Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec. 19, the government gazetteshowed. The…
Dem-run city may go bankrupt thanks to public sector pension scheme MSN Read the original article here
Council wanting £52-a-year amenity charge writes off £922k taxpayers’ cash Stoke-on-Trent Live Read the original article here
Jakarta – Indonesian textile giant Sri Rejeki Isman is contesting a court decision that declared it bankrupt as the company owner pledges to keep its factory open and see through the revival of the business. Sritex, as the company is more commonly known, filed an appeal on Oct 25, requesting a review of the local…
Battery start-up Northvolt files for bankruptcy protection in US Financial Times Read the original article here
What you can’t do after declaring bankruptcy Money magazine Read the original article here
[UPDATE, January 3, 2025: AKV offered RideApart some clarification about subsidiaries that may soon also declare insolvency, as well as Pierer’s real estate dealings. For the sake of clarity, I’ll add the relevant updates to the relevant sections of this original piece, and clearly note where the new information has been added. Normally, I’d stick…
Fusion Fuel Green Faces Insolvency Challenge with Portuguese Subsidiary TipRanks Read the original article here
Volocopter, a German flying taxi startup, faces insolvency just days after investors stepped in to rescue its competitor, Lilium. The company has developed electric vertical takeoff and landing (eVTOL) aircraft to provide an eco-friendly alternative to traditional urban commuting. However, Volocopter is now struggling with severe financial difficulties. The announcement highlights the challenges that companies…
Most Read: Air Taxi Company Files for Bankruptcy, Seeks New Funding; Las Vegas Security Increased for CES 2025 IoT World Today Read the original article here