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Hospitality company Sonder has officially filed for bankruptcy following the collapse of its partnership with hotel giant Marriott International. The San Francisco firm, which operated thousands of short-term rental units, including apartment-style and boutique hotel accommodations around the globe, filed for Chapter 7 liquidation proceedings in federal bankruptcy court in Delaware on Friday. In a…
By order of the District Court of Gelderland dated, four companies in the MPS Group have been declared bankrupt. According to the courts in a filing on October 28, 2025, MPS Holding, MPS Systems, MPS Service & Commissioning and MPS Supply Chain have been declared bankrupt. E.R. Looijen, attorney at Stellicher advocaten N.V., has been…
Alps Industries Reports Continued Losses Amid Insolvency Resolution Process scanx.trade Read the original article here
The Supreme Court on Friday transferred the commercial dispute pending before the Chennai bench of National Company Law Appellate Tribunal (NCLAT) to the principal bench in Delhi after a judicial member of the Chennai Bench alleged that he was approached by a retired High Court judge to favour one of the parties to the case.…
The Manipal Education & Medical Group (MEMG) has formally entered the running to acquire Think & Learn Pvt Ltd, the insolvent parent of the ailing edtech startup company BYJU’S. MEMG, which also manages the Manipal Academy of Higher Education (MAHE), confirmed yesterday, Thursday, November 13 that it had submitted an expression of interest (EoI) in…
Discloses that Insolvency Proceedings Have Commenced Related to Certain French Subsidiaries Gauzy Adamantly Opposes the Proceedings and Plans to Appeal as Soon as Possible Gauzy Working with Its Lenders to Ensure Financial Viability of Its French Subsidiaries TEL AVIV, Israel, Nov. 14, 2025 (GLOBE NEWSWIRE) — Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a…
azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and…
Funko warns of survival risks after big losses | ©Image Credit: GEEKSPIN Funko is in trouble, and it isn’t the usual retail slump or a bad quarter that some would shrug off as a temporary blip. The company behind Pop figures has laid out numbers that look ugly on their own and even worse when…
When to Declare Bankruptcy: Signs and Options Explained Investopedia Read the original article here