UK-based AI startup Builder.ai reportedly filed for bankruptcy in a Delaware court on 2 June after creditors seized the majority of the company’s funds. According to Bloomberg, filings revealed the start-up had overstated its 2024 sales projections by 300 per cent, leading to the cash seizure. Among the list of creditors published by the company…
Katie Price faces a wait to see whether more of her income will go directly towards paying off money owed under her two bankruptcies. The former glamour model was declared bankrupt in November 2019 and again in March last year, and the bankruptcies have since been discharged. However, Price, who did not attend the hearing…
Katie Price faces a wait to see whether more of her income will go directly towards paying off money owed under her two bankruptcies. The former glamour model was declared bankrupt in November 2019 and again in March last year, and the bankruptcies have since been discharged. However, Price, who did not attend the hearing…
The former glamour model was declared bankrupt in November 2019 and again in March last year, and the bankruptcies have since been discharged. However, Price, who did not attend the hearing and was not represented, still owes money as a result of the bankruptcies, and she had previously reached a voluntary agreement over her debts.…
UK Service Plan Ltd sold monthly and annual plans which they said would provide service cover for household appliances. The company had a pattern of behaviour which involved targeting the elderly and vulnerable and creating direct debits without permission. The company was subject to a successful winding up order at the High Court in London…
Katie Price back in court for bankruptcy hearing after ‘discrimination’ fury The Mirror Read the original article here
New lawsuits filed against Modere allege deceit and debt in its final days and that it failed to give employees a required notice that they were losing their jobs. (Trent Nelson | The Salt Lake Tribune) The offices of former Utah multilevel marketing company Modere in Springville on April 15, 2025. | June 6, 2025,…
OPINION | A bombshell insolvency ruling rewrites the rules News24 Read the original article here
The connected relationships that our team have with their clients ensures they understand the practical and commercial challenges faced by individuals, business directors, shareholders, trustees of charities, and leaders of educational institutions dealing with financial distress. Working closely with insolvency practitioners (liquidators, administrators, bankruptcy trustees, nominees, supervisors, and receivers) our team provide clear, strategic advice…
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