What happens when your builder goes bust – Money magazine
What happens when your builder goes bust Money magazine Read the original article here
Oando’s financial woes raise eyebrows over T&T refinery deal
Joshua Seemungal Senior Multimedia Investigative Journalist joshua.seemun[email protected] Nigerian energy company Oando PLC, the Government’s preferred bidder for the lease of the Pointe-a-Pierre refinery, has been struggling financially. According to Oando’s unaudited statements and separate financial statements ending December 31, 2024, the company is in accounting insolvency. The financial statements, viewed by Guardian Media’s Investigative Desk,…
Surge in self-declared bankruptcies worrying, says Insolvency DG
PUTRAJAYA: The rising trend of people declaring themselves bankrupt is a concern as it shows many are struggling with severe financial difficulties, says the Insolvency Department director-general Datuk M. Bakri Abd Majid. In recent years, more people have opted to declare themselves bankrupt through a Debtor’s Petition, a legal process to protect themselves from excessive…
Ant Middleton banned as company director over £1m unpaid tax
Former SAS: Who Dares Wins star Ant Middleton has been banned from being a company director, after his company failed to pay more than £1m tax. The Insolvency Service said Mr Middleton and his wife, Emilie, “were taking millions of pounds out of” their company when it should have been paying the tax instead. The…
Troubled electric vehicle maker Nikola files for bankruptcy protection | Chapter 11 – corporate bankruptcies
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona…
Insolvency DG warns of rising trend in self-declared bankruptcy
PUTRAJAYA (March 30): The rising trend of individuals declaring bankruptcy voluntarily is becoming a growing concern, signalling that many are struggling with severe financial difficulties. In recent years, more people have opted to declare themselves bankrupt through a Debtor’s Petition, a legal process filed in court to protect themselves from excessive creditor claims. Expressing concern…
China-based foldable pioneer Royole Technologies declares bankruptcy
Royole Technologies, a pioneer in foldable display technology and the creator of the world’s first commercial foldable smartphone has declared bankruptcy. Despite its early lead and innovative products, the company struggled financially, leading to its demise. According to IT Home, Finance Sina, and East Money, an announcement from the Shenzhen Municipal Intermediate People’s Court stated…
Growing trend in self-declared bankruptcy cases, says DG – Free Malaysia Today
Growing trend in self-declared bankruptcy cases, says DG Free Malaysia Today Read the original article here
Insolvency DG Warns Of Rising Trend In Self-declared Bankruptcy – bernama
Insolvency DG Warns Of Rising Trend In Self-declared Bankruptcy bernama Read the original article here
IndusInd International assumes control of Reliance Capital as Anil Ambani's co withdraws petition – MSN
IndusInd International assumes control of Reliance Capital as Anil Ambani’s co withdraws petition MSN Read the original article here