Bedrocan’s Dutch entities have officially been declared bankrupt, leaving stocks of life-saving medicinal cannabis in the hands of court-appointed administrators who cannot release them. Less than two weeks after being granted court-supervised suspension of payments, Bedrocan Nederland B.V. and Bedrocan International B.V., the two Dutch entities of Europe’s longest-standing medicinal cannabis producer, were declared bankrupt…
Transport operator hits another bump with second insolvency notice TheBusinessDesk.com Read the original article here
Transport operator hits another bump with second insolvency notice TheBusinessDesk.com Read the original article here
The Insolvency Service shut down a company that claimed it could help directors of failed businesses ‘walk away’ with ‘no comeback’ after an investigation. Leeds-based Ellan NW Ltd, trading as Knowsley Recovery, claimed it could help directors avoid the insolvency system by arranging the purchase of their struggling companies. The company claimed the new owners…
Insolvency for historic German bike manufacturer while production continues—for now Bike Europe Read the original article here
REVEALED: Liquidator appointments for businesses in the Canterbury-Bankstown council area for October 12 The Daily Telegraph Read the original article here
They guaranteed a school safety project. The contractor went bankrupt. Now Markel wants $1.6 million What happened: Markel Insurance alleges four personal guarantors refused to post $1.6M in collateral after the contractor they backed defaulted on a school district project and filed for bankruptcy. Who’s involved: Markel Insurance Company (surety), SunSafe Film, LLC (contractor), Grand…
Getty Images plans bankruptcy filing, to go private Reuters Read the original article here
After abandoning a $3.7 billion merger with rival Shutterstock in late June over a regulatory roadblock, Getty Images now plans to file for Chapter 11 bankruptcy and go private in partnership with Charles Koch’s investment firm. As the company plots an overhaul, it says that there will be no impact on operations, employees, partners and…
REVEALED: Liquidator appointments for businesses in the Hobsons Bay council area for October 12 Herald Sun Read the original article here