Industry journal L’Officiel des transporteurs reports 645 company insolvencies in the second quarter of 2025 alone: a stark reversal of the typical spring recovery pattern. The figures represent a 1.4% increase from the previous quarter and a 7% rise year-on-year, with insolvencies up 55% over two years. The crisis extends beyond simple business closures. Business…
TEMPO.CO, Jakarta – The Central Jakarta Commercial Court has officially declared bankruptcy against PT Sejahtera Bintang Abadi Textile Tbk (SBAT), Indonesian textile company based in Cicalengka, Majalaya, and Cikancung, West Java, Bandung. The ruling came after the completion of the Suspension of Debt Payment Obligation (PKPU) process under case number 3/Pdt.Sus-PKPU/2025/PN Niaga Jkt.Pst. SBAT’s controller,…
One of Sweden’s most iconic esports organisations, GODSENT, has officially entered bankruptcy. According to Fragbite, the Malmö District Court approved the bankruptcy filing earlier this month after the organisation’s holding company, Godsent AB, failed to settle its debts. This news marks the end of a turbulent chapter for the organisation founded in 2016 by Markus…
Meyer Burger Technology AG / Key word(s): Delisting/InsolvencyDebt moratorium for Swiss companies of the Meyer Burger Group published 17-Sep-2025 / 06:45 CET/CESTRelease of an ad hoc announcement pursuant to Art. 53 LRThe issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 LR Thun, Switzerland – September 19, 2025…
NEW DELHI: Fair trade regulator CCI on Tuesday said it has given in-principle approval to PNC Infratech‘s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. “The proposed combination relates to the acquisition of minimum 95 per cent and maximum up to 100 per cent of Jaiprakash Associates…
The transport company Eurosped Belgium (ESB) has once again been declared insolvent. This is the second such ruling in recent years – initially, the court declared bankruptcy in March 2022, and now, in September 2025, it has again confirmed the company’s insolvency. Founded in 2006, the company quickly gained a strong market position – in…
The transport company Eurosped Belgium (ESB) has once again been declared insolvent. This is the second such ruling in recent years – initially, the court declared bankruptcy in March 2022, and now, in September 2025, it has again confirmed the company’s insolvency. Founded in 2006, the company quickly gained a strong market position – in…
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Federal Court transfers corporate insolvency case to WA Supreme Court Australasian Lawyer Read the original article here
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. M.W. writes: In 2017 I met financial adviser Christopher Burgess of Alderley Wealth Management. I made some investments,…