The Last Drop? Recovering Wine and Whisky Held by Insolvent Companies, Thomas Wood

Towards the end of the ultra-low interest period of the 2010’s, investors searching for yield began looking at alternative asset classes. While some embraced emerging digital assets such as cryptocurrencies and NFTs, others followed the time-honoured investment maxim to “invest in what you know”. Wine and whisky offered diversification from other asset classes, capital gains…

Truckers Sound the Alarm After 16 Companies Go Bankrupt in Just 30 Days: “A Really Bad Out of Service”

A devastating spike in fuel prices is quietly tearing apart the American supply chain. With national diesel averages rocketing to a record-breaking $6.53 per gallon in the fall of 2026, the financial strain is physically destroying the trucking industry. In a staggering 30-day stretch, 16 separate U.S. trucking companies were forced to file for bankruptcy…

NCLT Admits ₹66.27 Cr SBI Plea, Rejects MSME Framework

Home/Corporate Laws/NCLT Admits ₹66.27 Cr SBI Insolvency Plea; Upholds MSME Revival Framework Inapplicable Beyond ₹25 Cr Loan Limit [Read Order] Corporate LawsLaw Report SBI’s ₹66.27 crore claim admitted as MSME framework applied only to loans up to ₹25 crore Get the day’s tax rulings in your inbox × Headnote⁂ State Bank of India Vs Bhakti…

Preston director banned for 10 years over £50,000 loan

Grzegorz Bernat, of The Howgills, Fulwood, has been disqualified as a director for 10 years from October 7, following an investigation by the Insolvency Service. Bernat was the sole director of Gregmax Ltd, a company incorporated in June 2018 which later entered liquidation in January 2025. According to the Insolvency Service, Bernat caused Gregmax to…

Liquidator appointed to Scottish engineering company

ETI Engineering Limited, which was founded two decades ago, passed a special resolution “that it has been proved to the satisfaction of the members that the company is insolvent”. It also agreed that Derek Jackson, of Grainger Corporate Rescue & Recovery, has been appointed “for the purpose of winding up”. The company slumped from a…