Bankruptcy is one way out of Trump’s financial jam. He doesn’t want to take it. – The Washington Post
Bankruptcy is one way out of Trump’s financial jam. He doesn’t want to take it. The Washington Post Read the original article here
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk – The Brussels Times
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk The Brussels Times Read the original article here
Opposition Leader David Crisafulli ran a training company liquidators believed may have been trading insolvent
David Crisafulli, the politician likely to become Queensland’s next premier, ran a training organisation liquidators believed may have been trading insolvent from the day he started as a director. The Melbourne-based company, Southern Edge Training, was a registered training organisation that offered courses from health administration to forklift operating, and received government funding. It collapsed…
Plot twist in Van Hool's post-bankruptcy developments: Dumarey Group made a new bid (together with ABC Companies). And another buyer also pops up…. – Sustainable Bus
Plot twist in Van Hool’s post-bankruptcy developments: Dumarey Group made a new bid (together with ABC Companies). And another buyer also pops up…. Sustainable Bus Read the original article here
We Tested A Fisker Ocean Across 1,500 Miles. Then Fisker Went Bankrupt
As a freelance EV reporter, I’m not always first in line to test new cars, even the electric ones. So I was delighted when I learned I would get a 2023 Fisker Ocean to test. Sure, by then it was May 2024, but I’d seen a few on the roads—and the car clearly had buzz,…
NCLAT Stays Insolvency Proceedings Against Coffee Day Enterprises Till Next Date Of Hearing
NCLAT Stays Insolvency Proceedings Against Coffee Day Enterprises Till Next Date Of Hearing | Image Source: Wikipedia (Representative) The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the…
‘I Wanna Marry Harry’ Outfit Shuts Production Arm
EXCLUSIVE: Zig Zag, the 25-year-old UK producer behind shows including Fox‘s I Wanna Marry Harry, is shutting its production arm after being hit by the unscripted commissioning drought. Zig Zag is putting Zig Zag Productions Limited into insolvency as part of a financial restructuring that has resulted in six employees being made redundant. The company,…
Fisker Went Bankrupt. What Do Its EV Owners Do Next?
It was the last week in June, and José De Bardi hadn’t gotten much sleep. The trouble had really kicked off on June 18, about a week earlier, when the electric vehicle company Fisker announced it had filed for bankruptcy protection. Now some 6,400 Fisker owners like De Bardi wondered: What will happen to their…
Australian companies caught in insolvency storm
Data from the Australian Securities and Investments Commission (ASIC) revealed a record 11,049 corporate collapses in 2023–24: Persistent inflation, high interest rates, and the Australian Taxation Office pursuing tax debts were blamed for the 40% increase in corporate insolvencies in 2023–24. “The usual suspects of inflation, interest rates and sentiment are influencing insolvencies”, Ashurst restructuring…
India’s Go First wins more time to resolve insolvency
India’s specialist bankruptcy court, the National Company Law Tribunal (NCLT), has granted the administrator of Go First (Mumbai International) another 60 days to complete the carrier’s corporate insolvency resolution process. The court granted the extension, which now runs until June 3, during an April 8 hearing. Go First’s administrator, known locally as a resolution professional,…