Delvano, known for its blue-and-yellow sprayers, had been struggling for some time. The machinery manufacturer had been active in the manufacture of ag machinery for nearly six decades. The company was founded in 1966 and set to celebrate its 60th anniversary this year. According to the reiver, the difficult situation in the agricultural sector played…
New Delhi: In a move to strengthen safeguards in the insolvency resolution process for personal guarantors to the corporate debtors, Insolvency and Bankruptcy Board of India (IBBI) is learnt to have proposed changes in its norms governing the insolvency resolution process, including the exclusion of related parties of the guarantor from voting on the repayment…
A Parent Media Co. Inc. and subsidiary Kidoodle, Inc. were placed into receivership on September 3, 2026, after a June liquidity crisis and a dispute over the priority of emergency financing culminated in enforcement by a group of second-lien lenders. The Calgary-based technology and media company operates Kidoodle.TV, a children’s streaming service, and Victory+, a…
Salim Mehajer declared bankrupt Nine.com.au Read the original article here
Former business partner of rugby great Ronan O’Gara loses personal insolvency arrangement Irish Independent Read the original article here
Lime House School, operated by Genwise Ltd, has not paid workers for August and has since ceased trading. The company, which has been under a Company Voluntary Arrangement (CVA) since February 2026, is now moving toward liquidation. Despite this, no liquidator has yet been appointed, leaving employment matters in the hands of company directors and…
The 47-year-old female aide who was caught in a sex scandal with a Thai abbot was reportedly a mother of three who had previously gone bankrupt. She reportedly became rich just a few years after her discharge from bankruptcy, despite not having a stable job. According to Bangkok Post, Punyavee Rungrueang and the…
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Another travel company ordered to close in bankruptcy, cancel all trips thestreet.com Read the original article here
Will Germany’s Cuban cigar distributor restructure or liquidate its assets? That’s now the major question for 5th Avenue Products Trading GmbH, which distributes Cuban cigars to Germany, Austria and Poland. Last week, the company halted operations and notified retailers that it would no longer be supplying Cuban cigars for the time being. Now, the company…