Aaron Carter’s Estate Declared Insolvent, Unable To Pay $241K Debt Two years after his death, Aaron Carter’s estate has reportedly been declared insolvent, informing the court it’s unable to cover the late singer’s $241K tax debt. Documents obtained by In Touch reveal that despite selling off many of Aaron’s assets, including his home and car…
66 total views today By Rukayat Moisemhe The Nigerian Bar Association – Young Lawyers Forum (NBA-YLF) has urged the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) to foster stronger collaboration. The forum said such collaboration would enhance youth inclusion and increase…
Solar glass manufacturer Borosil Renewables has announced that its step-down German subsidiary, Glasmanufaktur Brandenburg (GMB), has filed for insolvency under the German Insolvency Code before the jurisdictional court in Cottbus. The company said it filed for insolvency due to the sustained deterioration in the European solar manufacturing ecosystem, with Chinese manufacturers flooding the market with…
Open this photo in gallery: Scott Gravelle, the CEO of Attabotics Inc., a robotics logistics company based in Calgary, Alta., Tuesday, Aug. 18, 2020.Jeff McIntosh/The Globe and Mail Federal Crown agency Export Development Canada pushed Calgary robotics startup Attabotics Inc. toward insolvency last month after the money-losing company failed to raise financing that would have…
Image for representation purpose only The shipping industry, being the mainstay of international trade, is not left unaffected by economic highs and lows, which can lead to the downfall of the largest shipping companies. The bankruptcies impact the global chain while showcasing the vulnerabilities and pressures faced by maritime companies to remain competitive. One of…
Long considered a highlight of Calgary’s tech scene, local robotics company ATTAbotics is now restructuring as it deals with insolvency. That restructuring includes terminating 192 of its 203 employees, keeping only 11 as it navigates the road ahead, according to documents published by insolvency trustee firm Richter Inc. Founded in 2016 by Scott Gravelle, ATTAbotics…
Image for representation purpose only The shipping industry, being the mainstay of international trade, is not left unaffected by economic highs and lows, which can lead to the downfall of the largest shipping companies. The bankruptcies impact the global chain while showcasing the vulnerabilities and pressures faced by maritime companies to remain competitive. One of…
1. What bankruptcy means Bankruptcy is one way for individuals to deal with debts they cannot pay. It does not apply to companies or partnerships. The bankruptcy process: makes sure your assets are shared among those you owe money to (creditors) lets you make a fresh start free from debt (with some restrictions) 2. Who…
Who Will Buy Tesla When It Goes Bankrupt? CleanTechnica Read the original article here
Solar glass manufacturer Borosil Renewables has announced that its step-down German subsidiary, Glasmanufaktur Brandenburg (GMB), has filed for insolvency under the German Insolvency Code before the jurisdictional court in Cottbus. The company said it filed for insolvency due to the sustained deterioration in the European solar manufacturing ecosystem, with Chinese manufacturers flooding the market with…