Insolvency Act, 2015. According to the High Court,…
Sussex directors warned over COVID loan repayment risks
This warning comes from Mike Pavitt, council member for the Southern and Thames Valley region of R3, the UK’s insolvency and restructuring trade body. Mr Pavitt said: “COVID-related loan repayment difficulties have not gone away, especially with new tax burdens anticipated in the spring, and nor, it seems, has the Insolvency Service’s appetite for pursuing…
JSW Energy receives LoI for KSK Mahanadi Power resolution plan
JSW Energy Ltd announced on Monday (January 13) that it had been deemed the successful applicant for the resolution plan submitted for KSK Mahanadi Power Company Ltd (KMPCL) under the corporate insolvency resolution procedure (CIRP) of the Insolvency and Bankruptcy Code, 2016. The resolution professional sent the company a letter of intent (LoI) after the…
JSW Energy gets letter of intent to acquire 3.6 GW KSK Mahanadi thermal plant, ET EnergyWorld
New Delhi: JSW Energy on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW thermal power plants, under insolvency proceedings. This follows the approval by the Committee of Creditors, with the closure of the transaction subject to the necessary regulatory approvals from the National Company…
JSW Energy shares in focus as firm acquires 3.6 GW KSK Mahanadi power plant; all you need to know
JSW Energy share price: Shares of JSW Energy will be on investors’ radar on Tuesday, January 14, as the company on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW thermal power plants, under insolvency proceedings. This follows the approval by the Committee of Creditors,…
Northvolt Asks Shareholders To Vote On Continuing Business
By Ben Zigterman · January 7, 2025, 6:09 PM EST Bankrupt electric vehicle battery maker Northvolt AB asked its shareholders to vote Wednesday on keeping the business going, in a move a company spokesperson called a “procedural step” consistent with Swedish… To view the full article, register now. Read the original article here
Prospect Medical Holdings files for Chapter 11 amid criticisms of prior PE ownership – Fierce healthcare
Prospect Medical Holdings files for Chapter 11 amid criticisms of prior PE ownership Fierce healthcare Read the original article here
Glue Collaboration to Shut Down, Operating Firm Declares Bankruptcy
As of April 8 2024, the company operating virtual reality immersive collaboration platform provider Glue declared bankruptcy under a decision by the District Court of Helsinki. The operating firm is selling assets, including the Glue platform. Unless a new company purchases the platform and continues its operation, Glue may shut down for good –…
JSW Energy Acquires 3.6 GW KSK Mahanadi Power Plant: Rediff Moneynews
JSW Energy has secured a letter of intent to acquire KSK Mahanadi Power Company, adding 3.6 GW of thermal power capacity to its portfolio. The acquisition is subject to regulatory approvals. New Delhi, Jan 13 (PTI) JSW Energy on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which…