EV charging firm Tritium appoints administrators – Energy Source & Distribution
EV charging firm Tritium appoints administrators Energy Source & Distribution Read the original article here
After Just for Laughs’ bankruptcy, we should ask Canadian comedians what they need to succeed
It’s still not clear how Juste Pour Rire / Just for Laughs (JPR/JFL) went from one of the biggest comedy festivals in the world to bankruptcy. On April 12, La Presse reported the festival lost $800,000 in an email phishing scheme in 2023. This is just the latest detail emerging after Groupe Juste pour rire…
China ready to let some troubled property firms go bust: housing minister
China’s property sector has been grappling with a liquidity crisis since mid-2021, with major developers defaulting on or delaying debt payments following a regulatory crackdown on high leverage. 04:49 Anger mounts as China’s property debt crisis leaves flats unfinished Anger mounts as China’s property debt crisis leaves flats unfinished Industry giant China Evergrande Group was…
Model and TV presenter Katie Price declared bankrupt for second time over unpaid tax bill of $1.5m
Model and TV presenter Katie Price has been declared bankrupt for the second time, a court heard today. Price was married to Australian singer Peter Andre between 2005 and 2009 and they have two children together. The UK glamour model, 45, who was not in court to hear her fate, has an unpaid tax bill…
Scotch & Soda in bankruptcy again in Europe
A year after its relaunch, Scotch & Soda is once again in bankruptcy. Shops will remain open, however, and the brand is expected to resume trading under new ownership within two weeks. Already a new candidate The European part of Dutch fashion brand Scotch & Soda has been declared bankrupt. The news comes just one…
Katie Price declared bankrupt for second time
Former glamour model Katie Price has been declared bankrupt for a second time over an unpaid tax bill of more than £750,000. Ms Price, who was previously declared bankrupt in 2019, owes £761,994.05 to HM Revenue and Customs (HMRC), a court was told on Monday. At a short hearing at London’s Rolls Building, Insolvency and…
Sudbury news: Feds to change law that allowed Laurentian University to declare insolvency
Sudbury MP Viviane Lapointe said Tuesday evening that the fall economic statement includes plans to change the legislation that allowed Laurentian University to declare insolvency. LU used the Companies’ Creditors Arrangement Act (CCAA) to declare insolvency in February 2021, leading to layoffs, program cuts and the end of its agreement with federated universities.…
Volocopter seeks new investors as risks of insolvency looms
Volocopter CEO Dirk Hoke recently told German media that the eVTOL developer may need to look at insolvency options, after the company failed to secure loans from the Baden-Württemberg and Bavarian states to support its electric aircraft development. “Volocopter has been transparent that the fundraising market has been difficult in the past few years,” Hoke…
NCLAT Fortnightly: Important orders on IBC (July 1 – July 15, 2024) – Bar & Bench – Indian Legal News
NCLAT Fortnightly: Important orders on IBC (July 1 – July 15, 2024) Bar & Bench – Indian Legal News Read the original article here
Set-Off Under IBC Regime – BW Legal World
Set-Off Under IBC Regime BW Legal World Read the original article here