Music technology company Native Instruments, known for widely used production and DJ tools like Kontakt, Traktor, and Maschine, has issued a statement after entering formal insolvency proceedings. The Germany-based company confirmed that it has now moved into full insolvency as part of an ongoing restructuring process. However, it stated that day-to-day operations will continue without…
“Combination of unfavorable market conditions and disappointing results” On 18 March 2026, the Leeuwarden District Court declared the company Frysk-Witlof bankrupt, appointing Mr. NHM Poort as receiver. Frysk-Witlof produces Belgian endive year-round on a very large scale. The company from Sexbierum…
The U.S.’s eye-watering debt burden poses an “existential threat to the future of our nation,” the chairman of the House Budget Committee has warned, as the country’s borrowing figure tipped over $39 trillion. Texan Republican Rep. Jodey Arrington highlighted last week that it had taken the U.S. nearly two centuries to build a debt pile…
Plant supplier files second insolvency notice as pressure mounts TheBusinessDesk.com Read the original article here
The Supreme Court on Monday noted from a report of the Enforcement Directorate that debts worth Rs 2983 crores of certain companies of the Anil Dhirubhai Ambani Group (ADAG) were settled in insolvency proceedings for merely Rs 26 crores. All these acquisitions were facilitated by 8 Non-Banking Finance Companies through “Project Help”, the Court noted.A…
UK wholesaler servicing Morrisons and Co-op closes after entering liquidation News Shopper Read the original article here
According to analysis of insolvency data by accountancy group UHY Hacker Young, the rise was largely driven by a 33% increase in the number of pub businesses shuttering in Scotland where the number of failures was up from 40 to 53 last year. Join our new WhatsApp channel: The Morning Round-Up Get the biggest pub…
EDIT: As the comments below make clear, the authors are right-wing economists whose solution of a Constitutional Convention is — as I pointed out already — a way to make things worse. While in definitional terms the US is not eonomically insolvent, I would continue to call it so in that we have far fewer…
The Treasury just declared the US insolvent. The media missed it MSN Read the original article here
Treasury declares US insolvent in bombshell report MSN Read the original article here