Trump Tariff Impact Already Starting: Two Auto Parts Companies Go Bankrupt in March – BusinessKorea
Trump Tariff Impact Already Starting: Two Auto Parts Companies Go Bankrupt in March BusinessKorea Read the original article here
Hundreds more jobs at risk as another car component factory is declared insolvent – Portugal Resident
Hundreds more jobs at risk as another car component factory is declared insolvent Portugal Resident Read the original article here
DNA for sale as gene testing company files for chapter 11
23andMe, which provides medical and ancestry-related genetic testing, has filed for bankruptcy after it was unable to find a buyer to rescue it from insolvency proceedings and the board of directors rejected a buyout offer from co-founder Anne Wojcicki. Despite collecting DNA from saliva samples from more than 15 million customers, the company hasn’t been…
Scores of English councils could go bankrupt when hidden Send debt reappears | Special educational needs
The staggering cost of England’s special educational needs and disability (Send) crisis shows no sign of easing. A Guardian investigation has revealed councils will overspend on Send services by nearly £2bn over the next year, pushing their accumulated deficits to at least £5.2bn by 31 March 2026. The date is crucial because that is when…
What happens when your builder goes bust – Money magazine
What happens when your builder goes bust Money magazine Read the original article here
Oando’s financial woes raise eyebrows over T&T refinery deal
Joshua Seemungal Senior Multimedia Investigative Journalist joshua.seemun[email protected] Nigerian energy company Oando PLC, the Government’s preferred bidder for the lease of the Pointe-a-Pierre refinery, has been struggling financially. According to Oando’s unaudited statements and separate financial statements ending December 31, 2024, the company is in accounting insolvency. The financial statements, viewed by Guardian Media’s Investigative Desk,…
Surge in self-declared bankruptcies worrying, says Insolvency DG
PUTRAJAYA: The rising trend of people declaring themselves bankrupt is a concern as it shows many are struggling with severe financial difficulties, says the Insolvency Department director-general Datuk M. Bakri Abd Majid. In recent years, more people have opted to declare themselves bankrupt through a Debtor’s Petition, a legal process to protect themselves from excessive…
Ant Middleton banned as company director over £1m unpaid tax
Former SAS: Who Dares Wins star Ant Middleton has been banned from being a company director, after his company failed to pay more than £1m tax. The Insolvency Service said Mr Middleton and his wife, Emilie, “were taking millions of pounds out of” their company when it should have been paying the tax instead. The…
Troubled electric vehicle maker Nikola files for bankruptcy protection | Chapter 11 – corporate bankruptcies
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona…
Insolvency DG warns of rising trend in self-declared bankruptcy
PUTRAJAYA (March 30): The rising trend of individuals declaring bankruptcy voluntarily is becoming a growing concern, signalling that many are struggling with severe financial difficulties. In recent years, more people have opted to declare themselves bankrupt through a Debtor’s Petition, a legal process filed in court to protect themselves from excessive creditor claims. Expressing concern…