He’s a well-known and popular face of York, who co-founded one of York’s most iconic companies. But now, following a take-over of his previously thriving business, Ben Fry has been declared bankrupt. Ben began The Potions Cauldron with Phil Pinder to make wizard-themed drinks in 2016. Over the years, the business grew, with it operating…
The Structural Paralysis of India’s Insolvency Regime The National Company Law Tribunal continues to struggle under an overwhelming volume of legacy litigation, a factor that effectively nullifies the speed-oriented design of the Insolvency and Bankruptcy Code. The recent proposal by ICRA to bifurcate the insolvency process—creating a specialized, expedited track for smaller claims—is a direct…
The string of airline bankruptcies that began following the U.S. strike on Iran and subsequent spike in jet prices is not over yet. The most prominent collapse occurred at the start of May when well-known low-cost airline Spirit Airlines canceled all of its flights and shut down for good. This was despite much industry hope for a…
The string of airline bankruptcies that began following the U.S. strike on Iran and subsequent spike in jet prices is not over yet. The most prominent collapse occurred at the start of May when well-known low-cost airline Spirit Airlines canceled all of its flights and shut down for good. This was despite much industry hope for a…
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Lawrence Dallaglio faces fresh bankruptcy scrutiny amid £200,000 spending claims and undisclosed bank account allegation (Image via Getty) Lawrence Dallaglio is facing fresh scrutiny after new court documents reportedly accused the former England rugby captain of continuing to spend heavily while bankrupt. The allegations, reported by The Telegraph, claim that Lawrence Dallaglio spent large amounts…
FILE PHOTO – French President Emmanuel Macron speaks to the media upon his arrival to attend the special EU summit in Brussels. (is associated with: «Maker of lenses in Macron’s Davos sunglasses enters insolvency») Michael Kappeler/dpa The French manufacturer behind the lenses used in the luxury sunglasses worn by French President Emmanuel Macron at the…
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