FIFAX Plc, company release, 14 July 2025 at 10:15 a.m. EEST On 10 July 2025, FIFAX Plc (“Fifax”) filed for the company’s bankruptcy. The District Court of Åland handed down its decision to declare Fifax bankrupt (diarynumber 2025/715) on 14 July 2025 at 10:00 a.m. EEST. The District Court of Åland has appointed Attorney Robert Peldán from…
Back when Diamond first filed for bankruptcy on Jan. 14 the question on everyone’s minds was whether Diamond would survive. It looks like we’re heading toward the answer, and it’s not the one a lot of people expected. At the same time, the bankruptcy case has taken an unexpected turn, one that has publishers up…
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The insolvency appellate tribunal NCLAT has set aside NCLT‘s direction to change the resolution professional of debt-ridden Hindusthan National Glass Industries (HNG) and asked it to take a decision on the bids as per the Supreme Court‘s directions. A three-member NCLAT bench gave a go-ahead to the Kolkata Bench of the National Company Law Tribunal…
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German court refers question of insolvency avoidance to European Court of Justice Taylor Wessing Read the original article here
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HMRC Company Voluntary Arrangements service contributes to the support of businesses in temporary financial difficulties. Conditions for supporting a proposal We consider voluntary arrangements on a case-by-case basis, and will vote to supportproposals where: debtors are honest in their financial disclosure an optimised and achievable offer is made to creditors provision is made for payment…
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion Cryptopolitan Read the original article here