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Category Archives: Bankruptcy

Sredneuralsk Declared Insolvent as Russian Regions Face Worsening Financial Crisis

BankruptcyBy EditorNovember 21, 2025

Sredneuralsk, a satellite city of Yekaterinburg, has officially been declared insolvent. By order of the governor of Sverdlovsk region, external financial management has been imposed. The trigger was expenditures exceeding revenues by 18 million rubles. Against the backdrop of the oblast’s overall budget deficit of over 30 billion rubles, this amount seems minor, but it…

York and Selby Brazilian steakhouse company directors banned

BankruptcyBy EditorNovember 21, 2025

Dale Laverick, 41, and Alessandro da Silva, 42, used funds from their business K and L Restaurants Ltd to lease an Audi and a Lamborghini, the Insolvency Services has revealed. Both let the company, which ran the Caramba restaurants in York and Selby, to continue to trade for more than a year after it became…

York and Selby Brazilian steakhouse company directors banned

BankruptcyBy EditorNovember 21, 2025

Dale Laverick, 41, and Alessandro da Silva, 42, used funds from their business K and L Restaurants Ltd to lease an Audi and a Lamborghini, the Insolvency Services has revealed. Both let the company, which ran the Caramba restaurants in York and Selby, to continue to trade for more than a year after it became…

EU agrees to harmonise EU insolvency laws to enhance cross-border investments, capital markets – Reuters

BankruptcyBy EditorNovember 21, 2025

EU agrees to harmonise EU insolvency laws to enhance cross-border investments, capital markets  Reuters Read the original article here

Caramba Steakhouse: Directors banned after seeking to lease luxury cars while firms had £100,000 debt – Yorkshire Post

BankruptcyBy EditorNovember 20, 2025

Caramba Steakhouse: Directors banned after seeking to lease luxury cars while firms had £100,000 debt  Yorkshire Post Read the original article here

NCLT Dismisses Insolvency Proceedings Against Satchmo Holdings Following Rs. 70 Crore Settlement – scanx.trade

BankruptcyBy EditorNovember 20, 2025

NCLT Dismisses Insolvency Proceedings Against Satchmo Holdings Following Rs. 70 Crore Settlement  scanx.trade Read the original article here

Ban for directors who tried leasing luxury cars when firm owed more than £100,000 – TheBusinessDesk.com

BankruptcyBy EditorNovember 20, 2025

Ban for directors who tried leasing luxury cars when firm owed more than £100,000  TheBusinessDesk.com Read the original article here

Marijuana powerhouse Cookies risks ‘insolvency’ after judgment – MJBizDaily

BankruptcyBy EditorNovember 20, 2025

Marijuana powerhouse Cookies risks ‘insolvency’ after judgment  MJBizDaily Read the original article here

Taiwanese suppliers count up millions in losses as YT Industries reboots – Bike Europe

BankruptcyBy EditorNovember 20, 2025

Taiwanese suppliers count up millions in losses as YT Industries reboots  Bike Europe Read the original article here

Jaiprakash Power Ventures Stock Rises 29% Amid Gautam Adani’s Acquisition Approval, ETEnergyworld

BankruptcyBy EditorNovember 20, 2025

At the NSE, shares of the firm surged 12.43 per cent to ₹22.79. Shares of Jaiprakash Power Ventures Ltd continued to remain in high demand on Thursday, surging over 12 per cent during the morning trade. The stock jumped 12.25 per cent to ₹22.80 on the BSE. At the NSE, shares of the firm surged…

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