The owner of a troubled Adelaide renovation company has declared bankruptcy, leaving almost $800,000 in debts and dozens of families stranded with gutted homes, unfinished work and no answers. 7NEWS can reveal Jase William Henry, the operator of SOS Home Renovations, lodged bankruptcy papers on Thursday afternoon. The documents list a long line of creditors,…
The NCLT has dismissed an insolvency petition filed by Empire Transport Services Ltd (ETSL) against Noida Metro Rail Corporation observing that there were ‘genuine’ pre-existing disputes between the parties over service quality, contractual obligations and payment deductions. The Allahabad Bench of NCLT rejected ETSL’s plea seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Noida…
The NCLT has dismissed an insolvency petition filed by Empire Transport Services Ltd (ETSL) against Noida Metro Rail Corporation observing that there were ‘genuine’ pre-existing disputes between the parties over service quality, contractual obligations and payment deductions. The Allahabad Bench of NCLT rejected ETSL’s plea seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Noida…
Elon Musk attends the 2023 Viva Technology Conference in France in 2023 Elon Musk made headlines earlier this year with a blunt prediction: Without a productivity miracle from artificial intelligence (AI) and robotics, America is headed for economic ruin. “We are 1,000% going to go bankrupt and fail as a country,” he said during a…
He’s also facing sentencing again at Cornwall’s top court Developer Paul Stephens coming of Truro Crown Court after pleading guilty to charges relating to the illegal disposal of construction waste at his site near Rejerrah back in March 2026 (Image: CornwallLive) A bankrupt criminal developer has seen yet another of his businesses go bust, this…
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As Byron Bay Bluesfest collapsed, Peter Noble ‘paid himself’, liquidator alleges The Australian Read the original article here
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AGS Transact delays FY26 results citing insolvency and technical issues scanx.trade Read the original article here
The country’s highest civil court has tightened successor liability for former GmbH managing directors in a way that reaches beyond their tenure. In a judgment issued July 23, 2024 (case number II ZR 206/22), the Bundesgerichtshof ruled that ex-managing directors can still be held personally liable for damages incurred by new creditors if the company’s…