The jewellery tycoon, alleged to have orchestrated a £170m scam which defrauded a legion of wealthy investors, will be declared bankrupt if a bid by his former company’s liquidators is successful. Sky News has learnt that insolvency practitioners in charge of probing the demise of Vashi, a luxury diamond jeweller which had shops in some…
Property developer Michael O’Flynn is back before the High Court for another round in his objection to the personal insolvency arrangement (PIA) of his former business partner and neighbour John O’Driscoll. The developer claims that O’Driscoll, from Ovens, Co Cork, owed him in the region of €950,000 and was allegedly not insolvent when he sought…
Court clears Ecobank manager for releasing airline firm’s cash Business Daily Read the original article here
The CCA in Glasgow filed a petition with the court. An arts-based charity in Glasgow has officially declared itself insolvent. The remaining trustees of the Centre for Contemporary Arts (CCA) have published an insolvency notice, with a petition provided to the court on February 3 to Glasgow Sheriff Court. Louise Dorothy Norris, Kirstine Mairi Ogg…
Dallaglio had narrowly avoided the same outcome two years previously by agreeing to settle debts, including a £700,000 tax bill. According to the Mail, the 2025 insolvency hearing was initiated by an application to the court from Dallaglio’s ex-wife, Alice, for an order to sell the couple’s former London residence immediately for £2.7million, some £600,000…
Details about Lawrence Dallaglio’s new life after bankruptcy and divorce have emerged Mark Whiley Sports Reporter 14:14, 10 Feb 2026Updated 14:18, 10 Feb 2026 Lawrence Dallaglio appears to have moved after divorcing his wife of 20 years(Image: David Rogers/Getty Images) Lawrence Dallaglio has a new partner and a new house as the rugby legend pieces…
The Republic of Moldova will request a transition period from the European Commission in order to create a mechanism that would protect employees in case of company insolvency. This was announced by the president of the Parliamentary Committee for European Integration, Marcel Spatari. The official emphasized that European norms require the creation, in each…
A year after a major comic book distributor went bankrupt, NL shops are still reeling MSN Read the original article here
AuthorIshaan Verma|Published at: 10th February 2026, 6:44 pm Overview Samtex Fashions Limited posted nil operational revenue for Q3 FY25. Auditors issued a qualified conclusion, highlighting material going concern uncertainty due to accumulated losses, eroded net worth, and a subsidiary declared a wilful defaulter by IDBI Bank. Significant gaps in asset verification, accounting compliance issues, and…
AuthorIshaan Verma|Published at: 10th February 2026, 6:44 pm Overview Samtex Fashions Limited posted nil operational revenue for Q3 FY25. Auditors issued a qualified conclusion, highlighting material going concern uncertainty due to accumulated losses, eroded net worth, and a subsidiary declared a wilful defaulter by IDBI Bank. Significant gaps in asset verification, accounting compliance issues, and…