U.S. seeks independent bankruptcy probe of Trico, Fram parent – Automotive News
U.S. seeks independent bankruptcy probe of Trico, Fram parent Automotive News Read the original article here
Archer buys up Lilium’s patents
Since the beginning of August, the Ambitious Air Mobility Group (AAMG), based in the Netherlands and with connections to Spain, Dubai and Japan, has been publicly promoting its desire to take over and revive the Bavarian company Lilium. However, this attempt has now apparently failed: with the sale of Lilium’s intellectual property in the form…
S. 138 NI Act | Directors Can’t Escape Liability For Cheque Dishonour Merely Because Company Is Declared Insolvent: Orissa High Court
The Orissa High Court has recently held that directors of a company cannot be absolved of their liability for the offence of cheque dishonour under Section 138 of the Negotiable Instruments Act, 1881 (‘the NI Act’) merely because the company was declared insolvent and a Resolution Professional was appointed under the Insolvency and Bankruptcy Code,…
Xin Sai Trade declared bankrupt by court ruling.
Gelonghui, October 16th ─ Xinsai Co., Ltd. (600540.SH) announced that recently, Xinsai Trade received the ‘Civil Ruling’ [(2025) Xin 0106 Po 1 No. 1] from the Toutunhe District People’s Court, with the main content as follows: This court holds that the assets of Xinjiang Xinsai Trade Co., Ltd. are insufficient to repay its due debts,…
Corporate Insolvency Proceedings: The Right To Be Heard Reaffirmed By The Court Of Appeal – Corporate and Company Law
Phoebus, Christos Clerides & Associates LLC (Clerides Legal) More Phoebus, Christos Clerides & Associates LLC is a leading Cyprus-based law firm founded in 1950 by Phoebus Clerides, former Minister of Justice and Member of Parliament. His son, Dr. Christos Clerides—graduate of King’s College London and former MP,…
New York Child Victims Act blamed for ‘insolvency’ of Bermuda’s Northeast Insurance Company – OffshoreAlert
New York Child Victims Act blamed for ‘insolvency’ of Bermuda’s Northeast Insurance Company OffshoreAlert Read the original article here
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