A property developer and Cheltenham Gold Cup-winning horse owner, who the High Court heard has debts of about €56 million, has been adjudicated bankrupt by the High Court. The bankruptcy petition against Conor Clarkson (60), of Cairnfort, Enniskerry Road, Stepaside, Co Dublin, was brought by Gradual Investment Ltd (Gil) over a debt of almost €587,000.…
EnviroTechDeals A Newcastle-based robotics firm says it is facing shutdown after a court order froze its bank accounts, leaving it unable to fund a legal appeal. Dr Atif Syed, founder of Wootzano, has taken to LinkedIn to warn that the business is at risk of liquidation, not because demand has dried up, but because of…
FAT Brands – parent company of Fazoli’s, Round Table Pizza, and Fatburger — may “seek to reorganize through a bankruptcy proceeding” after receiving notices of acceleration on the company’s debt. According to a recent 8-K filing with the SEC, lender UMB Bank declared roughly $1.26 billion in securitized debt immediately due. The company had previously…
Insolvency in F&B: Warning signs and strategic solutions MNP.ca Read the original article here
Notable Houston companies that went bankrupt in 2025 Houston Chronicle Read the original article here
American Signature Inc. has moved to the Delaware bankruptcy court to sell off its assets under court supervision. The Columbus-based furniture retailer plans to continue operating during the process while developing a restructuring plan for unsecured creditors. American Signature Inc. Seeks Chapter 11 Bankruptcy Protection American Signature Inc. filed a voluntary bankruptcy petition in the…
Former bankrupt bookie Ivan Yates is back raking in the cash with two property ventures associated with the businessman, turning a profit of over €3million in the past two years alone, Extra.ie can reveal. In 2022, after he emerged from bankruptcy in the UK, Yates proceeded to register himself as a director of two new…
A Stand Against Coal Could Push Oakland Toward Bankruptcy The New York Times Read the original article here
The Bombay High Court has held that proceedings under the Presidency-Towns Insolvency Act, 1909, cannot be invoked as a mechanism to frustrate or indirectly obtain a stay of a Family Court’s maintenance order. The Court observed that insolvency relief cannot be granted to undermine a subsisting maintenance order, and clarified that insolvency proceedings cannot be…
The Bombay High Court has held that proceedings under the Presidency-Towns Insolvency Act, 1909, cannot be invoked as a mechanism to frustrate or indirectly obtain a stay of a Family Court’s maintenance order. The Court observed that insolvency relief cannot be granted to undermine a subsisting maintenance order, and clarified that insolvency proceedings cannot be…