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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SpiceJet is facing new insolvency claims from three Irish aircraft leasing companies and a former pilot. The parties alleged the airline of defaulting on rent and employment payments, adding to the financial strain as it attempts to resume operations. Three Irish lessors, NGF Genesis Ltd, NGF Charlie Ltd, and NGF Alpha Ltd, have alleged that…
By BEN SHIMKUS, CONSUMER REPORTER FOR DAILYMAIL.COM Published: 18:24 AEDT, 6 March 2025 | Updated: 18:24 AEDT, 6 March 2025 A gun manufacturer, known for its high-end rifles and military-style firearms, has filed for bankruptcy. Just over two years since its launch, Watchtower Firearms, the Texas-based manufacturer, filed for Chapter 11 bankruptcy at the end of last…
Home Business Meet man, a Billionaire, who spent Rs 5500000000 on daughter’s marriage, later declared bankrupt, his brother is richest Indian in… Pramod Mittal’s journey from being a billionaire to declaring bankruptcy highlights the unpredictable nature of wealth and fortune. Pramod Mittal, once counted among the world’s richest individuals, went through a dramatic downfall that…
APUS Zero Emission Faces Provisional Insolvency Update FuelCellsWorks Read the original article here
Interior design firm Casa filed for bankruptcy in a Belgian court on Wednesday, raising questions over the future of the company’s stores and employees in Luxembourg. Casa has eight stores across the Grand Duchy and its latest annual results listed 26 employees in the country in 2023. The Luxembourg stores “will remain open” for the…