Category Archives: Bankruptcy

Lawrence Dallaglio faces fresh bankruptcy scrutiny amid £200,000 spending claims and undisclosed bank account allegation | International Sports News

Lawrence Dallaglio faces fresh bankruptcy scrutiny amid £200,000 spending claims and undisclosed bank account allegation (Image via Getty) Lawrence Dallaglio is facing fresh scrutiny after new court documents reportedly accused the former England rugby captain of continuing to spend heavily while bankrupt. The allegations, reported by The Telegraph, claim that Lawrence Dallaglio spent large amounts…

Maker of lenses in Macron’s Davos sunglasses enters insolvency

FILE PHOTO – French President Emmanuel Macron speaks to the media upon his arrival to attend the special EU summit in Brussels. (is associated with: «Maker of lenses in Macron’s Davos sunglasses enters insolvency») Michael Kappeler/dpa The French manufacturer behind the lenses used in the luxury sunglasses worn by French President Emmanuel Macron at the…

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Icra: Separate Framework Needed for Small Insolvency Cases: Rediff Moneynews

Icra urges a separate framework for small-ticket insolvency cases to ease NCLT burden & expedite larger resolutions. Delays persist in CIRP despite IBC amendments. Mumbai, Jun 3 (PTI) Rating agency Icra on Wednesday pitched for a separate framework for small-ticket insolvency cases before they reach the National Company Law Tribunal (NCLT), saying such a mechanism…

Wisconsin Rapids trucking company informs employees to expect mass layoffs

WISCONSIN RAPIDS, Wis. (WSAW) – A trucking company in Wisconsin Rapids is notifying employees that they should expect mass layoffs, though a date on when that would happen was unknown. Sparhawk Trucking and Sparhawk Truck and Trailer, Inc. filed a Worker Adjustment and Retaining Notification or WARN with the Wisconsin Department of Workforce Development. The…

Marell Boats Sweden declares bankruptcy | News

It only takes a minute to sign up for a free account, and you’ll get to enjoy: Weekly newsletters providing valuable news and information on the commercial marine sector Access to the Maritime Journal Industry Database Website access (3 standard news articles per month) Does your organisation require more access? Upgrade to…

Company Tickets.ie ceases trading | Shannonside.ie

The company which sold tickets to a popular county Leitrim music festival has confirmed has ceased trading as it plans to enter liquidation. Earlier today, Simon Power, the Managing Director of Drumcoura City which hosts Cowboys and Heroes told Shannonside FM that ‘a substantial amount of money’ by Tickets.ie. 2026’s festival took place last week…

LiveLawBiz IBC Monthly Digest: May 2026

SBI Back In Reliance Infratel CoC As Supreme Court Sets Aside NCLAT Order Excluding Consortium Lenders Case Title : STATE BANK OF INDIA AND ORS. Versus DOHA BANK Q.P.S.C. AND ANR Case Number : C.A. No. 8527/2022 The Supreme Court of India has allowed the appeal filed by the State Bank of India against an…

Another airline files for bankruptcy and cancels flights

The string of airline bankruptcies that began following the U.S. strike on Iran and subsequent spike in jet prices is not over yet. The most prominent collapse occurred at the start of May when well-known low-cost airline Spirit Airlines canceled all of its flights and shut down for good. This was despite much industry hope for a…

Federal Court hands liquidator more time to chase $226m gold trader collapse

Woods explained that he had inherited a company with no prior investigation, insufficient property to fund inquiries, and a lack of books and records. He told the court that August’s non-compliance with information requests forced him to seek ASIC’s help, and that several key documents surfaced only when he reviewed August’s own affidavits. The judge accepted…