US will go ‘bankrupt’ without DOGE: Musk

​​​​​​WASHINGTON Elon Musk said on Wednesday if the Department of Government Efficiency (DOGE) does not cut spending, America will go “bankrupt.” “So, we are actually tech support. It’s ironic, but it’s true,” Musk, who heads DOGE, said at the first Cabinet meeting after President Donald Trump made opening remarks. Wearing a black MAGA hat and…

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Lilium Likely Permanently Closed – AVweb

EVTOL hopeful Lilium has all but thrown in the towel with a second insolvency filing that will likely be its last, according to a company statement. “As the funding options to secure Lilium’s future have not materialized in time, Lilium Aerospace has filed for insolvency today,” the company said. “While talks about alternative solutions are…

Dutch West Plant Group officially insolvent

A week after the bankruptcy of West Plant Group’s parent company, the group’s own plant breeding companies have now been declared bankrupt. They are West Plant Fruits, West Plant Limburg, West Plant Vegetables, West Plant Biological and West Plant Retail. The liquidator is investigating the possibilities for a relaunch and is in talks with…

NCLT Allows Defaulter Company To Verify Its Insolvency Claims In Omkar Speciality Chemical Ltd Case

NCLT directs Bank of Baroda and Resolution Professional to provide Pravin Herlekar, former OSCL director, with a detailed breakdown of the ₹290.05 crore claim in ongoing insolvency proceedings | Representational Image Mumbai: The National Company Law Tribunal (NCLT) has directed the Resolution Professional (RP) of Omkar Speciality Chemical Limited (OSCL) and the Bank of Baroda…