Financier to be banned until June 2035 Lex Greensill was a director of three companies within the Greensill Group, which collapsed in 2021 with combined liabilities of more than £1.6 billion In late 2020, he caused the companies to enter into a series of transactions with US construction company Katerra that removed legal protections from…
TV Vision faces IBC petition for ₹5.16 crore from UCN Cable scanx.trade Read the original article here
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Social Security insolvency: This map shows how bad the benefits crisis will be in your state by 2032 Fast Company Read the original article here
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Lectric eBikes, a Phoenix, Arizona-based company known for its practical and affordable XP series electric bikes, has launched three new brands so far this year — a Juiced Bikes relaunch, a new Juiced Powersports brand, and now a premium adventure brand called Monarc — an expansion strategy that runs counter to the wave of bankruptcies…
Insolvency appointments May 23 to June 5 2026 businessnews.com.au Read the original article here
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These are the concluding lines from the Supreme Court’s January 2019 judgment in Swiss Ribbons v. Union of India upholding the constitutionality of the Insolvency and Bankruptcy Code, 2016 (IBC). In this judgment, the Court noted that India’s ambitious experiment with insolvency law reform in the form of the IBC was turning out to be…
Two Sydney venues formerly controlled by bankrupt publican Jon Adgemis have sold to ASX-listed Clime Asset Management and Singapore-headquartered Vantage Point Asset Management for about $80 million, after a proposed deal with Millinium Capital’s Tom Wallace fell over last month. South Bondi Hotel – otherwise known as Noah’s Backpackers – in Bondi Beach and Empire…