James Hickmann, founder of South Australian-based LED lighting and technology company Vailo, has been declared bankrupt by the Federal Circuit Court in Adelaide after failing to repay a $600,000 loan. The decision automatically disqualifies Hickmann from managing corporations or holding positions such as director of more than 50 of his companies, including Vailo. As reported…
France’s Carmat files for insolvency, shares suspended MSN Read the original article here
Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among other issues. In a regulatory filing on Monday, JAL informed that “the 16th meeting of the Committee of Creditors (CoC) of the company will be held on 1st July, 2025.” The…
(Reuters) -French heart prosthesis company Carmat has filed for insolvency and requested to be placed in receivership after failing to secure emergency funding, it said on Monday. Trading in Carmat shares have been suspended at the company’s request, it said, pending a decision by the the Versailles Economic Affairs Court. Carmat, which had warned earlier…
The owner of the Lindsey oil refinery has crashed into insolvency, putting hundreds of jobs at risk at the energy conglomerate behind the Lincolnshire site. Sky News has learnt that State Oil, the parent company of Prax Group, which has oilfield interests in the Shetlands and owns roughly 200 petrol stations, has been forced to…
The owner of the Lindsey oil refinery has crashed into insolvency, putting hundreds of jobs at risk at the energy conglomerate behind the Lincolnshire site. Sky News has learnt that State Oil, the parent company of Prax Group, which has oilfield interests in the Shetlands and owns roughly 200 petrol stations, has been forced to…
Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among other issues. | File Pic New Delhi: Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among…
France’s Carmat files for insolvency, shares suspended Reuters Read the original article here
(Reuters) -French heart prosthesis company Carmat has filed for insolvency and requested to be placed in receivership after failing to secure emergency funding, it said on Monday. Trading in Carmat shares have been suspended at the company’s request, it said, pending a decision by the the Versailles Economic Affairs Court. Carmat, which had warned earlier…
Prohire Limited, a long-established name in the UK commercial vehicle contract hire and fleet management sector, has formally entered the initial stages of insolvency proceedings. A Notice of Intent (NOI) to appoint an administrator was filed on 27 June 2025, a move which legally protects the company from creditor action for ten business days while…