Insolvency reform in the water sector: Staying afloat in a rising tide – Burges Salmon
Insolvency reform in the water sector: Staying afloat in a rising tide Burges Salmon Read the original article here
Large travel company files for bankruptcy, leaves travelers stranded – TheStreet
Large travel company files for bankruptcy, leaves travelers stranded TheStreet Read the original article here
Fashion Designer Jovian Mandagie Declared Bankrupt – bernama
Fashion Designer Jovian Mandagie Declared Bankrupt bernama Read the original article here
Insolvency Service disqualified more than 1,000 directors in 2024-25
More than 1,000 directors disqualified following Insolvency Service investigations. Of these, 736 were banned for Covid loan abuse. The report also highlights the average length of a ban was eight years. Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan…
Stellantis declares bankruptcy in China, with 1 billion $ in debts
It’s the official end of an ambitious project launched nearly fifteen years ago: the court in Changsha, Hunan province, has declared the Gac-Fiat Chrysler joint venture bankrupt, putting a definitive end to the industrial presence of Stellantis via this entity in China. This joint venture, created in 2011 at the instigation of Sergio Marchionne, was…
Record number of Japan ramen eateries went bankrupt in 2024
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…
Here are 12 well-known companies that went bankrupt in 2024
New York CNN — This year was brutal for a number of well-known companies and their bottom lines. As inflation continued to rear its ugly head, consumers slashed their discretionary spending, tilting some companies to file for bankruptcy. Other brands fell victim to changing trends or even more malicious ailments, like cyberattacks. At least 19…
BC.Game Goes Bankrupt Not Long After $40M Deal with Leicester City
BC.Game, an online gambling operator famous for sponsoring Leicester City FC, could face potential trouble as its parent companies have been declared bankrupt. This announcement comes only four months after the agreement with the soccer club was signed. The Court of Curaçao Declared BC.Game’s Parents Bankrupt According to a report by casinonieuws.nl, the Court of…
Record number of Japan ramen eateries went bankrupt in 2024
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…
Romanian airline Blue Air declared bankrupt – MSN
Romanian airline Blue Air declared bankrupt MSN Read the original article here