As Bitcoin has stayed below $100,000 for the past two months, concerns are growing among investors. Many are now asking what could happen to Strategy if Bitcoin drops to $74,000, a level that is only about 15% below its current price. Despite these worries that the strategy could face bankruptcy, the company continues to add…
Port-a-potty company files for bankruptcy to wipe away $2.4 billion in debt Reuters Read the original article here
REVEALED: Latest business liquidations in Yarra Herald Sun Read the original article here
NCLAT Upholds Liquidation of Go Airlines Busy Bee Airways Pvt. Ltdvs Dinkar T Venkatasubramanian CITATION : 2025 TAXSCAN (NCLAT) 182 The National Company Law Appellate Tribunal (NCLAT), New Delhi bench upheld the liquidation by finding that, in the absence of a compliant resolution plan, the Committee of Creditors (CoC), acting in accordance with Section 33(2)…
Syska LED Lights Pvt Ltd, once a well-known name in the consumer lighting market, is currently going through an insolvency resolution process after facing serious financial trouble. This process has attracted interest from four potential buyers. These include Syska’s own promoter, Germany-based investment firm Mutares Group, and two Indian companies, Aikyam Stressed Asset Fund and…
The National Company Law Appellate Tribunal (NCLAT) at Delhi held that a three-day delay in filing an insolvency appeal stood deemed to have been condoned due to a registry error, and on that basis refused to recall its earlier order admitting insolvency proceedings. A coram comprising Judicial Member Justice Yogesh Khanna and Technical Member Ajai…
Syska LED Insolvency Process Attracts Four Bidders Including Promoter and Mutares Group scanx.trade Read the original article here
Corporate bankruptcies are reaching levels not seen since the Great Recession — with inflation, high interest rates and punishing tariffs pushing hundreds of companies over the edge in 2025, according to a new report. At least 717 US companies filed for bankruptcy through November, according to S&P Global Market Intelligence, a 14% jump from the…
The World Cup winner is facing further financial difficulties Dallaglio is facing further financial difficulties (Image: Alan Crowhurst/Getty Images) Lawrence Dallaglio is reportedly facing financial ruin after being hit with a fresh £500,000 bill. The England rugby legend was declared bankrupt earlier this year following his divorce from wife Alice, whom he’d been with for…
Six freight carriers filed for bankruptcy in November, with some unsecured claims going well into six figures. These transportation firms filed for Chapter 11 bankruptcy, according to U.S. Bankruptcy Court documents obtained by Equipment Finance News: Empire Trimodal Terminal filed Nov. 19 in the northern district of West Virginia; Orange Courier filed Nov. 21 in the central district of California; P Judge & Sons Trucking filed Nov. 14 in the district of New Jersey; S &…