He pointed out that small business restructuring (SBR) has been particularly effective for viable small businesses, with none of the approximately 150 SBRs managed by his firm defaulting on their payment plans. Despite these restructuring efforts, Archer warned that insolvencies are likely to remain elevated. “There are strong indicators that business insolvencies will continue increasing…
Dillon Construction to be dissolved, leaving dozens of homes unfinished The Advocate Read the original article here
Cheung said he was ill just before the Monday hearing. But Chan said no medical proof had ever been produced to support the claim. The former Yuen Long district council member has been sued by several acquaintances over unpaid debts, ranging from HK$10,000 to more than HK$100,000. Two people have previously obtained judgment against Cheung…
NEW DELHI :India’s top court on Wednesday revived insolvency proceedings against education technology company Byju’s following a lawsuit by a trust representing U.S. lenders who say they are owed $1 billion by the company. The Supreme Court order is a setback for founder Byju Raveendran whose eponymous online coaching company was valued at $22 billion…
Dillon Construction to be dissolved, leaving dozens of homes unfinished The Examiner Read the original article here
Ohio Senator and Republican vice-presidential nominee JD Vance has come under scrutiny for his role in the downfall of AppHarvest, a startup agricultural company he championed as a venture capitalist. Until stepping down to pursue his political career in 2021, Vance spent four years as a board member and public pitchman for the company, which…
The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the appellate tribunal stayed the operations of the NCLT order, over a petition filed by Malavika Hegde, Executive Director-CEO…
Marysville School District declared ‘financially insolvent’ by the state MSN Read the original article here
Christchurch investor Phil Burmester declared bankrupt The Press Read the original article here
The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, until the next date of hearing. The Chennai bench of the appellate tribunal stayed the operations of the National Company Law Tribunal (NCLT) order over a petition filed by…