Chinese EV Maker Neta’s Parent Company Enters Bankruptcy

Bankruptcy

  Further details from the national enterprise bankruptcy disclosure platform, dated 13th June, revealed that Shanghai Yuxing Advertising Co. had filed a petition for Hozon to enter bankruptcy, citing unpaid exhibition printing fees. The court has accepted the case and appointed an administrator to oversee the restructuring.   Conflicting reports have emerged from Thailand. Neta’s…

Former Premier League football star ‘is declared bankrupt’ – but says at £2million mansion he had ‘no idea’ about legal ruling

Bankruptcy

By NOOR QURASHI Published: 10:48 AEST, 21 June 2025 | Updated: 10:52 AEST, 21 June 2025 A former Premier League footballer who has been declared bankrupt is insisting he had ‘no idea’ all his valuable assets could now be seized. Lee Clark, 52, an ex-midfielder for Newcastle United, Sunderland and Fulham, said yesterday from his…

FirstCry Parent Faces Turmoil as Insolvency Plea Hits Key Subsidiary GlobalBees

Bankruptcy

An insolvency petition has been launched against GlobalBees Brands, a significant subsidiary of Brainbees Solutions, the parent company of well-known baby products retailer FirstCry, in a significant development that could upend one of India’s leading consumer brand aggregators. The case demonstrates growing financial strain, legal complications, and conflicts over outstanding debts. Credits: startuptalky Insolvency Petition…