Insolvency statistics for May show a rise from April but are down from a year ago, when the Bank of Canada had yet to start lowering interest rates. The 12,395 insolvencies in May was up 2.3 per cent from April, while down 2. Insolvency statistics for May show a rise from April but are down…
“We anticipate continuing growth in the new financial year, driven by the increase in scale of our teams, including the recruitment of senior fee earners, together with the visibility of fees on current instructions, larger and higher value cases, and supportive market conditions. Read the original article here
TPX (The Podcast Exchange), the Toronto-based podcast advertising reseller and branded content producer, has sent a letter to creditors notifying them that the company plans to file a Notice of Intention (NOI) under the Bankruptcy and Insolvency Act. The NOI buys the company time to develop a proposal to its creditors as it works to…
Years after the joint venture was terminated, GAC FCA has been declared bankrupt
Leicester City shirt sponsor BC.Game’s operating companies have been declared bankrupt Leicester City say they are “in regular discussions” with sponsor BC.Game after two companies connected to the gambling platform were declared bankrupt. Blockdance BV and Small House BV, which operated BC.Game from Curacao, were declared bankrupt by a court on the Caribbean island this…
That incident was never forgotten by either Ferguson or his critics, and he claims it cost him an epic international career: “I have thought about it a lot over my career and people who know me will tell you I wanted to play 100 times for my country,” he once told the Daily Record. Read…
Finding prudence in abstention The New Indian Express Read the original article here
Shareholders of Private Market Startup Vow to Fight Bankruptcy Bloomberg Read the original article here
Shareholders of collapsed fintech startup Linqto vowed to fight an effort by its new management to reorganize the troubled company in bankruptcy. Managers who took over in recent months put Linqto under court protection in Houston this week, claiming former executives mismanaged the firm’s business for years by misleading customers into believing they owned shares…
A new report by ASIC has revealed that small business restructuring (SBR) appointments have surged in recent years, rising from 448 appointments in 2022–23 to an estimated 3,000 in 2024–25. “After a slow start, the recent growth of SBRs and other data in our report shows that the SBR regime is starting to deliver on…