Huge restaurant industry brand files Chapter 11 as lawsuits mount – thestreet.com
Huge restaurant industry brand files Chapter 11 as lawsuits mount thestreet.com Read the original article here
There is clarity now, but time is running out
Plantenkwekerij Jongerius has officially been declared bankrupt. The largely organic nursery, which played an important role in the Dutch organic horticultural sector, unexpectedly announced on 31 October that it would cease all activities. What followed were weeks of uncertainty and unrest, with staff, growers, and customers left without clear information. For a long time,…
NCLT Admits Gensol EV’s Insolvency Plea Against Mindra EV Over ₹1.61 Crore Default
The National Company Law Tribunal (NCLT) at Ahmedabad has recently admitted an insolvency petition filed by Gensol EV Lease Limited, a debt ridden company that was itself admitted to insolvency in June 2025, against Mindra EV Private Limited. The plea was admitted over a default of Rs 1.61 crore after the corporate debtor failed to…
700 Billion Won Fraud Company VIK Declared Bankrupt – 조선일보
700 Billion Won Fraud Company VIK Declared Bankrupt 조선일보 Read the original article here
Domo Chemicals’ German subsidiaries file for insolvency – Plastics News
Domo Chemicals’ German subsidiaries file for insolvency Plastics News Read the original article here
Business failures ‘stable’ in 2025 – PwC
(Pic: RollingNews.ie) Insolvency levels have remained steady over the past three years, according to figures from professional-services firm PwC. Its Insolvency Barometer shows that 848 business failed in 2025 – a slight decrease from 868 last year but higher than the 736 recorded in 2023. PwC’s analysis finds that last year’s insolvency rate…
Dubai court rules Gulf national insolvent over Dh2.56 million in unpaid liabilities
A Dubai civil court has officially declared a Gulf national insolvent after determining that he is unable to settle accumulated debts totaling Dh2.56 million owed to seven creditors, including banks, private individuals, and housing finance institutions. The court approved the insolvency petition and appointed a licensed insolvency trustee to examine the debtor’s financial standing and…
Business failures ‘stable’ in 2025 – PwC
(Pic: RollingNews.ie) Insolvency levels have remained steady over the past three years, according to figures from professional-services firm PwC. Its Insolvency Barometer shows that 848 business failed in 2025 – a slight decrease from 868 last year but higher than the 736 recorded in 2023. PwC’s analysis finds that last year’s insolvency rate was 27…
Rocke hits insolvency rivals, service providers with recovery action
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Ohio distillery goes bankrupt owing $3.35m
A.M. Scott Distillery in Ohio has filed for Chapter 11 bankruptcy protection, with its debt totalling US$3.35 million. There were 64 active craft distilleries in Ohio as of August last year The filing was recorded in the US Bankruptcy Court for the Southern District of Ohio on 22 December. Under Chapter 11, the distillery can…