The Kuwaiti businessman behind a troubled £2.5bn Kent theme park meant to rival Disneyland has been declared bankrupt. Abdulla Al-Humaidi, who was a key backer of the proposed London Resort development scheme, was confirmed to be insolvent at a High Court hearing last month. It is the latest twist relating to the “Dartford Disneyland” scheme,…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
Ireland v England examinerships and administrations Dentons Read the original article here
Kenyan vehicle manufacturer Mobius shutting down, issues notice of insolvency MSN Read the original article here
England Rugby World Cup winner ‘declared bankrupt’ after racking up huge debts The Mirror Read the original article here
London | Britain’s insolvency service has launched a court action to ban fallen Australian financier Lex Greensill from running or controlling any company for 15 years – the toughest possible penalty. The UK Insolvency Service has been investigating the spectacular collapse three years ago of Mr Greensill’s eponymous supply-chain finance company, after insurers pulled the…
Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in New Jersey federal court Monday, saying that it had entered into agreements with the vast majority of its secured note holders and that it intended to trim “non-operational” leases. The bankruptcy filing is limited to WeWork’s locations in the U.S. and Canada, the company said…
Victor Wembanyama’s former team Metropolitans 92 goes bankrupt / News BasketNews.com Read the original article here
The post-pandemic market has been challenging for small and medium-sized enterprises (SMEs) across Australia. While we like to think we are over the pandemic, the truth remains that the lingering effect of COVID-19 is continuing to unsettle the economic landscape, with an alarming rise in reported insolvencies. While the most common reason for business failure…
Premier Kings is the third Burger King franchisee to declare bankruptcy this year. | Photo: Shutterstock. Premier Kings, a 172-unit Burger King franchisee whose owner died in 2022, declared bankruptcy protection, saying that operating losses even after the company closed restaurants forced the issue. It’s the third time this year that a major Burger King…