Fisker is poised to break ground in the EV market, just not the way it wanted to. As the electric-vehicle startup founded by millionaire car designer Henrik Fisker teeters on the verge of bankruptcy, no one is quite sure what will happen to the roughly 6,000 vehicles already delivered to customers since June 2023. If…
Coinshares Backed FlowBank Declared Bankrupt Following FINMA Decision Cryptonews Read the original article here
The Port of Eilat declared bankruptcy due to an 85% drop in activity from Houthi attacks on Red Sea shipping, seeking aid from the Israeli government. Israel’s southern Port of Eilat declared bankruptcy due to a lack of commercial activity. The economic impact of Houthi strikes on Red Sea shipping led to an 85% drop…
KUALA LUMPUR, Aug 29 — The family of Altantuya Shaariibuu has filed for Abdul Razak Baginda to be declared bankrupt after he failed to pay them RM9.2 million. The family is seeking this amount after a civil court ruling in 2022 ordered Razak and three others to pay them RM5 million plus interest, according to…
Central Bank confirms DBZ insolvency – Zambia diggers.news Read the original article here
There are a variety of ways that someone with out-of-control debts can deal with the situation by going insolvent. Bankruptcy is only one of those options, yet it is the most recognised. The threat of losing your home, the public admission of money troubles, and that trip to court have all created the stigma that…
Collins Realty declared insolvent, employees owed over $200k Warwick Daily News Read the original article here
Bentleys’ Tracey Knight. Liquidator Jim Downey Craig Walton, a key figure in one of the most controversial corporate restructures of recent times, has declared bankruptcy a week before the commencement of a trial brought by liquidators chasing the 63 year old for a $1.65 million debt. A search of the National Personal Insolvency Index reveals…
CargoLogic Germany declared insolvent Air Cargo News Read the original article here
Getty Images Cryptocurrency lender Genesis has filed for bankruptcy. The firm had recently been charged by US regulators Securities and Exchange Commission (SEC) with illegally selling crypto. It is part of the Digital Currency Group (DCG), a conglomerate of more than 200 crypto-focused businesses. The insolvency of Genesis is linked to the bankruptcy of FTX,…