azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and…
Funko warns of survival risks after big losses | ©Image Credit: GEEKSPIN Funko is in trouble, and it isn’t the usual retail slump or a bad quarter that some would shrug off as a temporary blip. The company behind Pop figures has laid out numbers that look ugly on their own and even worse when…
When to Declare Bankruptcy: Signs and Options Explained Investopedia Read the original article here
In a candid conversation with ANI in May this year, Raveendran acknowledged that strategic missteps, hasty global expansion, and unexpected macroeconomic shocks contributed to BYJU’S unravelling over the past few years. Raveendran traced the crisis to the company’s aggressive push into 21 countries during the pandemic-era boom from 2019 to 2021, fuelled by capital and investor pressure…
Lawyer claims money was given to him to discharge legal fees Insolvency lawyer Anthony Joyce leaves a Legal Practitioners Disciplinary Tribunal in Dublin. Photo: Mark Condren A prominent lawyer accused of helping two clients to hide assets from creditors told investigators a €10,000 bank draft they gave him a month before they were declared bankrupt…
BENGALURU: Manipal Education and Medical Group India (MEMG) submitted an expression of interest (EoI) to participate in corporate insolvency resolution process (CIRP) of Think & Learn, the parent company of Byju’s.In a statement on Thursday, MEMG India said it sought inclusion in list of prospective resolution applicants and requested access to company’s financial and operational…
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
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14.11.2025 German spider crane and glass handling sales and rental company Uplifter has appointed a preliminary insolvency administrator following an order from the Amberg District Court. The company, which continues to operate and trade while it restructures its finances, is based in Guteneck in Bavaria and at one time employed 75 staff, their salaries are…
Twelve more trucking companies filed for Chapter 11 bankruptcy in October, highlighting the embattled transportation finance sector. These freight carriers filed for Chapter 11 last month, according to U.S. Bankruptcy Court documents obtained by Equipment Finance News: G1 Transport filed Oct. 3 in the Northern District of Georgia; GEC Transport Solutions filed Oct. 6 in the Southern District of Texas; Hadnot Logistics filed…