A bankrupted Liverpool councillor is under pressure to resign. Collette Goulding was declared bankrupt at the city’s County Court on May 13 according to the government’s Individual Insolvency Register. The representative for the West Derby Muirhead ward also had links to troubled charity The Big Help Group, where she was a director until December last…
ITALIAN football club Brescia is set to go extinct after 114 years having being declared bankrupt. The club – who started this season in Serie B – have failed to pay debts of more than £2.5million. 3 Roberto Baggio and Andrea Pirlo during their time with BresciaCredit: Getty 3 Pep Guardiola, pictured here in 2001,…
Katie Price faces a wait to see whether more of her income will go directly towards paying off money owed under her two bankruptcies. The former glamour model was declared bankrupt in November 2019 and again in March last year, and the bankruptcies have since been discharged. However, Price, who did not attend the hearing…
AN ITALIAN club over 100 YEARS OLD is set to go extinct after being declared bankrupt. Brescia – in the second-division Serie B – was left in debts over £2.5million and have been unable to pay them. 3 Roberto Baggio and Andrea Pirlo during theit time with BresciaCredit: Getty 3 Pep Guardiola, pictured here in…
Solar Mosaic Plans Bankruptcy Filing as Clean-Energy Woes Mount Bloomberg.com Read the original article here
Ebusco is still on the brink of insolvency due to “overdue payables exceeding its available liquidity” Sustainable Bus Read the original article here
(Bloomberg) — Even as the Brazilian airline Azul SA struggled with exchange rate pressures and the lingering effects of the pandemic, top executives insisted they would do whatever they could to avoid filing for bankruptcy. “The ones who benefit from a Chapter 11 process are not the partners — it’s the lawyers, the advisers,” the…
It turns out Builder.ai was more artificial than intelligent. The $1.5 billion artificial intelligence (AI) company backed by Microsoft Corp. recently shuttered operations after its neural network was exposed to actually be 700 engineers in India. Builder.ai, which has begun formal bankruptcy proceedings in jurisdictions where it operated, including India, the U.K., and the U.S.,…
London Councils forecasts that boroughs’ deficits for Send provision will total £500m by the end of 2026/27 Photo by Kenny Eliason on Unsplash Almost half of London’s local authorities are at “heightened risk” of bankruptcy because of insufficient schools funding from the government, according to London Councils. The cross-party group, which acts as a representative…
Barrister Darragh Connell, representing trustees, told the specialist court she has not paid the arranged £12,500 a month. Mr Connell asked Insolvency and Companies Court Judge Sebastian Prentis to make an income payments order, which means money would go from any salary towards Price’s outstanding debt. The order relates to 10 companies. However, the judge…