Just For Laughs Comedy Festival Parent Company to File for Bankruptcy Protection – Hollywood Reporter

The consortium that originally included ICM and Howie Mandel has canceled its 2024 edition as new investors or asset sales are considered. March 5, 2024 10:33am Seth Rogen and director Judd Apatow GP Images/WireImage The parent company of Montreals Just For Laughs comedy festival, Groupe Juste Pour Rire Inc., is set to file for bankruptcy…

Rising Business-Related Personal Insolvencies Post-COVID: Directors in the Spotlight – BNN Breaking

As the world gradually emerges from the shadows of the COVID-19 pandemic, the economic aftermath continues to ripple through the business sector, particularly affecting directors of previously wound-up businesses. A significant surge in business-related personal insolvencies signals a challenging period ahead, with personal guarantees coming back to haunt many. The latest quarterly report from the…

Nearly one in 10 English councils expect to go bust in next year, survey finds – The Guardian

Nearly one in 10 councils in England have warned they will go bust in the next 12 months as authorities plan widespread cuts, above-inflation council tax rises and across-the-board increases to resident charges, a survey has revealed. The Local Government Information Unit (LGIU) annual poll of local authority leaders and top managers reveals a near-total…

A single insolvency regime with a single insolvency regulator? | India | Global law firm – Norton Rose Fulbright

This article was co-authored with Queenie Mok.   In our earlier Legal Update, we outlined the findings of the Parliamentary Joint Committee on Corporations and Financial Services Final Report on Corporate Insolvency in Australia. Recommendation 3 of the Report was a comprehensive review to consider and make recommendations on the options to enhance public interest…