If you have a Synergy Restaurant Gift Card in your wallet, you’re out of time to use it. The San Diego-based company, which offers multi-restaurant gift cards for dozens of cities across the U.S., announced in a statement issued Thrusday that it plans to file for Chapter 7 bankruptcy protection and that it was winding…
Following the news of Native Instruments going into preliminary insolvency proceedings, the brand’s CEO, Nick Williams, has issued an update via NI’s blog page. He assures the community of creators, customers and partners that it’s “business as usual at Native Instruments, iZotope, Plugin Alliance and Brainworx.” Since the news spread, the internet has been rife…
New wave of zombie companies in ‘critical distress’ The Times Read the original article here
Liberty Steel wants Greensill administrators’ case put on ice | Lawyerly Liberty Steel wants Greensill administrators’ case put on ice Restructuring & Insolvency 2026-01-29 11:28 pm By Cindy Cameronne | Sydney Save (0) Please login to bookmark Close Two Liberty Steel companies want a case brought in NSW by administrators for collapsed supply chain finance…
Multimillionaire Seychellois businessman of Indian origin declared bankrupt by Seychelles court seychellesnewsagency.com Read the original article here
Access Denied You don’t have permission to access “http://www.business-standard.com/budget/news/insolvency-tribunals-may-take-a-decade-to-clear-pending-cases-eco-survey-126012901663_1.html” on this server. Reference #18.c052017.1769697162.ef761565 https://errors.edgesuite.net/18.c052017.1769697162.ef761565 Read the original article here
The Survey noted that while the previous decade offered testament to IBC’s legal framework and design, the next phase of IBC should combine process reform with a rapid scaling of capacity | Photo Credit: iStockphoto The Economic Survey 2025-26 cautioned that extended insolvency timelines can trigger value erosion – assets deteriorate, employees depart, customers shift…
Unitech International Limited Publishes Form G for Resolution Plan Invitations Under CIRP scanx.trade Read the original article here
Native Instruments Enters Insolvency Proceedings After Failed Private Equity Sale edm.com Read the original article here
Insolvency framework in the country has delivered sharper recoveries, better credit discipline, and cleaner bank balance sheets over the past nine years, but mounting judicial delays and capacity constraints in insolvency courts now threaten to erode these gains, the Economic Survey 2025-26 has warned. Opening its assessment with a blunt diagnosis of institutional stress, the…