December 12 – Following the failed takeover of ADA Group, Belgian second-division club KMSK Deinze has been declared bankrupt by a local court in Ghent. The writing had been on the wall for weeks, if not months. In November, following the departure of ACA Football Partners, an investment firm from Singapore, ADA from Luxembourg, fronted…
The embattled German shipbuilding group FSG-Nobiskrug Holding along with its two shipyards and its design group have been provisionally declared insolvent by a German court due to a filing by an insurance company. Investor Lars Windhorst, who has controlled the group since a prior insolvency filing in 2020, is vowing to fight the proceeding…
Nicheliving entities back in directors’ hands Business News Read the original article here
DFS Secretary Shri M. Nagaraju chairs review meetings to address key operational challenges and enhance efficiency of resolution mechanisms through NARCL and NCLT PIB Read the original article here
Norwegian Hydrogen Fuel Cell Company TECO 2030 Goes Bankrupt Amid Capital Shortfalls FuelCellsWorks Read the original article here
The consequences of the financial crisis have hit the Netherlands. Credit institute DBS has declared bankruptcy, following a Dutch court ruling, a week after the Central Bank intervened. The institute was also one of the sponsors of the Dutch football team, Az Alkmaar. /telegraph/tch/ Read the original article here
Business bankruptcies up a third compared to last year after 6% jump in November | NL Times Skip to main content Read the original article here
The WA Opposition has formally referred embattled builder NicheLiving to the AustralianSecurities and Investments Commission (ASIC) following reports suggesting the company mayhave been trading while insolvent as far back as 2021. Opposition Leader and Shadow Commerce Minister Shane Love MLA called for ASIC to urgentlyinvestigate NicheLiving after it was revealed the company directors have mounted…
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A non-profit organization that supported small businesses across British Columbia has ceased operations due to financial challenges. Small Business B.C. (SBBC) was placed under bankruptcy on Dec. 5. MNP Ltd. has been appointed its trustee. SBBC was established as a non-profit in 2002 and provided entrepreneurs at various skill levels guidance and resources to help build their businesses. For…