It’s one thing for your company to go bankrupt. But Kass and Mike Lazerow say they lost friends because of it too. In August 2000, just two months after the now defunct e-commerce retailer Chipshot completed its acquisition of the Lazerows’ golf score tracker, Golf.com, for a reported $250,000 in cash and 3 million shares…
Innsbruck — An Austrian court found former property billionaire Rene Benko guilty of one count of insolvency-related fraud on Wednesday, his first criminal conviction related to the collapse of his real estate group Signa, but cleared him on a second count. The court, in his home city of Innsbruck, handed him a two-year prison sentence…
Longtime South Florida health service provider files for bankruptcy The Business Journals Read the original article here
IBC’s Real Estate Crisis: Homebuyers Left Powerless While Builders and Lenders Exploit Legal Loopholes Moneylife Read the original article here
Following a recent ruling by the Supreme Court related to interpreting provisions of the IBC, an approval from the competition watchdog is mandatory for submission of a resolution plan by the entity concerned Competition Commission of India (CCI) has given in-principal approval to Vedanta’s proposal to acquire debt-ridden Jaiprakash Associates (JAL), should it win a…
By TUM BALOGUN, SPORTS REPORTER Published: 23:35 AEDT, 15 October 2025 | Updated: 02:00 AEDT, 16 October 2025 Gareth Bale has opened up on a fear of going bankrupt, despite earning almost £29million-a-year during his time at Real Madrid. The Welshman, who retired after the 2022 World Cup, revealed that tales of former athletes losing…
The Brazilian airline Azul, which is owned by airline mogul David Neeleman, has called for a top-down investigation into the now defunct shell company TAP SGPS to work out why the company is bankrupt, why and where the money went, and to determine who is “guilty” for its insolvency. Azul has questions about the way…
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Singapore singer Hong Junyang performing on stage. Photo from Hong’s Instagram According to The Straits Times, Hong’s name appeared in the Government Gazette’s list of bankrupt individuals, published on Sept. 26. Speaking to AsiaOne on Monday, he explained that his debts primarily arose from his Thai street food chain, The Original Boat Noodle, which he…
Yesterday, it was revealed that local singer-producer Hong Junyang has been declared bankrupt. The news came to light after a tip-off revealed that the 44-year-old was included in a publicly available government gazette of bankrupt individuals published in September, as reported by AsiaOne. Junyang subsequently also confirmed the news with the media outlet, sharing that the…