Quebec judge declares Northvolt insolvent as province recovers nearly $200M – MSN
Quebec judge declares Northvolt insolvent as province recovers nearly $200M MSN Read the original article here
EoI for resolution of Golden Peacock Residence invited by 29 April
Golden Peacock Residence Private Limited, a real estate company developing the Michael Schumacher World Tower in Gurugram, has officially invited Expressions of Interest (EOI) from potential buyers and investors. The invitation, issued via Form G, marks a critical step in the company’s Corporate Insolvency Resolution Process (CIRP). The company’s primary asset is its project site…
18 Celebs Who Lost All Of Their Money, Proving Fame And Fortune Can Disappear In A Split Second – BuzzFeed
18 Celebs Who Lost All Of Their Money, Proving Fame And Fortune Can Disappear In A Split Second BuzzFeed Read the original article here
Key amendments to the Insolvency and Bankruptcy Code
Cl. 2 → S. 3 Section 3 (Definitions) Inserts definition of ‘registered valuer’ [cl.27A]; clarifies ‘security interest’ exists only by act of two or more parties, not by operation of law [cl.31 Explanation]; inserts definition of ‘service provider’ [cl.31A]. Cl. 3 → S. 5 Section 5 (Definitions – CIRP) Inserts ‘avoidance transaction’ [cl.2A]; inserts ‘fraudulent…
Major hotel chain files for insolvency with 125 locations affected
An individual dressed in formal attire, grasping a turquoise suitcase, possibly inside a modern and well-lit airport terminal. A major European hotel operator has filed for insolvency proceedings, sparking concerns about what lies ahead for its properties throughout Europe. Revo Hospitality Group, formerly HR Group, was established in 2008 and is Europe’s biggest white-label hotel…
Montreal denim company Jeaniologie placed into receivership
Jeaniologie Inc., a Montreal apparel company, was placed into receivership on April 9, 2026 on application by Royal Bank of Canada, who said years of refinancing extensions and forbearance measures failed to stabilize the borrower’s finances, leaving it owed approximately $6.6 million. Founded in 2002, Jeaniologie is a Montreal-based designer, manufacturer and importer of denim…
Why ‘U.S. Insolvency’ Wasn’t News – OpEd – Eurasia Review
Why ‘U.S. Insolvency’ Wasn’t News – OpEd Eurasia Review Read the original article here
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UK companies collapse into liquidation as Iran war is blamed – Oxford Mail
UK companies collapse into liquidation as Iran war is blamed Oxford Mail Read the original article here
Major hotel group files for insolvency with 125 hotels at risk – MSN
Major hotel group files for insolvency with 125 hotels at risk MSN Read the original article here