Dave Broadbent, chair of R3 in Yorkshire The number of new businesses launched in Yorkshire and the Humber fell in August, while insolvency-related activity also declined, according to new analysis from R3, the UK’s restructuring, turnaround and insolvency trade body. R3’s latest figures, based on data from Creditsafe, show that business start-ups across Yorkshire and…
In what appears to be a targeted assassination, well-known insolvency attorney Bouwer van Niekerk was gunned down on Friday morning in the boardroom at his SmitSew law office in Saxonwold, Johannesburg. Moneyweb understands Van Niekerk received multiple death threats warning him to step away from a case he was working on involving a suspected Ponzi…
Last Updated:September 08, 2025, 09:39 IST Vedanta leads the race to acquire debt-laden Jaiprakash Associates for Rs 17000 crore, surpassing other bidders in the insolvency process. Vedanta leads the race to acquire debt-ridden Jayprakash Associates Limited. Vedanta Share Price: Vedanta shares fell 1.46 per cent intraday on Monday to trade around Rs 439 apiece, after…
NEED TO KNOW Several sweepstakes winners who won annual lifetime payouts said they are no longer receiving their yearly winnings The winners all won through Publishers Clearing House and said the checks stopped coming shortly before the company went bankrupt in April One of the winners said he may even lose his home due to…
“We play with open cards and have only good intentions, so we have nothing to hide,” Prime Minister Orbán said. He contrasted this approach with what he described as the deceitful practices of the opposition, referencing a leaked internal opposition quote—”We can’t tell the truth or we’ll lose the election; first we win, then we…
Mumbai: With a view to increase their accountability, resolution professionals (RPs) could be in for far stricter action under the proposed Insolvency and Bankruptcy Code (Amendment) Bill, 2025, which will empower the “disciplinary committee” to impose penalties of up to ₹2 crore, suspend, or even cancel their registrations for “unlawful gains”. The draft law lands…
The National Company Law Tribunal (NCLT) has dismissed a fresh insolvency plea filed by Exotel Techcom Pvt. Ltd. against Dunzo Digital Pvt. Ltd., noting that the Bengaluru-based hyperlocal delivery startup has already been admitted into the Corporate Insolvency Resolution Process (CIRP). Exotel, an operational creditor, had moved the tribunal under Section 9 of the Insolvency…
Think & Learn Private Limited, the parent company of embattled edtech giant Byju’s, has officially called for potential investors to express their interest in acquiring the firm. The company’s Resolution Professional, Mr. Shailendra Ajmera, issued a formal “Invitation for Expression of Interest” (EOI) September 1, 2025, marking a crucial step under the Corporate Insolvency Resolution…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. An update from JBF Industries Limited ( (IN:JBFIND) ) is now available. JBF Industries Limited has announced that its 43rd Annual General Meeting (AGM) will be held…
An old sweepstakes TV commercial once promised, “Only Publishers Clearing House can make you so rich, so fast!” But, as some unlucky winners discovered this year, the opposite is also true: Publishers Clearing House (PCH) can make your fortune disappear just as quickly. That’s what happened to John Wyllie, a 61-year-old Oregon man who won…