INSOLVENCY NOTICES: Winding Up Petitions – April 2026 – Credit Connect
INSOLVENCY NOTICES: Winding Up Petitions – April 2026 Credit Connect Read the original article here
Resilience or risk: What technology sector is showing us about NI's pre-pack trend – Belfast Telegraph
Resilience or risk: What technology sector is showing us about NI’s pre-pack trend Belfast Telegraph Read the original article here
Swedish BLS Rail goes bankrupt
Swedish operator BLS Rail declared bankruptcy after reportedly not receiving compensation from the railway administrations of Sweden and Norway. This development follows the closure of BLS’ Norwegian subsidiary last summer. The CEO of the company founded in 2009, Anders Brunberg, claimed that the Swedish Railway Administration (Trafikverket) did not pay out environmental compensation for 2025,…
Carbon Revolution collapse comes as administrators say wheel maker was likely insolvent months before going bust
Carbon Revolution was probably trading insolvent for more than three months before it went bust, say the administrators of the collapsed lightweight-wheel maker, after it had accumulated losses of $347 million since mid-2022. A report by McGrathNicol into the financial woes of Carbon Revolution found that having high-cost manufacturing operations in Geelong, thousands of kilometres…
‘Broke’ paedophile Gary Glitter’s debt to victim rises £110k
The shamed rocker has refused to pay his victim after being ordered to hand over more than half-a-million-pounds in damages for targeting the woman when she a child Glitter’s debt is rising and includes interest(Image: Mirrorpix) Gary Glitter now owes more than £600,000 to a woman he raped when she was 12. The total includes…
The end of printing press manufacturer Manroland in Offenbach, Germany and the role of the IG Metall union
Roland sheet-fed offset printing press at Drupa 2012 [Photo by Ra Boe / Wikipedia / CC BY-SA 3.0] Manroland Sheetfed GmbH, once the world’s third-largest manufacturer of printing presses and Offenbach’s biggest employer, will cease operations there on June 1, 2026. The final 744 employees are losing their jobs, 660 on June 1 and the…
Robot Massage Company Aescape Enters Insolvency with $150M+ in Debt
Key Takeaways:Aescape had been positioned as a pioneering player in the convergence of wellness and automation for its robotic massage technology.The company entered insolvency proceedings following the sale of substantially all of its assets and escalating financial pressures.Founder Eric Litman left the company earlier this year and launched a new startup, Healthspanners, in March.Aescape has…
NCLT Mumbai Bench Reserves Order on Resolution Plan for Vas Infrastructure Limited – scanx.trade
NCLT Mumbai Bench Reserves Order on Resolution Plan for Vas Infrastructure Limited scanx.trade Read the original article here
Once mighty company “LadaGarant” declared bankrupt
The company “LadaGarant”, which was previously one of Minsk’s major developers, has been declared bankrupt. Minsk Economic Court opened liquidation proceedings on May 5, which are expected to conclude by January 2027, Office Life reports . Павялічыць Owner of “Lada-Garant” Aliaksei Vahanau The firm was founded more than 30 years ago by entrepreneur Aliaksei Vahanau.…
Norwegian cell manufacturer Morrow Batteries files for insolvency
Morrow Batteries had until recently been one of the few battery cell manufacturers producing in Europe. Now, the Norwegian company has suffered same fate as the significantly larger Northvolt from Sweden: Morrow Batteries has for insolvency. The company’s downfall stems from its inability to compete in a consolidating market—it was simply too small. Its plant,…