Three Noosaville hospitality venues have closed their doors suddenly after several of the owners’ companies cascaded into a mixture of administration and liquidation. JD’s Chicken Co and Apero Noosa, at 203 Gympie Terrace, Noosaville, and Frenchies Brasserie Noosa, at Thomas Street, Noosaville, have all shut. People identifying themselves as employees said on social media that…
Japan corporate firm bankruptcies increased by 22% in H1 Anadolu Agency | English Read the original article here
Katie Price reportedly ‘blew £10,000 in a month on designer clothes and takeaways’ after she was declared bankrupt. Pals of the former glamour model, 46, claimed she splurged £7,000 during a single visit to Selfridges. It was also reported that she spent roughly £500 on takeaways including Dominoes pizza and £2,500 on shoes in the…
Even though an insolvency administrator is already involved, this is still a so-called pre-restructuring phase. In this phase, which lasts six months and can be extended by three months if necessary, Human Horizons must work with the insolvency administrators to protect assets, manage operations prudently and attract strategic investors. This period is seen as a…
July 5, 2024 Photo: Depositphotos.com Doctors chain Zorg BV, a part of Co-Med, has been declared bankrupt at a court in Maastricht, after weeks of uncertainty. The chain, which served 50,000 patients, was effectively brought to a standstill two weeks ago when insurers stopped working with it. They feared that shortages meant that its patients…
Bradley Wiggins explains how he ended up going bankrupt Joe UK Read the original article here
Mexican steelmaker Altos Hornos de México (Ahmsa) announced that it will enter bankruptcy after failing to reach an agreement with creditors, although it continues to work to attract investors to capitalize the company. A second 90-day extension period to negotiate with creditors to end the bankruptcy proceedings came to an end on August 4 without…
The major downside to cryptocurrency is the risk of loss, which is even more difficult to manage when a crypto exchange is holding your keys. In July 2022, two major crypto trading platforms, Voyager and Celsius, declared bankruptcy. In November 2022, crypto exchange FTX suffered a major liquidity crisis and filed for Chapter 11. FTX…
The number of bankruptcies rose again in July. According to Statistics Netherlands (CBS), 24 more companies were declared bankrupt last month than in June, an increase of 6 percent. CBS says the trend in the number of bankruptcies has been rising for more than two years. In the first seven months of 2024, approximately 43…
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