SINGAPORE – Car-sharing company Shariot is among nine related companies requesting its creditors to hold off on recovering debts while they explore restructuring options. The nine companies – which also include large car leasing firm Autobahn Rent A Car – deal in car sales, repair, leasing and financing. They are said to be interlinked in…
Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire Struggling businesses in Yorkshire and across the UK will be hoping for measures that boost economic activity in next week’s Budget, R3 said, as it responded to the publication of the latest corporate and personal insolvency statistics. Jodie Wildridge, deputy…
The National Company Law Tribunal (NCLT), Indore Bench, has admitted a Section 7 application filed by HDFC Bank Limited against Shri Bhagwati Agro Industries Private Limited, leading to the initiation of a Corporate Insolvency Resolution Process (CIRP) citing clear acknowledgment of liability.. The application was filed by HDFC Bank Limited (“Financial Creditor”) under Section 7…
Since 2017, the German company Govecs has produced the ‘E-Schwalbe’, an electric scooter inspired by the iconic East German original. The various models, offering different options in terms of battery capacity, power output, and top speed, are manufactured by a subsidiary in Poland. However, the future of the E-Schwalbe is now in doubt, as Govecs…
Background In Secretary of State for Business and Trade v Sahonta and others, Morton’s Rolls Ltd, a well-known bakery, collapsed after running into severe financial difficulty. A conditional agreement was reached for a new company, Phoenix Volt, to take over elements of the business. But despite the agreement being signed, the bakery could not be…
Your browser is not supported | goerie.com goerie.com wants to ensure the best experience for all of our readers, so we built our site to take advantage of the latest technology, making it faster and easier to use. Unfortunately, your browser is not supported. Please download one of these browsers for the best experience on…
Raids in Euroins Bankruptcy Case Over Alleged Company Theft The Romania Journal Read the original article here
Petrofac eyes M&A solutions for business units, set to include key subsidiary into insolvency plan Upstream Online Read the original article here
The parent company of Oregon-based Rogue Ales & Spirits has filed for Chapter 7 bankruptcy, with its debt totalling US$16.7 million. Rogue Ales released its first whiskey in 2006 Oregon Brewing Company voluntarily filed for Chapter 7 bankruptcy on 24 November in the US Bankruptcy Court, District of Oregon. The case filing notes that it…
TipRanks Black Friday Sale AGS Transact Technologies Ltd. ( (IN:AGSTRA) ) has issued an announcement. AGS Transact Technologies Limited has announced that the fourth meeting of its Committee of Creditors is scheduled for November 28, 2025, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). This meeting, which will be conducted via video conferencing,…