Plantenkwekerij Jongerius has officially been declared bankrupt. The largely organic nursery, which played an important role in the Dutch organic horticultural sector, unexpectedly announced on 31 October that it would cease all activities. What followed were weeks of uncertainty and unrest, with staff, growers, and customers left without clear information. For a long time,…
The National Company Law Tribunal (NCLT) at Ahmedabad has recently admitted an insolvency petition filed by Gensol EV Lease Limited, a debt ridden company that was itself admitted to insolvency in June 2025, against Mindra EV Private Limited. The plea was admitted over a default of Rs 1.61 crore after the corporate debtor failed to…
700 Billion Won Fraud Company VIK Declared Bankrupt 조선일보 Read the original article here
Domo Chemicals’ German subsidiaries file for insolvency Plastics News Read the original article here
(Pic: RollingNews.ie) Insolvency levels have remained steady over the past three years, according to figures from professional-services firm PwC. Its Insolvency Barometer shows that 848 business failed in 2025 – a slight decrease from 868 last year but higher than the 736 recorded in 2023. PwC’s analysis finds that last year’s insolvency rate…
A Dubai civil court has officially declared a Gulf national insolvent after determining that he is unable to settle accumulated debts totaling Dh2.56 million owed to seven creditors, including banks, private individuals, and housing finance institutions. The court approved the insolvency petition and appointed a licensed insolvency trustee to examine the debtor’s financial standing and…
(Pic: RollingNews.ie) Insolvency levels have remained steady over the past three years, according to figures from professional-services firm PwC. Its Insolvency Barometer shows that 848 business failed in 2025 – a slight decrease from 868 last year but higher than the 736 recorded in 2023. PwC’s analysis finds that last year’s insolvency rate was 27…
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A.M. Scott Distillery in Ohio has filed for Chapter 11 bankruptcy protection, with its debt totalling US$3.35 million. There were 64 active craft distilleries in Ohio as of August last year The filing was recorded in the US Bankruptcy Court for the Southern District of Ohio on 22 December. Under Chapter 11, the distillery can…
Business advisory firm Quantuma has announced it has promoted restructuring specialist Alyson Richards to Director. Richards, a licensed insolvency practitioner based in the firm’s Southampton office, is a member of Quantuma’s Restructuring and Insolvency team. She has more than 20 years’ experience in corporate restructuring and personal insolvency, Richards has advised on a wide range…