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Hortilux Schréder declared bankrupt, restart under consideration

Hortilux Schréder has been declared bankrupt. The Dutch company develops, assembles, and sells lighting installations for greenhouse horticulture and vertical farming. Hortilux was granted a suspension of payments last Thursday, September 10, which was today converted into bankruptcy at the request of the court-appointed administrator. A restart of the lighting company’s activities is being…

Hortilux Schréder declared bankrupt, restart under consideration

Hortilux Schréder has been declared bankrupt. The Dutch company develops, assembles, and sells lighting installations for greenhouse horticulture and vertical farming. Hortilux was granted a suspension of payments last Thursday, September 10, which was today converted into bankruptcy at the request of the court-appointed administrator. A restart of the lighting company’s activities is being…

ERROR: The request could not be satisfied

ERROR: The request could not be satisfied The request could not be satisfied. Request blocked. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers…

5th Avenue has filed for insolvency proceeding

It has been known for several days that 5th Avenue Products Trading-GmbH has filed for insolvency. We most recently reported on the background to this situation in our article “Cuba’s Cigar Paradox,” among others. Today, Monday, September 14, the company issued the following statement to the public: “Dear Customers, Business Partners, Members of the Media,…

LiveLawBiz IBC Weekly Digest: September 7

SUPREME COURT Supreme Court Refuses To Interfere With NCLAT Ruling That IRP Remuneration Is Open To Judicial Scrutiny Case Title : MOHD NAZIM KHAN vs HDFC BANK LIMITED AND ORS. Case Number : C.A. 12083/2026 The Supreme Court on Wednesday refused to interfere with a National Company Law Appellate Tribunal (NCLAT) order holding that a…