Hospitality dips, retail stumbles: What PwC’s new insolvency barometer reveals – Business Post
Hospitality dips, retail stumbles: What PwC’s new insolvency barometer reveals Business Post Read the original article here
The 2025 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers
Anne Marie Aaronson Dilworth Paxson Philadelphia Business Litigation, esp. Bankruptcy & Reorganization Derek C. Abbott Morris Nichols Wilmington, Del. Bankruptcy & Reorganization, esp. Litigation Jonathan E. Aberman Troutman Pepper Chicago Bankruptcy, Restructuring & Litigation Jacob A. Adlerstein Paul Weiss New York Bankruptcy & Corporate Restructuring David A. Agay McDonald Hopkins Chicago Business Restructuring Rachel Ehrlich…
Le Coq Sportif has declared bankruptcy
Le Coq Sportif, one of the oldest sports brands in France and Europe, has entered bankruptcy proceedings at the Commercial Court of Paris. This unfortunate news was announced some time ago, given the many financial problems of the brand with the Rooster, now 75% controlled by the Airesis group, which acquired the shares in 2005.…
Cle Elum declares bankruptcy over $26M debt, leaving residents in uncertainty
CLE ELUM, Wash. — The city of Cle Elum has declared bankruptcy, leaving the small Kittitas County town grappling with uncertainty about its future. The town, named by the Kittitas Tribe after the nearby “swift water,” now finds itself financially underwater. “It’s a wonderful rural town, just a wonderful place,” said Shawn Daly, a resident…
Ethics committee finds David Crisafulli failed to declare $200,000 payment to liquidators
Queensland Premier David Crisafulli failed to declare a $200,000 payout to liquidators pursuing an insolvent trading claim against him, a parliamentary committee has found. The failure of Mr Crisafulli to list the liability on his MP register of interests was “careless”, the bipartisan ethics committee found in a report tabled on Friday. But the committee…
Altice France files for Chapter 15 bankruptcy in US – Data Center Dynamics
Altice France files for Chapter 15 bankruptcy in US Data Center Dynamics Read the original article here
What Happens If a State Goes Bankrupt?
State bankruptcies became a topic of concern in 2017 when Puerto Rico, a U.S. territory, filed for bankruptcy, spotlighting the vulnerabilities in public finances. Even earlier, analysts were warning of the deteriorating financial health of various states. While no U.S. state has ever declared bankruptcy – and with the exception of Arkansas in 1933, no…
Albonomics’ delivers worst year ever for business failures
THE HON SUSSAN LEY MP DEPUTY LEADER OF THE OPPOSITION SHADOW MINISTER FOR INDUSTRY, SKILLS AND TRAINING SHADOW MINISTER FOR SMALL AND FAMILY BUSINESS SHADOW MINISTER FOR WOMEN FEDERAL MEMBER FOR FARRER The official ASIC insolvency data, updated Monday, shows there have been almost 26,000 business insolvencies since the Albanese Government was elected and confirmed November…
Solar Co. Meyer Burger Can Tap $10M DIP To Fund Ch. 11 Sale
By Clara Geoghegan · June 26, 2025, 4:46 PM EDT Swiss solar panel maker Meyer Burger’s U.S. unit secured a Delaware bankruptcy judge’s interim approval Thursday for a $10 million debtor-in-possession loan as it looks to sell two manufacturing sites in… To view the full article, register now. Read the original article here
NCLAT Fortnightly: Important orders on IBC (March 1 – March 15, 2025) – Bar and Bench
NCLAT Fortnightly: Important orders on IBC (March 1 – March 15, 2025) Bar and Bench Read the original article here