Insolvencies in Australia are expected to keep rising throughout 2025, as financial pressures deepen and become more entrenched across several key sectors, according to a new report from one of Australia’s biggest law firms. Editor’s note: This story first appeared on Accounting Times’ sister brand, Lawyers Weekly. Following record-breaking highs in insolvency rates in 2024,…
Calgary startup raised more than $200-million CAD from institutional and government sources in its lifetime. Calgary-based robotics startup Attabotics has closed its doors and filed a notice of intention (NOI) to make a proposal under the Bankruptcy and Insolvency Act. An NOI for both its Canadian and American operations, dated July 2, was posted…
Lenders to GVK Power and Infrastructure (GPIL) would re-run the debt-laden company‘s insolvency process and seek separate bids for each of the four individual assets that cover businesses as diverse as land parcels, power, roads, and a residual stake in the Mumbai airport, documents accessed by ET showed. About ₹16,000 crore of bank funds are…
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…
FASHION DESIGNER JOVIAN MANDAGIE DECLARED BANKRUPT Bernama Read the original article here
Famous Malaysian fashion designer, Datuk Jovian Mandagie, was declared bankrupt by the High Court (Insolvency Division) yesterday (July 3) after failing to pay his loan. The total amount of the friendly loan from an engineering company is RM5.28 million. Senior Assistant Registrar Muhammad Faisal Zulkifli made the decision in today’s proceedings after allowing the creditors’…
KUALA LUMPUR: Fashion designer Datuk Jovian Mandagie has been declared bankrupt by the High Court here over his failure to settle a RM5mil friendly loan to a company. Senior assistant registrar Muhammad Faisal Zulkifli issued the order against the former son-in-law of Datuk Seri Ismail Sabri Yaakob during a hearing of the creditor’s petition yesterday.…
1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>] 30.12.2020 What an irony of the destiny that in the year of its 25th anniversary an international magazine The Baltic Course is leaving the market of mass media. A website about business and analytical news of Baltic States shall remain in the World…
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…
KUALA LUMPUR (July 3): Fashion designer Datuk Jovian Mandagie was declared a bankrupt by the High Court on Thursday after failing to repay a friendly loan of RM5.28 million, including interest, to engineering construction company Cekap Air Sdn Bhd (Cekap Air). Senior Assistant Registrar Muhammad Faisal Zulkifli issued the order after allowing the creditors’ petition…