Customers walk past a Wilko store closing down in Brownhills near Walsall (Joe Giddens/PA) The number of companies collapsing into administration jumped by nearly a third last month, official figures have shown, as fears mount that cost pressures from the Iran war could push more firms to the brink. The Insolvency Service said company administrations…
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth The number of companies collapsing into administration jumped by nearly a third last…
The Russian chain of clothing stores decided to go bankrupt Ореанда-Новости Read the original article here
Synopsis: The NCLT rejects Vedanta’s plea challenge and approves Adani Enterprises’ Rs 15,343 crore bid for insolvent Jaiprakash Associates. The Adani group to now gains massive land parcels, cement capacity, and infrastructure assets through the acquisition Jaiprakash Associates Limited (JAL), once the crown jewel of the Jaypee Group, was admitted into the Corporate Insolvency Resolution…
In January 2026, the accommodation and food services sector experienced a notable month-on-month increase in company insolvencies, rising by 9% from 205 cases in December 2025 to 223 in January. This uptick, while concerning in the short term, is set against a more favourable year-on-year backdrop. Compared with January 2025, when there were 273 insolvencies,…
Eastbourne and Hailsham gift shops close as company goes into ‘voluntary liquidation’ SussexWorld Read the original article here
The National Company Law Tribunal (NCLT), Allahabad, has approved Adani Enterprises’ over ₹15,000-crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL), rejecting Vedanta Ltd’s challenge. “Resolution plan is approved as per the details in the order,” the NCLT bench said while pronouncing the verdict. A detailed written order was not available till press time. After…
NCLT Approves Adani Enterprises’ Resolution Plan for Jaiprakash Associates scanx.trade Read the original article here
A Jersey doctor declared bankrupt nearly a decade ago has lost a court challenge to force the island’s chief enforcement officer to fund her legal fight in England. In a judgment delivered by the Royal Court, Dr Gail Cochrane failed to overturn a decision by the Viscount – the official responsible for administering bankrupt estates…
Fragmented national insolvency rules increase legal uncertainty and deter investors. Insolvency proceedings in the EU can take up to 3.5 years, and court costs can consume up to 15 per cent of the insolvency estate. cep proposes a four-pillar reform strategy, including a voluntary European ‘28th regime’ for cross-border insolvency cases The European Union aims…