The National Oil Corporation of Kenya (NOCK) has been declared “technically insolvent” by a parliamentary watchdog committee, which has now ordered a special audit into the agency’s operations. According to the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in…
Del Monte Foods Inc. has filed for Chapter 11 bankruptcy protection. Best known for selling canned fruits and vegetables, Del Monte is a beloved brand in the US. Just last year, the privately held company was named one of America’s most trusted. But the nearly-140-year-old business is in trouble and can’t repay its debts. Its…
The Todd Creek Farms subdivision in Brighton on Friday, Aug. 2, 2024. (Photo by Hyoung Chang/The Denver Post) A homeowners association in Brighton has gone bankrupt while trying to fend off accusations that its board president funneled a landscaping contract to his own company. Todd Creek Farms, which has 370 lots across 750 acres, has…
Gift card company’s bankruptcy affecting low-income earners in ⅓ of Dutch municipalities | NL Times Skip to main content Read the original article here
Andy Curry, head of investigations at the ICO, said: “Nobody should be made to feel uncomfortable or distressed after simply answering the phone. “Our investigation found that this company showed complete disregard for both the law and the thousands of people they were aggressively pestering.” The Secretary of State for Business and Trade accepted disqualification…
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 4b5d26f02da421916ec80fa9c2f992c8, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-01T11:06:32.579211103+00:00 Read the original article here
Adgemis’ $1.5bn bankruptcy on hold after dramatic intervention The Australian Read the original article here
Five companies which submitted false accounts showing hundreds of millions of pounds of profits have been shut down following investigations by the Insolvency Service and Companies House. Automarket Europe Limited, Integra Group Limited, Maxell Limited, Montana & Montana Limited, and Supermarket Plus Ltd claimed to trade as everything from supermarkets to car dealerships but no…
Insolvency appointments July 19 to August 1 2025 businessnews.com.au Read the original article here
The Australian Taxation Office has accused embattled pub baron Jon Adgemis of leading an extravagant lifestyle at the expense of his creditors and torn apart his proposed deal to avoid bankruptcy. The Australian Financial Security Authority also raised major issues with Adgemis’ deal, intervening in a meeting of creditors on Friday, held by the trustees…