Insolvency upswing – the surge in company dissolutions and the residual assets dilemma – Dentons
Insolvency upswing – the surge in company dissolutions and the residual assets dilemma Dentons Read the original article here
Dutch arm of vertical farming startup Infarm declared bankrupt – Sifted
Dutch arm of vertical farming startup Infarm declared bankrupt Sifted Read the original article here
The Body Shop Belgium declared bankrupt
The Body Shop‘s Belgian branch has been declared bankrupt. A German buyer is reportedly already in place to acquire the profitable remains. Done deal The bankruptcy was declared in the Netherlands, because the Belgian activities are part of the same entity as the Dutch shops. The receiver has not yet announced what the consequences are…
Building a core rule-based decision tree to explain the causes of insolvency in small and medium-sized enterprises more easily
Methodological process Figure 1 shows our research framework. First, we collected datasets on the technological feasibility assessment used in the actual lending progress to SMEs. In the preprocessing step, we extracted technological feasibility assessment information of the manufacturing industry. We divided the datasets into three types, a general type, a technology development type, and a…
Dutch glass manufacturing site declared bankrupt
Nippon Electric Glass’ (NEG) site in Westerbroek, The Netherlands was declared bankrupt yesterday (Tuesday). It means around 275 employees are at risk of losing their jobs as well as 50 temporary workers. District Curator Jeroen Reiziger said its Japanese owner had decided it could no longer afford to keep absorbing losses of up to €1…
Katie Price declared bankrupt for second time over unpaid £750,000 tax bill
Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Katie Price has been declared bankrupt for a second time over an unpaid tax bill worth more than £750,000. The former glamour model, who was previously declared bankrupt in 2019, owes £761,994.05 to…
Businesses that survived thanks to pandemic expected to collapse
He said more than two-thirds of the ATO’s $50 billion in collectable debt was owed by small firms. “During the pandemic, we took a different audit posture with individuals and small businesses, chased fewer lodgements and recovered less debt,” Hirshchorn said. “While we resumed stronger action in late 2021, we have observed a behavioural shift…
The hellish consequences of being bankrupted like the subpostmasters… and what to do if it happens to you
The consequences of bankruptcy can be devastating, as the Post Office scandal has laid bare. As dramatised in the ITV hit Mr Bates vs the Post Office, several former Post Office workers were forced to go bankrupt after they struggled to cover the fictional financial losses out of their own pocket or fight in court…
Fisker Wants To Partner With Another Automaker Before Its Goes Bankrupt
UPDATE: An exclusive report from Reuters indicates that Nissan is the automaker with which Fisker is negotiating. The two companies are allegedly in “advanced talks,” and could finalize a deal by the end of the month. Nissan would allegedly invest more than $400 million into the platform for Fisker’s Alaska electric pickup, and the Japanese…
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