The historic winery “Evangelos Tsantalis S.A. Viticulture – Winery – Distillery” (under the distinctive title “OINOS S.A.”), by decision of the Court of First Instance of Thessaloniki registered in the General Commercial Register on 12 January 2026. The court declared the company in bankruptcy, set the year 2023 as the year of cessation of payments,…
Resolution Professional Fraternity Untouched by Contempt, Needs to Be Taught a Lesson: NCLAT Chennai Moneylife Read the original article here
Resolution Professional Fraternity Untouched by Contempt, Needs to Be Taught a Lesson: NCLAT Chennai Moneylife Read the original article here
Danielle KayeBusiness reporter Getty Images Shoppers leave a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois. On a recent January morning, tourists admired the rows of Balenciaga and Burberry handbags on display at Saks Fifth Avenue’s flagship midtown Manhattan location. But a conversation on the second floor hinted at financial troubles at…
Saks Global has declared bankruptcy. The owner of Saks Fifth Avenue and other iconic luxury department stores filed for Chapter 11 bankruptcy late Tuesday in the Southern District of Texas. Each of Saks Global’s marquee brands — it also owns Neiman Marcus and Bergdorf Goodman — is a luxury retailing giant founded more than a century…
Biggest US retail collapses in recent years as Saks Global files for bankruptcy Reuters Read the original article here
Global business advisory Teneo has purchased PwC’s restructuring services practice in New Zealand after picking up its Australian arm last year, adding a further two dozen professionals. The acquisition also marks Teneo’s entry into New Zealand, the country joining a global network of almost two dozen locations around the world, with the consultancy stating it…
Global advisory firm Teneo buys PwC’s NZ restructuring business BusinessDesk | NZ Read the original article here
Deal for control of embattled luxury retail platform expected to close before Feb. 13. The co-founders of Montréal-based Ssense are close to regaining control of their luxury retail platform after it went into bankruptcy protection this past fall. Ssense entered insolvency proceedings in September, after its lenders sought a quick sale amid a cash…
German business lobby raises alarm over highest number of bankruptcies in 11 years Reuters Read the original article here