NCLAT Halts Insolvency Proceedings Against Coffee Day Enterprises – NDTV Profit
NCLAT Halts Insolvency Proceedings Against Coffee Day Enterprises NDTV Profit Read the original article here
Katie Price says she missed bankruptcy case due to ‘dealing with serious stuff’
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Katie Price has said she missed a court case where she was declared bankrupt for the second time due to “dealing with serious stuff.” The former glamour model…
Fall Damage Studio declared bankrupt by parent company Fragbite Group
Fall Damage’s book value will be down to zero on Fragbite’s forthcoming balance sheet Stay Informed Get Industry News In Your Inbox… Sign Up Today The board of directors of Fragbite Group has declared bankruptcy for its subsidiary Fall Damage Studio. According to the company in a release, the bankruptcy became unavoidable after the Swedish development…
Bonza’s directors accused of trading while insolvent, creditors may walk away with nothing
In short: Administrators for collapsed airline Bonza say the company likely traded while insolvent. The company’s directors are likely to be referred to the corporate regulator for investigation. What’s next? Creditors, including 323 staff and 71,399 customers, could walk away with nothing. Administrators for collapsed airline Bonza say the company likely traded while insolvent, with…
Ex-ILVA declared insolvent – Business
A Milan bankruptcy court on Thursday declared the former ILVA steelworks at Taranto in Puglia insolvent, the necessary premise for the installation of special commissioner Giancarlo Quaranta to run the plant, now called Accaierie d’Italia (AdI), ahead of possible new foreign partners joining after multinational ArcelorMittal’s term ended acrimoniously. The declaration of insolvency, at…
Bradley Wiggins could lose Olympic gold medals after being declared bankrupt – The Mirror
Bradley Wiggins could lose Olympic gold medals after being declared bankrupt The Mirror Read the original article here
Restructuring: transferring company shares and temporal limits
It is common for deed administrators, as part of a restructuring involving a deed of company arrangement (DOCA), to seek the leave of the Court to transfer the shares held in the company to the proponent (or nominee) on the basis that the purported transfer would not unfairly prejudice the interests of the members of…
Why do councils go bust and what happens when they do?
A spokesperson for the Department for Levelling Up, Housing and Communities, which looks after local government, said: “Councils are responsible for the management of their own finances. “The Local Government Finance Settlement for 2023/24 makes available up to £59.7bn for local government in England, an increase in Core Spending Power of up to £5.1bn or…
Gainax, known for ‘Evangelion’ anime production, goes bankrupt
Gainax, known for producing the popular anime series “Neon Genesis Evangelion,” said Friday that it filed for bankruptcy at Tokyo District Court on May 29. Founded in 1984, the Tokyo-based company produced hit anime titles, including the Evangelion series by film director Hideaki Anno and “Nadia: The Secret of Blue Water.” Its business conditions began…
Delish Deliveries collapses amid scores of customer complaints
The 60-year-old carer from Shellharbour said she just wanted answers, given she had been a loyal supporter of the brand since 2021. “I noticed towards the end of last year … the produce wasn’t predominantly Australian as it used to be, the choices had diminished,” she said. ‘The last order I put in over two…