The Insolvency Service has announced ambitious and transformational plans to play a more prominent role in the fight against economic crime and be recognised as the UK’s leading authority in enforcing corporate and insolvency standards. The strategy commits the agency to broadening its remit, taking robust action against criminals who defraud businesses and taxpayers, and…
NCLAT Fortnightly: Important orders on IBC (April 16 – April 30, 2025) Bar and Bench Read the original article here
Martin Harte had left the firm years before its 2012 collapse Bloxham Stockbrokers collapsed in 2012. Stock image: Getty Martin Harte, a former partner with Bloxham Stockbrokers, which collapsed in 2012, has been declared bankrupt, according to the latest issue of Iris Oifigiúil. The Dublin-based fund manager resigned from the firm in 2006 at the…
How The Billionaire Ski Club ‘Yellowstone Club’ Went Bankrupt Unofficial Networks Read the original article here
File photo. YT Industries announced that the company is entering into a “self-administrated legal restructure” after struggling to secure additional funding. The direct-to-consumer German mountain bike brand was founded by Markus Flossman in 2008 with a focus on providing hard-hitting, quality mountain bikes at affordable prices, for young riders in particular. Flossman provided an update…
The liquidator of Landmark Housing Projects Chennai Pvt Ltd has invited bids for the e-auction of the company’s prime land parcels measuring approximately 9.8 acres in Sholinganallur, Chennai, as part of the corporate insolvency process under the Insolvency and Bankruptcy Code (IBC), 2016. The combined reserve price for the properties has been fixed at Rs…
The Mumbai Bench of the National Company Law Tribunal (NCLT) has admitted an application filed by Reliance Net Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Zapak Mobile Games Private Limited, initiating the Corporate Insolvency Resolution Process (CIRP) against the mobile gaming company. The order was pronounced today, July 14, 2025.…
YT Industries Begins Restructuring Under Self-Administration Pinkbike Read the original article here
The Insolvency Service’s new investigation and enforcement strategy will see the agency play a leading role in tackling economic crime and improving corporate standards Over the next five years, the agency will prosecute a wider range of offences, increase enforcement against companies acting against the public interest, and recover proceeds of crime The Insolvency Service…
American Airlines is proof that failure isn’t final. First founded almost a hundred years ago, in 1926 as American Airways, the company that we know today as American Airlines was created as a merger of more than 80 small air carriers in 1930. The airline revolutionized commercial aviation with early innovations like operating the iconic…