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For years, the company was a major player in the Scandinavian transport market, serving clients such as JYSK, the Bestseller retail group, and LEGO. In 2022, the haulier was hit with heavy fines for social dumping. Last week, the company filed for bankruptcy. On 7 July this year, a bankruptcy petition was filed with the…
Chemical recycler Fuenix Ecogy goes bankrupt Plastics News Read the original article here
1. Data sources and data validation Individual-level company insolvency data for England & Wales, Scotland and Northern Ireland were sourced from Companies House (except for compulsory liquidation data for England & Wales and Northern Ireland, see below). Companies House conducts a series of basic checks on the data, including the removal of duplicate records, prior…
1903 HOOTON PAGNELL LTD 1950`S BOUTIQUE LTD 1ST FACILITY MANAGEMENT LIMITED 1ST RAPID MAINTENANCE LTD 2048 ORACLE CENTRE READING (LEASECO) LIMITED 2MW HEWORTH LTD 2XSTREAM LIMITED 3DM LEISURE LIMITED 3XPOINT LTD. 4 WALLS DEVELOPMENTS LTD A & D AUTOS (BOGNOR) LIMITED A & R MASONRY LIMITED A NEW YOU (BRIGHTON) LIMITED A TASCA PETERBOROUGH LTD…
The revised guidance was published by the Australian Securities and Investments Commission (ASIC) to help directors and their professional advisers better understand and comply with their duty to prevent insolvent trading, demonstrated through practical examples. It also provides further details on establishing the safe harbour defence against potential claims for insolvent trading, including the…
This story was originally published on MedTech Dive. To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter. Artificial heart company Carmat has filed for insolvency after failing to raise the money it needed to continue operations, the company said Monday. Carmat began seeking donations in June after attempts to raise…
Dr. Phil might not be a real medical doctor, but he sure seems to be good at reanimating his own corpse, because somehow he just keeps coming back from the dead. Just a couple of weeks after his streaming venture, Merit Street Media, filed for chapter 11 bankruptcy, the second-most-embarassing person that Oprah rocketed into…
The Technical University of Kenya (TUK) has been declared insolvent by Parliament amid a deepening financial crisis marked by a Ksh12 billion debt and persistent salary delays for staff. The crisis has largely been blamed on a bloated workforce that exceeds the institution’s operational capacity, with payroll consuming Ksh270 million monthly. Additionally, TUK has failed…
The Technical University of Kenya (TUK) has addressed reports that the university has been shut down days after it was declared financially insolvent by the National Assembly. The Parliamentary Committee on Education on Wednesday, April 16, declared TUK insolvent amid a deepening financial crisis marked by billions of debts and persistent salary delays for staff.…