Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent – Airdrie City View
Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent Airdrie City View Read the original article here
Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent – The Albertan
Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent The Albertan Read the original article here
Man misappropriated $470k paid by more than 200 customers for pilgrimage; sentencing in October
SINGAPORE – An undischarged bankrupt misappropriated about $470,000 from more than 200 people who had signed up for a package to perform the umrah – an Islamic pilgrimage to Mecca in Saudi Arabia. The customers received no news about arrangements for the trip, and found out in November 2015 that it would not take place. Singaporean…
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IBC reform moots skirting lender disputes for firms’ turnaround plan
New Delhi: In a move that will facilitate a quicker turnaround of insolvent companies, the government has proposed a key change to the country’s bankruptcy law that will let the firms’ revival plans move ahead even if the lenders are locked in disputes over how to share the proceeds, two people aware of the discussions…
Publishers Clearing House prize winners lose payouts after bankruptcy
Bankruptcy records show at least ten “forever” prize winners may never collect millions they were promised. PORTLAND, Ore. — For decades, Publishers Clearing House made dreams come true. In August 2012, its Prize Patrol surprised a Southern Oregon man with balloons, flowers and an oversized check. “You won $5,000 a week, forever!” a member…
Insolvency Analysis: Bucharest Remains on Top, While Bihor County Records a 356% Increase – The Romania Journal
Insolvency Analysis: Bucharest Remains on Top, While Bihor County Records a 356% Increase The Romania Journal Read the original article here
Sale of Liberty Ostrava: lessons learnt from the Czech insolvency process – Taylor Wessing
Sale of Liberty Ostrava: lessons learnt from the Czech insolvency process Taylor Wessing Read the original article here
The (dis)connect between section 34 of the Insolvency Act and business rescue proceedings
One of the issues in Reiscor Two (Pty) Ltd t/a Bootleggers v Anheuser-Busch Inbev Africa (Pty) Ltd and Others (2022/2731) [2024] ZAGPJHC 363; [2024] 2 All SA 902 (GJ); 2025 (1) SA 315 (GJ) (11 April 2024) (Bootleggers) was whether section 34 of the Insolvency Act 24 of 1936 applies to the disposal of a…
Marked drop in company insolvencies in Northern Ireland, data shows – MSN
Marked drop in company insolvencies in Northern Ireland, data shows MSN Read the original article here