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Exclusive: Zig Zag, the 25-year-old UK producer behind shows including Fox’s I Wanna Marry Harry, is shutting its production arm after being hit by the unscripted commissioning drought. Zig Zag is putting Zig Zag Productions Limited into insolvency as part of a financial restructuring that has resulted in six employees being made redundant. The company,…
Insolvency expert urges vulnerable family businesses to adapt against mounting pressures The New Stour And Avon Magazine Read the original article here
Trams from HeiterBlick. Source: HeiterBlick Germany: The Leipzig-based company has applied to the district court for external administration. Although HeiterBlick was founded in 2004, it has its origins in a tram workshop opened in 1926. For three months, the company’s 250 employees will be paid by the Federal Employment Agency. Despite the bankruptcy proceedings, the…
Surviving bankruptcy — there is life after financial ruin Financial Times Read the original article here
In the letter, the MPs called for an urgent meeting with Home Secretary Yvette Cooper to “discuss how the matter could be resolved”. The findings came from independent experts at the Chartered Institute of Public Finance and Accountancy (CIPFA), the letter detailed. CIPFA assessed the force’s efficiency and warned that “without additional support or fundamental…
Lincolnshire MPs’ joint letter over police bankruptcy fears LincolnshireWorld Read the original article here
Long considered a highlight of Calgary’s tech scene, local robotics company ATTAbotics is now restructuring as it deals with insolvency. That restructuring includes terminating 192 of its 203 employees, keeping only 11 as it navigates the road ahead, according to documents published by insolvency trustee firm Richter Inc. Founded in 2016 by Scott Gravelle, ATTAbotics…
CoA overturns High Court ruling in Kevian-Hipora insolvency dispute Capitalfm.co.ke Read the original article here
TOKYO – A record number of ramen noodle eatery operators in Japan went out of business in 2024, according to a research firm, as the food’s reputation for affordability limits room to raise prices amid soaring ingredient and utility costs. Also hit by climbing personnel expenses due to labor shortages, insolvencies among ramen business operators…