The German subsidiary of R-Pharma went bankrupt – Ореанда-Новости
The German subsidiary of R-Pharma went bankrupt Ореанда-Новости Read the original article here
EU Inc.: A new harmonised corporate legal regime
Following the Political Guidelines 2024–2029 of the European Commission and the mission letter of the Commissioner for Democracy, Justice and the Rule of Law, the Commission’s January 2025 Competitiveness Compass announced the creation of a “28th regime” as part of a broader strategy to strengthen the competitiveness of the European economy. The objective is to…
NCLT Admits Insolvency Plea [Read Order]
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has admitted an insolvency petition, initiating the Corporate Insolvency Resolution Process(CIRP) over unpaid operational dues. Also found that the corporate debtor defaulted on payments amounting to ₹5.86 crore, including contractual interest, even after service of a statutory demand notice under Section 8 of the Insolvency and Bankruptcy…
UK aviation firm crashes into liquidation – almost 10 years in business | UK | News
A UK aircraft sales company has collapsed into liquidation after nearly a decade in business. P3R Aviation Limited, which was based in Glenthroes, Scotland, before it ceased trading this month, has appointed liquidators to “conclude its affairs in an orderly manner”. The firm dealt with the sale of machinery, industrial equipment, ships and aircraft for…
He went bankrupt, and his family dubbed him a failure. How his name got printed on the wrappers of one of the most popular chocolate brands |
He failed more than once before he found his footing, a young confectioner whose early ventures collapsed under financial strain and inexperience. Each setback chipped away at his resources but quietly strengthened his resolve. Instead of stepping away, he studied what went wrong, refined his craft, and returned with sharper focus. Those early failures became…
NCLT on invocation of personal guarantee under Section 95 IBC
National Company Law Tribunal, Hyderabad Bench: In an application filed under Section 95, Insolvency and Bankruptcy Code, 2016 (IBC) by Bank of Baroda (Financial creditor) seeking initiation of personal insolvency resolution process (PIRP) against the personal guarantor of Vijay Home Appliances Ltd., the Bench of Rajeev Bhardwaj, Member (Judicial), and Sanjay Puri, Member (Technical), held…
He went bankrupt, and his family dubbed him a failure. How his name got printed on the wrappers of one of the most popular chocolate brands |
He failed more than once before he found his footing, a young confectioner whose early ventures collapsed under financial strain and inexperience. Each setback chipped away at his resources but quietly strengthened his resolve. Instead of stepping away, he studied what went wrong, refined his craft, and returned with sharper focus. Those early failures became…
Northern Irish business and personal insolvencies rise
Latest monthly statistics from the Insolvency Service show that business insolvencies and personal insolvencies rose in Northern Ireland in February 2026. The data showed that there were 25 company insolvencies registered in Northern Ireland, 19% higher than in February 2025. The insolvencies comprised of eight compulsory liquidations, 16 CVLs and one administration. There were no CVAs or receivership…
Scottish business insolvencies fall 5% – Credit Connect
Scottish business insolvencies fall 5% Credit Connect Read the original article here
Man Utd legend confesses to tax relief scheme that saw players go bankrupt
The ex-Manchester United star has opened up about a big financial mistake Peter Schmeichel has one big financial regret(Image: Getty Images) Peter Schmeichel has admitted his regret at getting involved in a tax relief scheme that took him 15 years to put right. The goalkeeper legend won the lot with Manchester United, including the Treble…