THE HON SUSSAN LEY MP DEPUTY LEADER OF THE OPPOSITION SHADOW MINISTER FOR INDUSTRY, SKILLS AND TRAINING SHADOW MINISTER FOR SMALL AND FAMILY BUSINESS SHADOW MINISTER FOR WOMEN FEDERAL MEMBER FOR FARRER The official ASIC insolvency data, updated Monday, shows there have been almost 26,000 business insolvencies since the Albanese Government was elected and confirmed November…
By Clara Geoghegan · June 26, 2025, 4:46 PM EDT Swiss solar panel maker Meyer Burger’s U.S. unit secured a Delaware bankruptcy judge’s interim approval Thursday for a $10 million debtor-in-possession loan as it looks to sell two manufacturing sites in… To view the full article, register now. Read the original article here
NCLAT Fortnightly: Important orders on IBC (March 1 – March 15, 2025) Bar and Bench Read the original article here
CAM Advised Central Bank of India On Its Joint Venture With Generali Participations Netherlands N.V. & Related Transactions BW Legal World Read the original article here
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years The Bielefeld District Court has opened self-administered insolvency proceedings for Gerry Weber’s holding company and has reappointed restructuring expert Christian Gerloff – who was…
In a three-year spending spree, a would-be watch aficionado in Melbourne bought scores of Rolexes, Piagets and other luxury timepieces, building a collection worth more than $2 million. Then something went wrong. The 95 watches – meticulously documented and many of which have never been worn – are up for sale after the owner went…
27 June 2025, 14:59 The TV host said his business, Unique Group, was destroyed by corrupt bankers. Picture: Alamy The Deal or No Deal presenter claimed he was the victim of a multi-million pound fraud that destroyed his business. Noel Edmonds fronted popular TV show Deal or No Deal featuring the infamous Banker for many…
1. Overview The Insolvency Service is an executive agency of the Department for Business and Trade (DBT) and helps deliver economic confidence by supporting those in financial distress, tackling financial wrongdoing and maximising returns to creditors. Acting as oversight regulator of Insolvency Practitioners (IPs) on behalf of the Secretary of State for DBT, the Insolvency…
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What do you do if the bank accidentally sends you more than $1 million? A court has heard this happened to former lawyer Chaim Geron, who’s accused of quickly transferring the money offshore, declaring bankruptcy and leaving the country under a false name. What followed was an international pursuit by the person charged with handling…