Judge clears path for cannabis firm to sell Md. dispensaries, farm – The Business Journals
Judge clears path for cannabis firm to sell Md. dispensaries, farm The Business Journals Read the original article here
Adani Ports to acquire Jaypee Fertilizers for Rs 1,500 crore through insolvency
NEW DELHI: Adani Ports and Special Economic Zone on Thursday said it will acquire a 100 per cent stake in Jaypee Fertilizers & Industries from Jaiprakash Associates for Rs 1,500 crore, as part of the NCLT-approved resolution plan for JAL. Adani Ports and Special Economic Zone Ltd (APSEZ), in a regulatory filing, said the acquisition…
Scottish company insolvencies edge six per cent higher in April
Company insolvencies in Scotland rose by 6 per cent year-on-year in April 2026, with 107 cases registered compared with the same month in 2025. The figure was made up of 53 creditors’ voluntary liquidations (CVLs), 49 compulsory liquidations and five administrations. There were no company voluntary arrangements (CVAs) or receivership appointments during the month. Over…
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS – The Business Times
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS The Business Times Read the original article here
East African Cables set to rise from insolvency after getting new investor – Daily Nation
East African Cables set to rise from insolvency after getting new investor Daily Nation Read the original article here
10 American EV Startups Went Bankrupt, Proving Toyota’s Skepticism Justified
The electric car industry was, for a little while there, the new gold rush. It was relatively easy to get public or private funding for promising battery-powered vehicles like the Fisker Ocean, infrastructure support was growing, and investors were terrified of being left out of the next big thing. In retrospect, it’s obvious that this…
CoC Rejected CIRP Extension & Corporate Debtor Fails to Approve Resolution Plan: NCLT Orders Liquidation u/s 33 IBC [Read Order]
The National Company Law Tribunal (NCLT) Mumbai Bench has ordered liquidation proceedings against Shri Tradco Deesan Private Limited under Section 33 of the Insolvency and Bankruptcy Code, 2016 (IBC) after the Committee of Creditors (CoC) rejected further extension of the Corporate Insolvency Resolution Process (CIRP) and no resolution plan could be approved within the prescribed…
Founder of Oxford private school declared bankrupt amid firm's £1.4m debts – Oxford Mail
Founder of Oxford private school declared bankrupt amid firm’s £1.4m debts Oxford Mail Read the original article here
Founder of Oxford private school declared bankrupt amid firm’s £1.4m debts
The founder of an Oxford private school that is £1.4m in debt has been declared bankrupt, calling it a “rite of passage for an entrepreneur”. Alexander Nikitich, the founder of Carfax College, has been declared bankrupt but said this will not impact the day-to-day running of the business. Carfax Education Group offers tutors, university preparation…
Blackburn director banned for nine years after BBL breach
Rashid Hussain, 57, of Tintern Crescent, was investigated by the Insolvency Service after breaching the terms of the Government-backed Bounce Back Loan (BBL) scheme for his business ZIB Haulage Ltd. The carrier company overstated its application for a BBL, resulting in the company receiving £50,000, despite not being entitled to it. During the pandemic, the…