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Category Archives: Bankruptcy

American airline announces immediate shutdown after 66 years of service

BankruptcyBy EditorNovember 4, 2025

By ERIN DEBORAH WAKS, TRAVEL WRITER Published: 22:07 AEDT, 4 November 2025 | Updated: 02:06 AEDT, 5 November 2025 An American airline has announced its immediate shutdown after 66 years of service. Kenai Aviation has declared itself ‘financially insolvent’ and ceased operations, cancelling all flights. The owner of Kenai Aviation, Joel Caldwell, issued a statement expressing…

Homebuyers’ Interest Paramount in Real Estate Insolvency: Allahabad HC Orders Revival of Stalled Greater Noida Project

BankruptcyBy EditorNovember 4, 2025

Homebuyers’ Interest Paramount in Real Estate Insolvency: Allahabad HC Orders Revival of Stalled Greater Noida Project | Homebuyers’ Interest Paramount in Real Estate Insolvency: Allahabad High Court Orders Revival of Stalled Greater Noida Project Read the original article here

2003 England hero rocked by tragedy and scandal is now bankrupt – Ruck.co.uk

BankruptcyBy EditorNovember 4, 2025

2003 England hero rocked by tragedy and scandal is now bankrupt  Ruck.co.uk Read the original article here

NCLT Mumbai Directs BSE and CDSL To Lift Debit Freeze On Future Group Company's Demat Account – BW Legal World

BankruptcyBy EditorNovember 4, 2025

NCLT Mumbai Directs BSE and CDSL To Lift Debit Freeze On Future Group Company’s Demat Account  BW Legal World Read the original article here

2003 England hero rocked by tragedy and scandal is now bankrupt – Ruck.co.uk

BankruptcyBy EditorNovember 4, 2025

2003 England hero rocked by tragedy and scandal is now bankrupt  Ruck.co.uk Read the original article here

What happens when your insurance company goes bankrupt after a hurricane?

BankruptcyBy EditorNovember 4, 2025

This story is part of The Disaster Economy, a Grist series exploring the often chaotic, lucrative world of disaster response and recovery. It was produced by Grist and co-published with Verite News, and is published with support from the CO2 Foundation.  Jennifer and Dean Bye were just getting by before Hurricane Ida slammed into southern Louisiana in 2021.…

Jon Adgemis’ properties – South Bondi Hotel and Hotel Diplomat – hit the market amid bankruptcy

BankruptcyBy EditorNovember 4, 2025

Receivers of the bankrupt publican Jon Adgemis have listed three of his accommodation venues for sale, Empire Hotel, South Bondi Hotel and Hotel Diplomat in Sydney, adding to the tally of his former properties to hit the market this year. The three venues are among five assets owned by Adgemis’ Public Hospitality that lender Deutsche…

Two Sydney venues of bankrupt publican Jon Adgemis hit the market – CommercialRealEstate.com.au

BankruptcyBy EditorNovember 4, 2025

Two Sydney venues of bankrupt publican Jon Adgemis hit the market  CommercialRealEstate.com.au Read the original article here

Financial authorities shorten restructuring deadlines and designate insolvent card, capital firms for swift corrective action – CHOSUNBIZ – Chosun Biz

BankruptcyBy EditorNovember 4, 2025

Financial authorities shorten restructuring deadlines and designate insolvent card, capital firms for swift corrective action – CHOSUNBIZ  Chosun Biz Read the original article here

Number of architectural businesses in distress up by almost 20%

BankruptcyBy EditorNovember 4, 2025

The latest figures from insolvency specialist Begbies Traynor’s Red Flag Alert report reveals that 3,409 businesses involved in ‘architecture activities’ are in a state of ‘significant distress’, a 19 per cent rise compared with last year. A further 529 business in ‘urban planning and landscape architectural activities’ find themselves in a similar position – an…

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