Business Restructuring Review Vol. 24 No. 6 | November–December 2025 | Insights
Business Restructuring Review Vol. 24 No. 6 | November–December 2025 | Insights | Jones Day …
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Siti Networks sacks 410 employees as insolvency turmoil impacts operations
Siti Networks Limited has laid off around 410 employees as the troubled cable TV and broadband company grapples with mounting financial stress, operational turbulence and prolonged insolvency proceedings. The move, confirmed by a senior company source, has effectively brought most operational functions to a standstill. The layoffs come at a time when the Essel Group…
BRIPAN Reiterates Commitment to Rescue Govt Institutions, Business Insolvency in South East – THISDAYLIVE
*Holds first summit outside Lagos in 20 years in Imo Amby Uneze in Owerri The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has reiterated the resolve to rescue government institutions, business and private enterprises to stand firm and ready to meet up the challenges of survival in the current national and global economic…
Company collapses continue to climb
BWA Insolvency expects quarterly insolvency data to keep increasing until the middle of 2026. BWA Insolvency principal Bryan Williams. A pair of reports out this morning show insolvency activity continues to rise, with one firm warning it is expected to keep climbing until midway through 2026. Company failure data pulled together by BWA Insolvency shows…
Finance Colombia » Canacol Energy Seeks Colombian Judicial Recognition of Canadian Insolvency to Halt Asset Executions
Finance Colombia » Canacol Energy Seeks Colombian Judicial Recognition of Canadian Insolvency to Halt Asset Executions
IBC (Amendment) Bill, 2025: Creditor-Initiated Insolvency Resolution Process – Lexology
IBC (Amendment) Bill, 2025: Creditor-Initiated Insolvency Resolution Process Lexology Read the original article here
The taxing problem of zombie and phoenix companies
Opinion: Damien Grant isn’t normally the one making the case that the government needs to take more in tax. The liquidator and libertarian-minded columnist at the Sunday Star Times more typically wants what libertarians generally want – a government that spends less and that can let each of us keep more of our own money.…
Paolo Ardoino hits back at billionaire's Tether insolvency remarks – TheStreet
Paolo Ardoino hits back at billionaire’s Tether insolvency remarks TheStreet Read the original article here
Late CIRP Claims Get No Relief
Introduction The corporate insolvency landscaped a significant judicial pronouncement when the National Company Law Tribunal (NCLT) Mumbai adjudicated several interim applications concerning unpaid salary dues and financial claims by former employees of Indo Global Soft Solutions and Technologies Pvt. Ltd. This case illuminates critical aspects of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency…