Ohio distillery owner declares bankruptcy amid fraud charges, partner lawsuits – Lexington Herald Leader
Ohio distillery owner declares bankruptcy amid fraud charges, partner lawsuits Lexington Herald Leader Read the original article here
Why Michael Saylor Won’t Go Bankrupt Even If Bitcoin Falls To $74,000 – Strategy (NASDAQ:MSTR)
Fears that a drop in Bitcoin (CRYPTO: BTC) to $74,000 would push Michael Saylor‘s Strategy (NASDAQ:MSTR) toward bankruptcy are largely misplaced, according to fresh analysis. What Happened: In a recent post on X, market commentator Bull Theory pointed out that Strategy now functions primarily as a Bitcoin treasury company. It holds about 672,497 BTC, valued…
Jhoots Pharmacy chain could face insolvency after Lloyds Bank high court application | Retail industry
A struggling national pharmacy chain accused of owing its locums £670,000 in unpaid fees has been hit with an application to place the business into insolvency proceedings. Jhoots Chemist, which trades under the name of Jhoots Pharmacy, was named in a high court application to appoint an administrator, submitted on Monday by Lloyds Bank. The…
Guarantee Need Not Be Invoked For Guarantor To Seek Personal Insolvency: NCLT Indore
The National Company Law Tribunal (NCLT) at Indore has held that a personal guarantor can invoke insolvency proceedings against himself or herself under the Insolvency and Bankruptcy Code once a default occurs, even if the lender has not invoked the personal guarantee. A coram of Judicial Member Brajendra Mani Tripathi and Technical Member Man Mohan…
MT Educare Discloses Loan Defaults Amid Ongoing Insolvency Process – TipRanks
MT Educare Discloses Loan Defaults Amid Ongoing Insolvency Process TipRanks Read the original article here
Will Saylor’s Strategy Go Bankrupt If Bitcoin Drops To $74,000?
As Bitcoin has stayed below $100,000 for the past two months, concerns are growing among investors. Many are now asking what could happen to Strategy if Bitcoin drops to $74,000, a level that is only about 15% below its current price. Despite these worries that the strategy could face bankruptcy, the company continues to add…
Port-a-potty company files for bankruptcy to wipe away $2.4 billion in debt – Reuters
Port-a-potty company files for bankruptcy to wipe away $2.4 billion in debt Reuters Read the original article here
REVEALED: Latest business liquidations in Yarra – Herald Sun
REVEALED: Latest business liquidations in Yarra Herald Sun Read the original article here
NCLAT Rulings of 2025 [Part 3]
NCLAT Upholds Liquidation of Go Airlines Busy Bee Airways Pvt. Ltdvs Dinkar T Venkatasubramanian CITATION : 2025 TAXSCAN (NCLAT) 182 The National Company Law Appellate Tribunal (NCLAT), New Delhi bench upheld the liquidation by finding that, in the absence of a compliant resolution plan, the Committee of Creditors (CoC), acting in accordance with Section 33(2)…
Syska LED Promoter Among 4 Bidders for Bankrupt Electronics Firm – Outlook Business
Syska LED Lights Pvt Ltd, once a well-known name in the consumer lighting market, is currently going through an insolvency resolution process after facing serious financial trouble. This process has attracted interest from four potential buyers. These include Syska’s own promoter, Germany-based investment firm Mutares Group, and two Indian companies, Aikyam Stressed Asset Fund and…