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Category Archives: Bankruptcy

AI meets insolvency tech as Aryza snaps up fellow Irish company Webio

BankruptcyBy EditorMay 29, 2025

= 1023) { if(window.pageYOffset = 190) { atTop = true; } }” :class=”{ ”: !atTop, ‘fixed-top’: atTop }”> May 28, 2025 Back to top © 2025 Business Post Part of the Download Business Post app … Read the original article here

More trouble for Keroche as ex-MD files for liquidation in Sh75m exit payout dispute – Business Daily

BankruptcyBy EditorMay 29, 2025

More trouble for Keroche as ex-MD files for liquidation in Sh75m exit payout dispute  Business Daily Read the original article here

Husband-and-wife directors of singing waiters firm banned – continued to take payments when company was insolvent – Insider Media Ltd

BankruptcyBy EditorMay 29, 2025

Husband-and-wife directors of singing waiters firm banned – continued to take payments when company was insolvent  Insider Media Ltd Read the original article here

City regulator issues alert over bankrupt podcaster’s former company – The Times

BankruptcyBy EditorMay 29, 2025

City regulator issues alert over bankrupt podcaster’s former company  The Times Read the original article here

‘We will sue him until he goes bankrupt’: Victim’s mother plans to sue ex-actor Ian Fang

BankruptcyBy EditorMay 28, 2025

In the case of former artist Ian Fang sexually assaulting a girl, the victim’s mother bluntly said that the sentence given to Fang was too light. The 35-year-old fomer MediaCorp artist was sentenced to 40 months’ jail after he pleaded guilty to having sex with the girl before she turned 16. He had sex with…

Semry Nears Insolvency as Financial Losses and Unmet Investment Needs Mount

BankruptcyBy EditorMay 28, 2025

(Business in Cameroon) – State-owned rice farming company, Semry, is facing a severe financial crisis that threatens its existence, according to a recent audit report by the Chamber of Accounts of the Supreme Court. The report, which covers the 2018-2021 period, reveals that the Yagoua Rice Farming Expansion and Modernization Company (Semry), a public entity…

Fewer companies went insolvent under IBC in FY 2025: Reports

BankruptcyBy EditorMay 28, 2025

New Delhi: Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted for insolvency, a sharp 28 per cent drop from 1,003 in the previous year. The number of approved…

Malaga court absolves couple’s debt of more than two million euros after their business went bust

BankruptcyBy EditorMay 28, 2025

Wednesday, 28 May 2025, 10:22 The economic crisis of 2008 was the start of the downfall for a family business in the agri-food sector. Nearly two decades later, the couple were living in a situation where they owed more than two and a half million euros in debts. Finally, a Malaga court has exonerated them…

Helmsman details insolvency processes in Singapore amidst closure of oil, shipping firms – Manifold Times

BankruptcyBy EditorMay 28, 2025

Helmsman details insolvency processes in Singapore amidst closure of oil, shipping firms  Manifold Times Read the original article here

Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low: ICRA

BankruptcyBy EditorMay 28, 2025

Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted for insolvency, a sharp 28 per cent drop from 1,003 in the previous year. The number of approved resolution plans…

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