What is changing As part of a process change, and with immediate effect, HMRC will no longer provide either or both pre and post tax clearances in members’ voluntary liquidation cases. Insolvency practitioners should now close cases without tax clearance subject to their professional judgement. This means any requests from insolvency practitioners for clearance already…
The Canadian advertising market has been in turmoil for some years, with local broadcasters and online media players cutting jobs and losing market share amid shifting advertising demand, marketing budget cuts and U.S. streaming giants with ad tiers increasingly dominating the domestic media space. But now that volatility has reached the Canadian podcasting business,…
Larry SchlesingerInvalid Date Former rugby league star and once high-flying Queensland property developer Jarrod McCracken, who appeared on the BRW Young Rich List in 2009 worth an estimated $34 million, is considering appealing a federal magistrate decision to place him in bankruptcy. McCracken was officially declared bankrupt on September 17, according to the Insolvency and Trustee Services…
1. Background Seasonal adjustment is the estimation and removal of effects on a time series that are a result of the time of year, such as the calendar month or Easter. Accounting for these effects makes it possible to analyse the underlying trend in the data. A common example is retail sales, which peak as…
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Romanian low-cost carrier Blue Air goes bankrupt SeeNews Read the original article here
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Affimed N.V. MANNHEIM, Germany, May 13, 2025 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today announced its decision to file an application for opening of insolvency proceedings with the local court of Mannheim in Germany. As previously reported, Affimed N.V.…
A Hunan court confirmed the Stellantis joint venture was unable to repay debts despite a major sell-off of assets. By Stewart Burnett A court in China’s Hunan province has declared GAC Fiat Chrysler Automobiles (GAC-FCA) bankrupt, ending the troubled joint venture between Stellantis and the state-owned Guangzhou Automobile Group. The bankruptcy administrator confirmed the company…
Regional airline declares bankruptcy, customers may not get refunds TheStreet Read the original article here