Brady Welton is returning to the saddle at Tri City Cycle. (Facebook) Tri City Cycle is back on track. The Loveland motorcycle dealer, which filed for bankruptcy over the summer and closed in late September, is set to reopen Feb. 9. That’s according to new owner Brady Welton, who recently bought the rights to Tri…
UK businesses continued to face intense financial pressure throughout 2025, with 28,616 insolvency activities recorded, while start-ups declined, according to a new report from R3. While corporate insolvency-related activities – including administration and voluntary and compulsory liquidations, eased slightly compared with 2024, when there were 29,366 instances, they remain significantly above pre-pandemic norms, reflecting a…
The Insolvency and Bankruptcy Code (IBC) has been a game-changer and has transformed the insolvency landscape by fostering transparency, accountability and efficiency in corporate dispute resolution and laying the foundation of a more resilient and robust economy, Financial Services Secretary M Nagaraju said on Wednesday. “Despite these achievements, several challenges still remain, which include timelines…
Corporate insolvencies set to rise again in 2026 as interest rate risks linger: Coface Insurance Business Read the original article here
Payroll director disqualified after overseas transfers from insolvent firm thebusinessdesk.com Read the original article here
Native Instruments, the Berlin-based company renowned worldwide as a provider of music software and hardware, has filed for insolvency proceedings. This is evident from publicly accessible documents from the District Court of Berlin-Charlottenburg, according to which corresponding applications were filed on January 26 and 27 under file numbers 3612 IN 603/26, 3612 IN 602/26, and…
Native Instruments insolvency proceedings are underway in Germany as both the operating company and its parent holding group enter court-supervised restructuring, signaling a group-wide financial review and Native Instruments restructuring process. In two separate court orders made public on January 27th, Native Instruments insolvency filings and its group operations have come under public spotlight. Native…
Yorkshire waste operator handed suspended sentence after illegally acting as a company director while bankrupt. Jonathan Waldron, 44, was sentenced to 16 months in prison, suspended for two years, at York Crown Court. He was also ordered to complete 200 hours of unpaid work, pay costs of £1,000, and was disqualified as a company…
Paul Bresnihan was the director of CJS Engagement 2 Ltd, a payroll business. He transferred 4.8 million Euros to a bank account in Montenegro, at a time when the company was insolvent owing HMRC more than £32million. His seven-year director disqualification began on 27 January 2026. A Loughborough director of a payroll company has signed a seven-year director disqualification undertaking for transferring 4.8 million Euros…
Paul Bresnihan was the director of CJS Engagement 2 Ltd, a payroll business. He transferred 4.8 million Euros to a bank account in Montenegro, at a time when the company was insolvent owing HMRC more than £32million. His seven-year director disqualification began on 27 January 2026. A Loughborough director of a payroll company has signed a seven-year director disqualification undertaking for transferring 4.8 million Euros to a bank account in Montenegro when his insolvent…