Canadians affected by a 23andMe data security breach two years ago have reached a proposed class-action settlement with the genetic testing company for approximately $4.49 million. Canada’s privacy watchdog said in June the personal data of almost seven million people, including nearly 320,000 in Canada, was compromised by hackers over a five-month period beginning in…
Vedanta Ltd has secured approval from the National Company Law Tribunal’s Kolkata Bench to acquire Incab Industries, paving the way for a significant push into the downstream copper and aluminium space. The tribunal’s order clears the final hurdle in a long-pending Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. Incab Industries, headquartered in…
NCLAT Only the Committee of Creditors (COC) has the authority to appoint a liquidator for a debt-ridden company undergoing insolvency procedure, and not the NCLT, in cases where a Resolution Professional has not submitted a written consent, the appellate tribunal NCLAT has said. Passing a common order in two identical matters, where the National Company…
Keisha Ta-Asan – The Philippine Star December 4, 2025 | 12:00am MANILA, Philippines — The Philippines emerged in the lowest category in global ranking of insolvency regimes, with S&P Global Ratings citing weak protections for creditors and unpredictable outcomes when companies undergo rehabilitation or bankruptcy. The global debt watcher classified the Philippines as a Group…
Bankruptcy Proceedings Initiated for Aliuminio fasadai UAB The Manila Times Read the original article here
Produce companies Frutas Pejose and Zyrfresh have joined the list of firms in the sector that have ended up in insolvency proceedings, a trend that in recent years has been behind many of the corporate bankruptcies recorded in the Region of Murcia.…
Produce companies Frutas Pejose and Zyrfresh have joined the list of firms in the sector that have ended up in insolvency proceedings, a trend that in recent years has been behind many of the corporate bankruptcies recorded in the Region of Murcia.…
Published 03/12/2025 às 09:40 Even after bankruptcy, a famous Chinese automaker insists on staying in Brazil. Understand the strategy, the difficulties, and the future of Neta Auto. Neta Auto, a famous Chinese car manufacturer, is set to go bankrupt after entering receivership in China in 2025. The company,… Read the original article here
SIAC introduces the new Restructuring and Insolvency Arbitration Protocol www.hoganlovells.com Read the original article here
Builder Vasile Hrusca withdrew funds from his failing company to pay off a high-performance Audi and sold plant machinery under hire purchase agreements, spending the proceeds on gambling Hrusca was handed a suspended sentence and disqualified as a company director earlier this year Financial investigations by the Insolvency Service under the Proceeds of Crime Act…