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A.M. Scott Distillery in Ohio has filed for Chapter 11 bankruptcy protection, with its debt totalling US$3.35 million. There were 64 active craft distilleries in Ohio as of August last year The filing was recorded in the US Bankruptcy Court for the Southern District of Ohio on 22 December. Under Chapter 11, the distillery can…
Business advisory firm Quantuma has announced it has promoted restructuring specialist Alyson Richards to Director. Richards, a licensed insolvency practitioner based in the firm’s Southampton office, is a member of Quantuma’s Restructuring and Insolvency team. She has more than 20 years’ experience in corporate restructuring and personal insolvency, Richards has advised on a wide range…
Saks is looking for more options to save itself. The U.S. luxury department store chain is in negotiations with some of its creditors to obtain a loan of up to one billion dollars in order to avoid filing for bankruptcy, which could take place in the next few weeks. Some of the company’s bondholders…
Dubai court declares Gulf national insolvent over Dh2.56m in unpaid debts Gulf News Read the original article here
Lee Cheol’s Value Invest Korea declared bankrupt after failed rehabilitation plan – CHOSUNBIZ Chosunbiz Read the original article here
Lee Cheol’s Value Invest Korea declared bankrupt after failed rehabilitation plan – CHOSUNBIZ Chosunbiz Read the original article here
— By Plasteurope.com staff — The three German companies belonging to polyamide manufacturer Domo Chemicals (Ghent, Belgium, www.domochemicals.com), namely Domo Chemicals, Domo Caproleuna (both in Leuna), and Domo Engineering Plastics (in Premnitz), filed for insolvency on 29 December 2025. The provisional insolvency administrator is Lucas Flöther from Flöther & Wissing Insolvenzverwaltung (Berlin; www.floether-wissing.de), which recently…
Brittany Higgins is declared bankrupt after Linda Reynolds court saga MSN Read the original article here
The number of retail and hospitality business insolvencies declined throughout 2025 as the overall number of company closures remained steady, new data from professional services firm PwC shows. The latest PwC Insolvency Barometer shows the number of insolvencies recorded in 2025 hit 848 which is down from the 868 recorded in 2024. However, it is…