A ransomware attack pushed the German napkin firm Fasana into insolvency Pierluigi Paganini June 20, 2025 A cyberattack pushed the German napkin firm Fasana into insolvency, likely worsening existing financial troubles and serving as the final blow. German napkin maker Fasana filed for insolvency after a major cyberattack on May 19 paralyzed its systems, halting…
IBC Sees Highest-Ever Recovery in FY24-25 but Resolution Delays and Haircuts Remain a Drag: ICRA Moneylife Read the original article here
Dutch company bankruptcies rise slightly in May as hospitality sector struggles NL Times Read the original article here
IBC’s weak spot: Slow, difficult recovery from dubious pre-bankruptcy deals Mint Read the original article here
State-owned pharmaceutical company PT Indofarma has responded to its subsidiary PT Indofarma Global Mendika which was declared in default or bankrupt by the court, assuring stability of operations in the parent company and other subsidiaries. Hilda Yani, Corporate Secretary of Indofarma, said that this decision was the result of a creditor vote on the peace…
Failed Mosgiel businessman Malcolm Burns – who owes creditors millions – has finally been declared bankrupt despite a last-ditch effort to delay the decision a fourth time. Associate Judge Dale Lester declared Mr Burns bankrupt in the High Court at Dunedin on June 12 after the previous week giving him “a last chance” to pay…
Slight fall in insolvency-related activity in Portsmouth and the South East portsmouth.co.uk Read the original article here
QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the “Determination Letter”) from Nasdaq notifying the Company that…
QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the “Determination Letter”) from Nasdaq notifying the…
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