The latest data on the number of winding up petitions in the Insolvency and Company Court provides insights into the recent increase in insolvencies and offers a hint as to the sectors that may be impacted most by claims against the former directors of insolvent companies. Since 2020, the number of insolvencies has…
Berlin-based HealthTech startup doctorly, which developed Germany’s first fully cloud-based, VC-backed and regulated practice management software, has been acquired in full by FREY ADV, a longstanding software provider in the German healthcare market. The 100% share-deal marks a turn of events for the startup, which today announced the withdrawal of its insolvency application. “doctorly has…
QUEBEC CITY, Canada, June 11, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, as a result of the cessation of the Company’s discussions with a significant potential commercial counterpart and…
QUEBEC CITY, Canada, June 11, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, as a result of the cessation of the Company’s discussions with a significant potential commercial counterpart…
This page provides information on how to claim redundancy pay for those affected. Anthony John Wright and Geoffrey Paul Rowley of FRP Advisory Trading Limited, who had previously been appointed Joint Nominees on 23 April 2025, became Joint Supervisors of the Company Voluntary Arrangement. If you are an affected employee, this page will provide…
Business Distress Index – where does the South West rank? NationalWorld Read the original article here
The last-minute move that could save Pesutto from bankruptcy Herald Sun Read the original article here
Insolvency & Restructuring Fasken Read the original article here
Victorian Liberal MP Moira Deeming demanded the party guarantee her preselection in exchange for temporarily forgiving former leader John Pesutto’s $2.3 million legal debt and avoiding a potentially damaging byelection in his inner-city electorate. Pesutto is on the brink of bankruptcy unless he can find another $1.5 million to repay his colleague’s court-ordered legal fees…
Mosaic most likely experienced a similar liquidity crunch as it was unable to sell its portfolios of solar loans at the volume and price required to raise enough capital for new loans, Osha said. In a Monday analyst note, he highlighted that Mosaic had also “failed to make the transition from solar loans to third-party ownership” as…