On 3 September 2025, the Court of Appeal handed down judgment in East Riding of Yorkshire Council v KMG SICAV-SIF-GB Strategic Land Fund [2025] EWCA Civ 1137, confirming that a “dedicated fund” of a Luxembourg specialised investment company was not an “unregistered company” within the meaning of section 220 of the Insolvency Act 1986 (the “Act”), and…
Even the world’s most famous people can go flat broke. It’s one of the most fascinating contradictions in celebrity culture: how someone can earn tens or even hundreds of millions of dollars—often in just a few short years—and still wind up bankrupt. For some, the collapse happens suddenly after a bad investment or an expensive…
Dutch food startup Lokalist, known for connecting local farmers and food producers directly with consumers and businesses, has been declared bankrupt. Get access to the full article? Become our friend Become our friend to join our community and get access to continue reading. Why? We’re Silicon Canals, an independent, privately owned, media company bringing you…
The supplier ceases operations. (symbolic image) KEYSTONE The German automotive supplier AE Group is shutting down operations for good. After a failed restructuring, around 700 employees will lose their jobs by the end of the year. No time? blue News summarizes for you The AE Group in Thuringia is closing down for good after a…
In Switzerland, 6274 companies have gone bankrupt since the beginning of the year. (archive picture) Keystone Never before have so many company bankruptcies been recorded in Switzerland as in 2025. According to a new analysis, the number has risen by 40 percent. A legal reform is now forcing public creditors to take action. No time?…
In Switzerland, 6274 companies have gone bankrupt since the beginning of the year. (archive picture) Keystone Never before have so many company bankruptcies been recorded in Switzerland as in 2025. According to a new analysis, the number has risen by 40 percent. A legal reform is now forcing public creditors to take action. No time?…
Bankruptcy Law aims for modern economic pragmatism vietnamnews.vn Read the original article here
The High Court of Gujarat directed final settlement of dues of unsecured creditors in the liquidation proceedings of a pharmaceutical company, permitting disbursement of funds available with the Official Liquidator under Section 530 of the Companies Act, 1956. The matter was initiated by the Official Liquidator of Aesculapius Remedies Limited (in liquidation), seeking permission to…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Jaiprakash Associates Limited ( (IN:JPASSOCIAT) ) has provided an announcement. Jaiprakash Associates Limited, currently undergoing a Corporate Insolvency Resolution Process, has announced the approval of a key…
A Christchurch scaffolding company owes creditors about $500,000 after a merger with its Auckland business failed. Engelbrecht Group Ltd stopped trading after being put into voluntary liquidation by shareholders Charl Engelbrecht and Ruan Engelbrecht. The company has an unpaid debt of about $150,000 to Inland Revenue for outstanding GST payments and owes an estimated $350,000…