The bankruptcy case for Global One Media, the operator of seven stations in Nevada and New Mexico, has shifted fully into liquidation mode two years after the Rich Hudson-led company first sought court protection. Bankruptcy Judge Michael Nakagawa has approved the proposed $550,000 sale of the company’s assets to William Hudson’s Aegis Media Holdings. Trustee…
Numbers of property firms in a ‘red flag’ state of ‘critical financial distress’ leapt 19% this year, shocking new figures reveal. In response, a leading insolvency expert has now predicted many companies will go bust or be bought by larger agencies. During the first three months of this year, the total of ‘real estate and…
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Stratacache, a company that sells in-store digital screens to retailers, is liquidating the U.K. arm of its business. The process includes Stratacache U.K. as well as its company PRN U.K., according to public records. The filings indicate that both Stratacache U.K. and PRN U.K. will close, selling off assets to pay creditors. The companies’ creditors…
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South Korea SME bankruptcies surge across sectors as cash flow tightens – CHOSUNBIZ Chosunbiz Read the original article here
The National Company Law Tribunal has allowed the withdrawal of corporate insolvency resolution proceedings against ATS Group‘s Nobility Estates Private Limited, the developer of the premium residential project Le Grandiose in Sector 150, Noida, bringing relief to more than 600 homebuyers. The withdrawal application was filed by resolution professional Hitesh Goel on behalf of ASK…
Liquid Wind AB Declared Bankrupt Liquid Wind AB, the parent company of the Liquid Wind Group, was declared bankrupt on 11 May 2026. Lawyer Lars Melin of the law firm Styrks was appointed as bankruptcy trustee. Affected employees have held meetings with the bankruptcy trustee and his colleagues at the law firm handling the bankruptcy…
Swedish power-to-fuel developer Liquid Wind has been declared bankrupt, dealing a blow to a company that had positioned itself as one of the leading Nordic developers of e-methanol projects targeting the shipping sector. The Gothenburg-based company entered bankruptcy proceedings on May 11, with lawyer Lars Melin of Swedish law firm Styrks appointed as trustee. Liquid…