Attabotics insolvency came amid falling revenues, creditor uncertainty – Calgary Herald
Attabotics insolvency came amid falling revenues, creditor uncertainty Calgary Herald Read the original article here
GAC-Fiat Chrysler’s China JV Is Declared Bankrupt
(Yicai) July 9 — A court in China has declared the car production joint venture of GAC Group and Stellantis bankrupt, nearly three years after it entered bankruptcy restructuring following a slump in sales. The Changsha Intermediate People’s Court declared GAC Fiat Chrysler Automobiles bankrupt yesterday due to insufficient assets to cover its debts and the…
BREAKING NEWS: A major tour operator with presence in Greece went bankrupt – money-tourism.gr
BREAKING NEWS: A major tour operator with presence in Greece went bankrupt money-tourism.gr Read the original article here
Ex-Chiefs Boss’ Club Declared Financially ‘Insolvent
Boavista Manager Stuart Baxter Former Kaizer Chiefs boss Stuart Baxter’s time at Boavista is more uncertain than ever as the club faces intense financial troubles. Check Out: Ex-Chiefs Boss To Learn ‘Fate’ After Relegation The 71-year-old was brought in toward the end of last season in a desperate bid to turn the club’s fortunes around,…
Insolvency board makes it mandatory to list fraudulent trades in sale prospectus
New Delhi: Administrators of bankrupt businesses must mandatorily disclose all dubious transactions carried out by a company’s management while preparing its sale prospectus under the bankruptcy code, the Insolvency and Bankruptcy Board of India (IBBI) has said. The regulator’s latest amendment to the Insolvency Resolution Process for Corporate Persons states that corporate restructure plans prepared…
Revealed – how many insurance companies are failing – Insurance Business America
Revealed – how many insurance companies are failing Insurance Business America Read the original article here
UK connected party pre-pack administration sales rise again – Taylor Wessing
UK connected party pre-pack administration sales rise again Taylor Wessing Read the original article here
German court refers question of insolvency avoidance to European Court of Justice – Taylor Wessing
German court refers question of insolvency avoidance to European Court of Justice Taylor Wessing Read the original article here
La Perla manufacturing arm declared insolvent
There continues to be rumblings surrounding lingerie brand La Perla. The Bologna court has declared La Perla Manufacturing Srl insolvent, several Italian media outlets have reported. This branch of the La Perla Group is responsible for manufacturing the brand. The branch is now in receivership. So it is not (yet) about the entire company behind…
Kate Moss’s Beauty Brand Is Insolvent
In recent years, more and more celebrities have launched beauty and wellness brands. Even ’90s supermodel Kate Moss jumped on this trend, launching her own brand, Cosmoss, in 2022. As it turns out, the venture has met with moderate success. Gwyneth Paltrow, Kourtney Kardashian, and Miranda Kerr launched their own wellness and lifestyle brands. Stars…