Aussie electric ute company goes bust, leaving behind 13 Rivian R1Ts – drive.com.au
Aussie electric ute company goes bust, leaving behind 13 Rivian R1Ts drive.com.au Read the original article here
The Guide to Restructuring – Fifth Edition – Shareholders in Brazilian bankruptcy: power dynamics and legal challenges in judicial reorganisations
The outcome of several judicial reorganisations in Brazil since the enactment of Law 11,101/2005,known as the Brazilian Bankruptcy Law, where equity holders received better treatment than would be expected in a similar proceeding if it was conducted in another jurisdiction (typically, in the United States) raised a question about the power of shareholders in Brazilian…
The National Bank of Ukraine has declared RVS Bank insolvent
On November 4, 2025, the Board of the National Bank of Ukraine decided to classify JSC “RVS Bank” as insolvent. This step was prompted by the bank’s failure to comply with the National Bank’s requirements to submit a revised financial recovery plan, risky operations that threaten creditors and depositors, and the lack of measures to…
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No Cookies | Daily Telegraph
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Former CEO Accused of Massive Financial Fraud Amid Bankrupt First Brands Scandal
Bankrupt auto parts maker First Brands has filed a lawsuit against its former CEO and founder, Patrick James, accusing him of financial fraud that plunged the company into insolvency. The legal action, filed with the U.S. Bankruptcy Court for the Southern District of Texas, claims James misappropriated vast sums for personal gain. A representative…
Loan default: Directors remain personally liable under NI Act even if company’s debt is settled through IBC proceedings, rules Bombay High Court
The Bombay High Court has said that directors of a company are still accountable for penalties and criminal proceedings under the Negotiable Instruments Act of 1881 even if their company’s debts have been settled under the Insolvency And Bankruptcy Code, 2016. This ruling came in the light of a case filed by a person who…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Danish insect ag firm ENORM declared bankrupt
Danish insect ag co ENORM has been declared bankrupt after spending six months in a court-supervised restructuring process. ENORM, which raised €50 million ($57 million) from backers including Danish ag co-op DLG in 2022, opened a factory in Jutland in 2023 to supply the animal feed market with protein and oil from black soldier fly…
National Bank of Ukraine Declares RVS Bank Insolvent with Full Deposit Compensation | Ukraine news
According to the National Bank of Ukraine’s press service NBU The Management Board of the National Bank of Ukraine has decided to classify JSC “RVS Bank” as insolvent. According to the regulator’s press service, the corresponding decision was published on 4 November 2025 under No. 398-rsh/BT. JSC “RVS Bank” has been classified as insolvent in…