Textile company Sritex was declared bankrupt by the court. However, Sritex employees are still working in the factory. PT Indo Bharat Rayon is a debtor of four textile companies, namely PT Sri Rejeki Isman (Sritex), PT Sinar Pantja Djaja, PR Bitratex Industries, and PT Primayudha Mandirijaya. The company submitted a request to the Class 1A…
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REVEALED: Latest business liquidations in Wellington Herald Sun Read the original article here
Quebec judge declares Northvolt insolvent as province recovers nearly $200M MSN Read the original article here
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Wemakeprice faces bankruptcy as court ends rehabilitation 조선일보 Read the original article here
A Hong Kong court has extended convicted forger Peter Chan Chun-chuen’s bankruptcy by four years, citing his failure to settle debts owed to the estate of the late tycoon Nina Wang Kung Yu-sum since losing a high-profile lawsuit over her billion-dollar assets 15 years ago. The High Court on Tuesday suspended Chan’s automatic discharge from…
Company bankruptcies are growing rapidly in Switzerland. One reason for this is a change in bankruptcy law.(symbolic image) Keystone In Switzerland, significantly more companies went bankrupt in August than in the previous year. According to Creditreform, a change in the law plays a key role in this. The outlook remains bleak. No time? blue News…
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