Oct 9, 2026 Germany’s company insolvency filings rose in July 2026, according to Destatis, the country’s federal statistical office. The figures reflect applications that enter the statistics only after an insolvency court issues its first decision, meaning the actual filing date often falls roughly three months earlier. Company insolvencies in July German local courts recorded…
Bedrocan, the Dutch medicinal cannabis grower, was declared bankrupt on Thursday after requesting a suspension of payments two weeks ago. The Veendam-based company is the sole supplier of medicinal cannabis in the Netherlands. Bedrocan has been supplying medicinal cannabis since 2003 but ran into financial difficulties after the Ministry of Public Health terminated its contract…
The National Company Law Tribunal (NCLT) has admitted Birla Jewels Ltd, the jewellery subsidiary of KSS Ltd (formerly K Sera Sera Ltd), into the corporate insolvency resolution process (CIRP). The admission comes about three months after an appellate tribunal approved a resolution plan for the parent. Pravin R Navandar has been appointed interim resolution professional…
Kolkata-based Rankini Power Generation Pvt Ltd has issued a fresh invitation for expressions of interest (EOIs) from prospective resolution applicants. It is the fourth version of the company’s Form G in less than five months of insolvency proceedings, a sign that the earlier rounds failed to attract a viable buyer. According to the notice, published…
A noodle bar franchise boss who kept running his business after being disqualified as a company director has been sentenced and handed a fresh 10-year ban. Desmond Pheby continued managing Wok & Go Franchise UK Limited, which sold franchises for the Wok & Go noodle takeaway chain, despite an earlier seven-year director disqualification for failing…
Romania’s insolvencies rise 12% to highest level since 2018, large company cases more than double Romania Insider Read the original article here
The Queensland Court of Appeal has ruled that a registered AllPAAP security interest can attach property acquired by a company after effectuation of a deed of company arrangement. In brief In Kirk v Moreton Resources Pty Ltd [2026] QCA 186, the Court of Appeal allowed an appeal by Darryl Kirk, as receiver of Moreton Resources…
At centre of ED probe against Tayal group, ‘bogus creditors’, insolvency proceedings & a Nagpur mall ThePrint Read the original article here
An All Blacks legend has avoided bankruptcy after a lengthy court battle in New Zealand finally came to an end. Former fly-half Andrew Mehrtens, who won 70 caps for the All Blacks, had faced months of legal action over a debt dispute. The 53-year-old was at risk of being declared bankrupt after a law firm…
REVEALED: Liquidator appointments for businesses in the Hume council area for October 8 Herald Sun Read the original article here