John Barnes has broken his silence regarding the bankruptcy that befell him in September 2025, attributing his financial downfall to ill-fated investments made during his illustrious playing days. The Liverpool and England icon, now 62, faced a petition from HM Revenue and Customs after accumulating debts exceeding £1.5million. Speaking on The Overlap podcast, the former…
In November 2025, 297 construction companies registered as insolvent, accounting for 15.7% of all insolvencies in England and Wales. This was 65 fewer than was recorded in October 2025 and 24 fewer than the 321 recorded in November 2024, according to the latest data from The Insolvency Service. By rough comparison, construction firms accounted for 14% of all registered businesses in the UK as of September…
Jonathan Waldron, 44, was declared bankrupt in October 2021, meaning he could not legally be at the helm of any of the companies. But he was found to have continued to operate despite restrictions as director of four companies, including Selective Environmental Solutions Limited, based at Eldon Brickworks near Bishop Auckland. Waldron, of Winton near…
Airlines that filed for bankruptcy or shut down in the first three weeks of 2026 include charter and cargo airline Royal Air Philippines, Indian charter carrier Dove Airlines, Swedish airline H-Bird, and U.S. charter carrier Tailwind Air. Similar problems of not being able to bring in the necessary traffic on highly competitive routes plagued all…
Industry Court filings formalise Gravaa’s collapse, while a leaked email explains some of the challenges that led to its demise. Gravaa, the Dutch company behind the KAPS adjustable tyre pressure system, has been declared bankrupt in the Netherlands, according to court records published this week, with a liquidator now appointed to… Read the original article…
The Supreme Court has held that the National Company Law Tribunal (NCLT), while exercising jurisdiction under Section 60(5) of the Insolvency and Bankruptcy Code (IBC), cannot adjudicate disputed questions of title to intellectual property if such determination goes beyond the scope of the approved resolution plan. The Court held that NCLT cannot decide title disputes…
The Supreme Court recently held that the National Company Law Tribunal (NCLT) cannot adjudicate or declare title over a trademark merely because the issue arises during a corporate insolvency resolution process (CIRP), unless the dispute has a direct and intrinsic nexus with insolvency. [Gloster Limited v. Gloster Cables] A Bench of Justice JB Pardiwala and…
Gravaa, the Dutch company which pioneered a self-inflating and deflating tyre system allowing cyclists to adjust and monitor tyre pressure while riding, has filed for bankruptcy – less than a year on from the brand’s technology being used by Pauline Ferrand-Prévot on her way to victory at Paris-Roubaix Femmes. On Wednesday, the Eindhoven-based company was…
Holiday airline declares bankruptcy, all flights canceled thestreet.com Read the original article here
Yorkshire waste operator Jonathan Waldron illegally acted as director of four companies while bankrupt Waldron was declared bankrupt in 2021 but ignored the order by running Selective Environmental Solutions Limited, Thompson Recycling LLP, Pintail Nest Farm Limited, and Go Crushing & Screening Limited The 44-year-old was handed a suspended sentence and director disqualification following investigations…