SINGAPORE – Electric van leasing company EVCo has been put under insolvent liquidation, with debts of almost $50 million. EVCo, also known as Strides DST, is 60 per cent owned by transport operator SMRT’s business arm Strides Holdings and 40 per cent by Dishangtie Green Technology (Hong Kong). The two-year-old firm was incorporated in March…
Brisbane builder collapses with $3m in debts, 35 projects in limbo Courier Mail Read the original article here
England and Wales record second-highest company insolvencies since 2009 Reuters UK Read the original article here
Bankruptcy is one way out of Trump’s financial jam. He doesn’t want to take it. The Washington Post Read the original article here
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk The Brussels Times Read the original article here
David Crisafulli, the politician likely to become Queensland’s next premier, ran a training organisation liquidators believed may have been trading insolvent from the day he started as a director. The Melbourne-based company, Southern Edge Training, was a registered training organisation that offered courses from health administration to forklift operating, and received government funding. It collapsed…
Plot twist in Van Hool’s post-bankruptcy developments: Dumarey Group made a new bid (together with ABC Companies). And another buyer also pops up…. Sustainable Bus Read the original article here
As a freelance EV reporter, I’m not always first in line to test new cars, even the electric ones. So I was delighted when I learned I would get a 2023 Fisker Ocean to test. Sure, by then it was May 2024, but I’d seen a few on the roads—and the car clearly had buzz,…
NCLAT Stays Insolvency Proceedings Against Coffee Day Enterprises Till Next Date Of Hearing | Image Source: Wikipedia (Representative) The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the…
EXCLUSIVE: Zig Zag, the 25-year-old UK producer behind shows including Fox‘s I Wanna Marry Harry, is shutting its production arm after being hit by the unscripted commissioning drought. Zig Zag is putting Zig Zag Productions Limited into insolvency as part of a financial restructuring that has resulted in six employees being made redundant. The company,…