Benny Landa, along with other shareholders, Aaron Frenkel and Dudi Weisman, have agreed to inject capital into Lusix, the laboratory diamond company, to cover August salaries for all employees and provide severance pay for those who were laid off, including the cost of the 30-day advance notice. Lusix, which is burdened with a debt of…
Chapter 11 status for Dutch wholesaler and cycling gear brand AGU Bike Europe Read the original article here
Ilford taxi and delivery driver claimed £100,000 of Bounce Back Loans and failed to spend the money on his businesses Hafiz Saeed Ahmad, of Ilford, overstated the turnover for two businesses to falsely claim a total of £100,000 from the covid loan scheme Ahmad claimed the maximum loan of £50,000 each for his taxi and…
One of the largest residential solar installers in the nation has abruptly shut its doors and filed for bankruptcy in the latest blow to a troubled industry. Titan Solar, which installed thousands of systems across the U.S., informed its employees June 13 that it was “closing its doors,” having failed to secure a buyer for…
Katie Price’s TikTok income is to be suspended, amid ongoing measures to resolve a bankruptcy case against her, a court has ruled. The 46-year-old glamour model – who was introduced using her legal name Katerina Price – did not attend the virtual hearing despite being served notice at her given addresses. Image: Price with boyfriend…
Bird Flies Again From Bankruptcy With a New, Regulator-Friendly Strategy Inc. Read the original article here
Britain is ‘broke and broken’, new government declares Reuters UK Read the original article here
By DPA Translated by Roberta HERRERA Published Jan 9, 2024 The German department store chain Galeria Karstadt Kaufhof (GKK) has filed for insolvency at the Essen District court. The company is actively seeking a new owner, and discussions with potential investors have already commenced with the aim of sustaining Galeria’s operations. Reuters “Operational success at…
By Phan Minh Thong Wed, May 15, 2024 | 1:22 pm GMT+7
Katie Price, once a highly successful glamour model with a net worth of around £40 million, has seen her fortune dwindle dramatically. This culminated in repeated bankruptcies and a financial collapse that has left many questioning how she ended up in this situation. In March 2023, Price declared bankruptcy over an unpaid tax bill of…