Islamic Society of Melbourne Eastern Region to be wound up following insolvency ruling. (Unsplash) By Shamsiya Hussainpoor The winding-up case involving the Lysterfield Islamic Society of Melbourne Eastern Region Inc. has recently come to a close, with the court making a significant decision that highlights the challenges not-for-profit organisations face when handling financial insolvency and…
The collapse of British Home Stores and the subsequent High Court action against its directors serves as a stark reminder of the potential risks for company officers deemed to have breached their company duties. The former high street chain went out of business in 2016 after running out of money. Two former directors defending the…
Volocopter Enters New Phase of Insolvency To Save eVTOL Aircraft Project Aviation International News Read the original article here
Volocopter advances insolvency proceedings amid investor search Zag Daily Read the original article here
Breadcrumb Trail Links News Local News The local company had employed 50 people; it’s unclear whether they will receive severance Published Mar 05, 2025 • Last updated 21 hours ago • 2 minute read The Nugget has learned Central Welding & Iron Works in North Bay is bankrupt. During operation the business had employed 50 people.…
Bankruptcy proceedings were initiated in recent months, and court documents show Central Welding was legally declared bankrupt on Feb. 15 in the Ontario Superior Court of Justice A North Bay company in operation for decades has been deemed bankrupt by the court, and its approximately 50 employees have been let go with severance and pension packages in doubt.…
CASA declared bankrupt, three receivers appointed The Brussels Times Read the original article here
Texas gun company goes bankrupt two years after launch as firearm users bemoan ‘gunfluencers’ MSN Read the original article here
The Competition Commission of India on Tuesday cleared JSW Energy‘s proposal to acquire KSK Mahanadi Power Company. “The proposed transaction involves the acquisition of 100% shareholding in KMPCL (which is currently undergoing CIRP initiated under the Insolvency and Bankruptcy Code, 2016), by JSWEL (through JSW Thermal),” the regulator said in a release. JSW Energy Ltd…
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