Preliminary insolvency proceedings were opened for logistics service provider Betz International on 7 April 2026, the local court in Tübingen announced. Attorney Dr. Dirk Poff has been appointed as the provisional insolvency administrator. He is now to examine whether the business can be continued and whether investor solutions can be implemented. The company, headquartered in…
Jaypee Group Founder Jaiprakash Gaur on Friday expressed support for the Adani Group’s takeover of his insolvent flagship company Jaiprakash Associates Ltd, stating that he has full confidence in Gautam Adani’s leadership to take the company forward. The statement comes amid an ongoing legal tussle, days after Anil Agarwal of Vedanta Ltd. claimed that Gaur had preferred his group as…
‘Fair and transparent process’: Jaypee founder backs resolution; Adani Ent gains 2.23%, JP Power up… Moneycontrol.com Read the original article here
MEP Infrastructure Updates Markets on Progress of Insolvency Process TipRanks Read the original article here
David Sharaz declared bankrupt in federal court hearing prompted by Linda Reynolds MSN Read the original article here
Bankruptcy court approves natural gas compression company Axip’s $161 million sale The Business Journals Read the original article here
Insolvency appointments March 21 to April 10 2026 businessnews.com.au Read the original article here
The IBC, in its original form, embodied this spirit in its intent so that the new investor gets a fresh start and all past claims are extinguished, save what is provided in the corporate rescue plan. However, this is an oft-litigated area when creditors including state authorities come after the rescued company under the new…
A UK parcel company has entered liquidation, with directors moving to formally wind up the business. Winn & Pepworth Limited, which operated in the parcel courier sector, has gone into Members’ Voluntary Liquidation. The firm is based in Ellesmere Port, Cheshire, at Chester House, Lloyd Drive. The process began on March 25, when members appointed…
Judge blasts ‘Stalingrad’ strategy in R1bn fight over Educor-linked property group News24 Read the original article here