A B.C. developer who has already risked jail time for failing to come clean about the finances behind her lavish lifestyle now faces a possible bankruptcy order over a multimillion-dollar mortgage she guaranteed on prime property in the heart of Vancouver’s Cambie Corridor. According to B.C. Supreme Court documents filed earlier this month, TCC Mortgage…
NCLT Admits Vivimed Labs to Corporate Insolvency Resolution Process Over ₹2.79 Crore Debt scanx.trade Read the original article here
Company insolvencies in Scotland climbed 11% year-on-year in March 2026, with 131 cases registered compared to the same month in 2025. The total comprised 57 compulsory liquidations, 53 creditors’ voluntary liquidations (CVLs), 18 administrations and three receivership appointments. No company voluntary arrangements (CVAs) were recorded during the period. Over the 12 months to March 2026,…
Personal insolvencies jump as debt relief order registrations reach record high Belfast Telegraph Read the original article here
Company failures have jumped higher again in March due to a surge in firms collapsing into administration as experts warned more may go bust as the Iran war and soaring wage bills send costs surging. Latest data from the Insolvency Service shows the number of company insolvencies rose 7% month-on-month in March to 2,022. Company…
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS The Business Times Read the original article here
Tom Russell, president of restructuring professionals trade group R3, said: “While it may be too early to see the full impact of the worsening economic situation in the formal insolvency statistics, energy and fuel costs have risen significantly, and for many businesses this has come at the same time as customers are becoming more cautious…
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[SINGAPORE] The directors of Autobahn Rent A Car have been declared bankrupt, having racked up a combined debt of more than S$100 million owed to DBS. According to the Government Gazette published on Friday (Apr 17), a bankruptcy order was made against Tan Boon Kee on Apr 9. A separate edition of the Gazette published…