Casa Luxembourg’s bankruptcy means end for country’s eight shops – Luxembourg Times
Casa Luxembourg’s bankruptcy means end for country’s eight shops Luxembourg Times Read the original article here
Ex-Malaysian PM Ismail Sabri’s family hit by scandal as former son-in-law declared bankrupt
The bankruptcy of high-profile fashion designer Jovian Mandagie, the former son-in-law of Malaysia’s ex-prime minister Ismail Sabri Yaakob, has brought renewed attention to the growing scandals surrounding the former leader’s family. Jovian, once a household name in Malaysian and Indonesian fashion circles, was declared bankrupt by the Kuala Lumpur High Court on Thursday for failing…
Malaysia PM’s ex-son-in-law declared bankrupt over US$1.25million ‘friendly loan’ – South China Morning Post
Malaysia PM’s ex-son-in-law declared bankrupt over US$1.25million ‘friendly loan’ South China Morning Post Read the original article here
As more Australian builders go bust contractors and families are being left substantially out of pocket
When Adelaide Designer Homes was placed into liquidation last month electrician Ralph Czabayski was one of more than 80 creditors left out of pocket. It also left 20 home owners like Joanna and Henry Clough without a completed home. They’re now living in their friend’s tiny spare room and are expecting a baby next month.…
Retrack Slovakia and Retrack Czech file for insolvency | News
Show Fullscreen EUROPE: Retrack Slovakia and Retrack Czech have filed for insolvency. Parent company VTG said persistent challenges in the Eastern European traction market made a sustainable recovery impossible, despite its restructuring efforts and financial support. Retrack Slovakia was founded as Carbo Rail in 2016 through the merger of Carbosped and Rail Sped. VTG Rail…
Record number of Japan ramen eateries went bankrupt in 2024
TOKYO – A record number of ramen noodle eatery operators in Japan went out of business in 2024, according to a research firm, as the food’s reputation for affordability limits room to raise prices amid soaring ingredient and utility costs. Also hit by climbing personnel expenses due to labor shortages, insolvencies among ramen business operators…
Designer Jovian Mandagie Declared Bankrupt After Failing To Repay RM5 Million Loan
Last year, fashion designer Datuk Jovian Mandagie was ordered by the High Court in Kuala Lumpur to pay RM10 million to two companies after failing to repay two “friendly loans” of RM5 million each. Prior to this, the business owner had announced that his brand, along with its parent company, Jovian Mandagie Group Sdn Bhd,…
CARMAT files for insolvency – Medical Buyer
CARMAT (FR0010907956, ALCAR), designer and developer of the world’s most advanced total artificial heart, aiming to provide a therapeutic alternative for people suffering from advanced biventricular heart failure (the “Company” or “CARMAT”), today announces filing for insolvency1 and requesting to be placed in receivership2 to the Versailles Economic Affairs Court3, as well as the suspension…
Glencore in talks with UK government over refinery insolvency – Upstream Online
Glencore in talks with UK government over refinery insolvency Upstream Online Read the original article here
Gautam Adani set to buy one more company, to pay Rs 125000000000 crore for THIS bankrupt business group, company is…
Home Business Gautam Adani set to buy one more company, to pay Rs 125000000000 crore for THIS bankrupt business group, company is… Many big companies are interested in buying this company. Some of the well-known names in the race include Vedanta, Jindal Power, and PNC Infratech. Gautam Adani set to buy one more company, to…