The World Cup winner is facing further financial difficulties Dallaglio is facing further financial difficulties (Image: Alan Crowhurst/Getty Images) Lawrence Dallaglio is reportedly facing financial ruin after being hit with a fresh £500,000 bill. The England rugby legend was declared bankrupt earlier this year following his divorce from wife Alice, whom he’d been with for…
Six freight carriers filed for bankruptcy in November, with some unsecured claims going well into six figures. These transportation firms filed for Chapter 11 bankruptcy, according to U.S. Bankruptcy Court documents obtained by Equipment Finance News: Empire Trimodal Terminal filed Nov. 19 in the northern district of West Virginia; Orange Courier filed Nov. 21 in the central district of California; P Judge & Sons Trucking filed Nov. 14 in the district of New Jersey; S &…
17 Iconic ’70s Restaurants That Went Bankrupt AOL.com Read the original article here
Supreme Court IBC Moratorium Doesn’t Bar Voluntary Surrender Of Corporate Debtor’s Leased Property To Lessor: Supreme Court Cause Title: Sincere Securities Private Limited & Ors. Versus Chandrakant Khemka & Ors. Citation : 2025 LiveLaw (SC) 774 The Supreme Court on Tuesday (August 5) held that the moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC),…
2025 brought a wave of bankruptcy filings across California, affecting businesses in industries ranging from real estate to food service. The filings spanned diverse sectors, including luxury homebuilding, skincare, pizza chains, and healthcare, as rising debt and financial pressures mounted. 11 California Companies That Filed for Bankruptcy in 2025 Eleven companies, including Rizo-Lopez Foods, Brooke…
Chef Michael O’Hare declared bankrupt after closure of Leeds restaurant backed by Gary Neville Insider Media Ltd Read the original article here
Beijing Jingcheng Subsidiary Tianhai Cryogenic Placed Under Court-Appointed Insolvency Manager TipRanks Read the original article here
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which continues to account for the second-highest share of cases under the corporate…
In a relief to Culver Max Entertainment (formerly known as Sony Pictures Network India), appellate Tribunal NCLAT has set aside an NCLT order rejecting the insolvency plea filed by the broadcaster against an Odisha-based fintech firm. The NCLAT has remanded the matter back to the Cuttack bench of the National Company Law Tribunal (NCLT) to…
New Delhi [India], December 29 (ANI): The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which continues to account for the second-highest…