Hospitality and construction firms continue to lead insolvency statistics, but more are keeping their doors open through restructuring schemes. Annual insolvencies have been rising across all sectors since 2022, the ASIC data showed. ASIC insolvency data as of 30 March 2025 indicate that 3,306 companies became insolvent for the first time in the first three…
Restucturing and Insolvency: Ireland’s leading practitioners give their insights on the current trends and analyse the business outlook. At RSM Ireland, there is a growing shift from traditional insolvency work to proactive, tailored advisory solutions that focus on making businesses future-fit, according to Paddy O’Connell, restructuring partner at the firm. “Historically, restructuring assignments focused on…
Actor Mukul Dev’s death at the age of 54 has left the television and film industry in shock. Apart from starring in various television shows, Mukul was also part of many films. He made his debut with a lead role in Mahesh Bhatt’s Dastak (1996). While that officially marked the beginning of his career as…
Il Court of Lucca has issued a sentence of failure of Lucchese 1905 football. The fourth bankruptcy in 17 years. The bankruptcy section panel appointed accountant Claudio Del Prete as curator, who had already dealt with the previous bankruptcy of the Rossoneri club in 2019. Now it will be a race against time because to…
Three England Rugby Legends Declared Bankrupt in the Last Year Ruck.co.uk Read the original article here
Harvest Sherwood declares bankruptcy, accuses Sprouts Farmers Market of driving it toward insolvency SeafoodSource Read the original article here
Glastonbury fans who paid more than £10,000 each for glamping packages have been left out of pocket and face missing the festival after the company through which they booked their tickets entered liquidation. In an email sent to some customers, Yurtel, which provided what it calls a luxury festival experience, said it would be unable…
GLASTONBURY Festival 2025 is soon upon us in just over a month, and some people who queued up and paid thousands won’t be going. Ouch. The news comes after the Yurtel firm, based in Corsham, Wiltshire, has revealed that it has gone bankrupt, meaning that all bookings will not be fulfilled after it ceased trading on May…
JSW Steel has said that it implemented the resolution plan for Bhushan Power and Steel Ltd in compliance with law and taken all steps to successfully revive the company to its present status today. The company issued this statement while announcing its Q4 results. “The Judgment by the Hon’ble Supreme Court on 2nd May 2025…
Builder.ai blame game begins after AI start-up goes insolvent thenationalnews.com Read the original article here