German court refers question of insolvency avoidance to European Court of Justice – Taylor Wessing
German court refers question of insolvency avoidance to European Court of Justice Taylor Wessing Read the original article here
La Perla manufacturing arm declared insolvent
There continues to be rumblings surrounding lingerie brand La Perla. The Bologna court has declared La Perla Manufacturing Srl insolvent, several Italian media outlets have reported. This branch of the La Perla Group is responsible for manufacturing the brand. The branch is now in receivership. So it is not (yet) about the entire company behind…
Kate Moss’s Beauty Brand Is Insolvent
In recent years, more and more celebrities have launched beauty and wellness brands. Even ’90s supermodel Kate Moss jumped on this trend, launching her own brand, Cosmoss, in 2022. As it turns out, the venture has met with moderate success. Gwyneth Paltrow, Kourtney Kardashian, and Miranda Kerr launched their own wellness and lifestyle brands. Stars…
China’s GAC Fiat Chrysler JV declared bankrupt
GAC Fiat Chrysler Automobiles Company, the joint venture between the Netherlands-headquartered automaker Stellantis NV and Chinese state-owned Guangzhou Automobile Group, has been officially declared bankrupt. The company recently disclosed documents confirming that a court in China’s Hunan Province has officially declared the company bankrupt, according to local reports. GAC Fiat Chrysler Automobiles was founded in…
23andMe bankrupt: Anne Woj
On Friday, days before 23andMe’s bankruptcy filing, California Attorney General Rob Bonta issued an urgent alert reminding 23andMe customers of their legal rights under state law – and called on them to consider deleting and destroying any genetic data held by the company. Bonta’s office pointed to 23andMe’s ongoing financial distress and the “trove of…
Legendary Bollywood producer went bankrupt after building empire from scraps, was sued by financiers while dealing with heart ailments | Bollywood News
He was summoned from Pakistan to Mumbai by his cousin Prithviraj Kapoor; he assisted K Asif on Mughal-E-Azam and worked as a secretary to Geeta Bali. He debuted as a producer with a film starring Rajesh Khanna. But things fell apart some years later, when a major flop sent him spiralling into debt. He was…
La Perla manufacturing arm declared insolvent
There continues to be rumblings surrounding lingerie brand La Perla. The Bologna court has declared La Perla Manufacturing Srl insolvent, several Italian media outlets have reported. This branch of the La Perla Group is responsible for manufacturing the brand. The branch is now in receivership. So it is not (yet) about the entire company behind…
Insolvency filings in May rise from April, but down from last year – Toronto Star
Insolvency filings in May rise from April, but down from last year Toronto Star Read the original article here
China’s GAC Fiat Chrysler JV declared bankrupt
Stellantis current US-made Jeep Grand Cherokee. GAC Fiat Chrysler Automobiles Company, the joint venture between the Netherlands-headquartered automaker Stellantis NV and Chinese state-owned Guangzhou Automobile Group, has been… Read the original article here
BRIEF: GAC-Stellantis joint venture officially declared bankrupt – Bamboo Works
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co. Ltd. (GAC FCA), officially declared the venture bankrupt. The court-appointed bankruptcy administrator confirmed that the company was unable to repay its debts and lacked the…