It’s one of two options it is considering to overcome the deficit, the other being a huge council tax increase of almost 15 per cent. In light of the deficit the Conservative-run administration is facing in the current financial year, its chief financial officer (CFO), Andrew Lowe, will present the plans to the cabinet. The…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
“… if a company with unfunded pension plan liabilities were to go bankrupt, it would be required to pay any pension deficit from the company’s assets before paying secured lenders, bondholders or other creditors’ claims,” the report said. And, the complexity of assessing unfunded liabilities in the midst of a bankruptcy could also delay payouts…
Castel receivers indemnified for failure to make priority payments | Lawyerly Castel receivers indemnified for failure to make priority payments Restructuring & Insolvency 2026-02-11 11:31 pm By Andy Sidler Save (0) Please login to bookmark Close Electronics leasing company Thorn Australia has been ordered to indemnify the receivers of Castel Electronics for a $900,000 settlement…
By Emlyn Cameron · February 11, 2026, 1:27 PM EST Since entering bankruptcy, auto parts company First Brands Group Holdings LLC has ridden out its Chapter 11 as the fulcrum of its own insolvency as well as acrimonious adversary proceedings and… To view the full article, register now. Read the original article here
Another crypto company halts withdrawals as markets slide thestreet.com Read the original article here
Barclay family’s property firm leaves £680m debt for creditors The Times Read the original article here
Austrian Supreme Court confirms availability of avoidance claims in consecutive insolvency proceedings Taylor Wessing Read the original article here
Credit: Orbex The UK-based services provider Orbex has entered insolvency proceedings after a planned takeover by European space logistics startup The Exploration Company fell through. In December 2025, The Exploration Company entered negotiations to acquire Orbex. On 21 January, the companies announced they had signed a letter of intent, with The Exploration Company’s CEO Hélène…
The Financial Deep Dive Ansal Buildwell Limited’s unaudited standalone and consolidated financial results for Q3 FY26 reveal a precipitous decline in performance, marred by a significant net loss and critical developments concerning its subsidiary. The Numbers: Standalone Performance (Q3 FY26 vs Q3 FY25): Revenue from Operations: ₹166.59 lakhs, an 80.6% year-on-year drop from ₹860.12 lakhs.…