Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were recorded. Michael Reid, Aberdeen-based partner and insolvency specialist at MHA, one of…
The tribunal rendered these observations while rejecting an application filed by the resolution professional (RP) of Shakti Bhog Snacks Limited under Section 54 of the IBC, seeking dissolution of the company on the ground that there are no assets, no ongoing business operations and no scope for its revival. The RP said that continuation of…
Half of Korea’s Petrochemical Firms Could Go Bankrupt Within 3 Years Without Restructuring Businesskorea Read the original article here
20 June 2025, 14:33 Noel Edmonds made his millions in TV and radio. Picture: Alamy Noel Edmonds has made a fortune over his 50-year career but not without his ups and downs – here we explore his net worth, bankruptcy and the story behind his inspiring knight statue. Noel Edmonds is returning to TV screens…
Calgary-based robotics company Attabotics files for bankruptcy protection Calgary Herald Read the original article here
The court, however, found that MIIF is statutorily deemed to be the insurer when it assumes responsibility for a covered claim. Under G.L. c. 175D, § 5(1)(b), MIIF “shall be deemed the insurer to the extent of its obligation on the covered claims and shall have all rights, duties and obligations of the insolvent insurer…
Open this photo in gallery: Attabotics, founded in 2015 by Scott Gravelle, has raised nearly $200-million from investors and lenders, including Ontario Teachers’ Pension Plan Board, Export Development Canada, Coatue Management, Comcast Ventures, Forerunner Ventures and Werklund Growth Fund. It also received $34-million from the federal government’s Strategic Innovation Fund in 2020.Jeff McIntosh/The Globe and…
Attabotics Inc., a Calgary-based robotics and automation startup, has filed for bankruptcy protection, according to multiple reports. The company, founded in 2016 by CEO Scott Gravelle, designs and manufactures an automated storage and retrieval system, using robotics. Attabotics reportedly had more than 300 employees, including about 250 in Calgary as of 2022. It is unclear…
Article continues after video advertisement Article continues after video advertisement On Monday, June 30, Slovak travel agency HappyTravel.sk was still selling holiday packages to Egypt and Turkey. Just one day later, on Tuesday, July 1, the company declared insolvency, meaning it can no longer meet its financial obligations. Roman Berkes, CEO of HappyTravel.sk, also stepped…
According to the insolvency administrator, Schuhbeck’s companies owe creditors 27 million euros. Among other things, Schuhbeck is accused of delaying insolvency. Schuhbeck enters the courtroom on the third day of the trial. Creditors demand 27 million euros from Schuhbeck’s companies – Gallery