On March 24, 2025, Chancellor Kathaleen McCormick of the Delaware Court of Chancery issued a post-trial opinion in Desktop Metal, Inc. v. Nano Dimension Ltd.,1 ordering the parties to comply with a merger agreement and close a transaction to consummate Nano’s acquisition of Desktop Metal. The decision offers a helpful case study of a deal…
The Supreme Court on Thursday agreed to hear a petition filed by the promoters of tech company Byju’s, seeking to uphold a pre-Corporate Insolvency Resolution Process (pre-CoC) settlement in the company’s insolvency proceedings. The promoters’ lawyers challenged the decision by the Chennai-bench of National Company Law Appellate Tribunal (NCLAT) that denied withdrawal of insolvency proceedings…
Trump’s Inauguration Day: What to expect Donald Trump’s second term as US President will begin with his inauguration on Monday. He plans to sign numerous executive orders and hold a campaign-style rally. Several foreign leaders are invited, and outgoing President Joe Biden will attend. The events are largely funded by Trump’s inauguration committee. Read the…
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Slovenia, Romania, Croatia see rise in insolvency rates in 2024 – Coface SeeNews Read the original article here
Techtex, a company specializing in the production of technical textiles, mainly personal protective equipment (face masks, Dr. Albert brand), part of the IKEA supplier Taparo Group (also in dire financial conditions), has entered insolvency, according to Ziarul Financiar. The face mask factory was developed by the Taparo Group during the 2020 pandemic, with EUR 20…
Jans Holding completed the purchase of a holiday park and farmland in Scotland in April (Stock image) The parent company of three firms in Antrim which entered insolvency last week bought a caravan park and land in Scotland weeks earlier, it has emerged. Jans Holding paid approximately £4.6m to purchase Barnsoul Caravan Park and Barncrosh…
TrendHunter declares bankruptcy after CEO’s death worsens finances Chosunbiz Read the original article here
When people talk about Hong Kong as an international financial centre, what immediately comes to mind are its vibrant capital market, its efficient banking system, the ease and economy of incorporating and operating companies here, and the robust and transparent legal system that supports them. But what is less commonly known is that Hong Kong…