Music fans have been left out of pocket following the last-minute postponement of a festival in Glasgow organised by a man who has been declared bankrupt. In the City festival was due to be held on Glasgow Green on 23 and 24 August, featuring acts including Unkle, Huey Morgan and Grandmaster Flash. Ticketholders were told…
Martin Graham BBC Scotland News Sharon McMahon The event was due to take place at Glasgow Green on Saturday and Sunday Music fans have been left out of pocket following the last-minute postponement of a festival in Glasgow organised by a man who has been declared bankrupt. In the City festival was due to be…
While Amitabh Bachchan has been at the peak of stardom for most of his career, the legendary actor also went through a tough phase in his career. The actor almost went bankrupt when he started his own production house ABCL and it went into severe losses. To make matters worse, his acting career had also…
The collapse of Delio, a once-prominent South Korean crypto lending platform, has become a focal point for understanding the challenges of insolvency in the digital asset sector. As the Seoul Bankruptcy Court rejected Delio’s third corporate rehabilitation bid in 2025, the case underscores the fragility of regulatory frameworks in an industry still grappling with its…
Cosmicnode, a Dutch specialist in wireless control solutions for LED lighting and other applications, has gone bankrupt. The company, based at the High Tech Campus in Eindhoven, the Netherlands, had been operating under the radar for years. Just this spring, when it began to present itself more visibly to the market, it filed for…
The amendment seeks to give buyers of distressed assets a clean slate by extinguishing all claims by creditors against a bankrupt company once an insolvency resolution plan is approved, said two persons aware of discussions in the government. This covers claims not specifically provided for in the resolution plan. A specific provision to this effect…
Resurgent India files insolvency plea against Future Consumer MSN Read the original article here
Company behind Lindsey Oil Refinery collapsed owing estimated £1.6bn including huge sum to tax office business-live.co.uk Read the original article here
RetailDeals A specialist in litigation and dispute resolution has warned that Poundland could ultimately wind up in insolvency proceedings despite its rescue deal. Poundland narrowly avoided administration after the High Court approved a major restructuring plan, but the discount chain has confirmed several stores across the country – as well as its online store and…
RetailDeals A specialist in litigation and dispute resolution has warned that Poundland could ultimately wind up in insolvency proceedings despite its rescue deal. Poundland narrowly avoided administration after the High Court approved a major restructuring plan, but the discount chain has confirmed several stores across the country – as well as its online store and…