Electrovaya Announces Structured Insolvency Proceedings at Litarion GmbH – Marketwired (press release)

TORONTO, ONTARIO–(Marketwired – Jan. 25, 2018) – Electrovaya Inc. (“Electrovaya” or the “Company”) (TSX:EFL)(OTCQX:EFLVF) today announces that its wholly-owned German subsidiary, Litarion GmbH (“Litarion”), has commenced a voluntary structured insolvency process that is expected to result in the appointment of a provisional receiver/liquidator of Litarion and its property by the German court. As reported in…

Bankrupt man, 57, ‘froze to death’ outside the £300000 home he was evicted from after paramedics took 16 hours to … – Daily Mail

Anthony Barnard was found dead outside the detached property he once owned The 57-year-old lost his £300,000 home after being declared bankrupt in 2017  Temperatures on the night Mr Barnard was outside dipped to between -1C to -3C By Rod Ardehali For Mailonline Published: 08:51 AEDT, 26 January 2018 | Updated: 08:51 AEDT, 26 January…

Allow promoters of SMEs facing insolvency to bid for their own companies: expert body – Hindu Business Line

Says a number of SMEs havent been getting bidders Kolkata, January 25:   Promoters of small and medium enterprises (SMEs) should be allowed to bid for their companies against which insolvency proceedings have begun. A number of SMEs are going without bidders and the Centre allowing promoters of these enterprises to bid would be a positive…

Pizza franchise firm falls into administration – Warwick Daily News

THE company once overseeing brands including the New York Slice pizza chain and Mexican fast-food outlets has plunged into administration, amid a festering lawsuit and complaints about the Brisbane-based franchise operation. Administrators from GM Insolvency were appointed on Wednesday to Franchise Retail Brands, which owes more than $500,000. Shareholders who invested almost $5.3 million could…

Personal insolvencies predicted to have edged up annually in official figures – AOL UK

The number of people whose finances deteriorated so badly that they have become insolvent is predicted to have increased year-on-year in official figures released on Friday. Audit, tax and consulting firm RSM expects that across England and Wales, around 24,500 people will have entered a personal insolvency process in the fourth quarter of 2017. This would…

Personal insolvencies predicted to have edged up annually in official figures – Daily Mail

By Press Association Published: 13:48 AEDT, 25 January 2018 | Updated: 13:48 AEDT, 25 January 2018 e-mail The number of people whose finances deteriorated so badly that they have become insolvent is predicted to have increased year-on-year in official figures released on Friday. Audit, tax and consulting firm RSM expects that across England and Wales, around…

Nathan Tinkler charged with smashing sister’s window in Kendall – Port Macquarie News

CHARGED: Former billionaire Nathan Tinkler has been charged by police for allegedly destroying property. BANKRUPT former billionaire Nathan Tinkler is embroiled in a family feud that has seen him charged with allegedly smashing a stained glass window at his sisters house. The case was briefly mentioned in Port Macquarie Local Court on Wednesday January 24, but Mr Tinkler did not appear.…