Northvolt, the Swedish battery manufacturer with plans to build a $7-billion factory in Quebec, has declared bankruptcy in Sweden. The company said in a media release that the decision to declare bankruptcy was taken after “an exhaustive effort to explore all available means to secure a viable financial and operational future for the company.” Northvolt…
Reality star Katie Price has said that both of her bankruptcies have been discharged. The former glamour model, 46, who has fronted various Channel 4 and BBC documentaries about her life, was declared bankrupt for a second time last year over an unpaid tax bill worth more than £750,000. Her first bankruptcy from 2019 was…
Reality star Katie Price has said that both of her bankruptcies have been discharged. The former glamour model, 46, who has fronted various Channel 4 and BBC documentaries about her life, was declared bankrupt for a second time last year over an unpaid tax bill worth more than £750,000. Her first bankruptcy from 2019 was…
By Chart Riggall · March 18, 2025, 5:34 PM EDT The bankruptcy trustee of failed fuel distributor Mountain Express Oil Co. has filed a second lawsuit over its alleged financial mismanagement, accusing its former top executives of using a host of… To view the full article, register now. Read the original article here
ACT leads business insolvencies in surprise figures The Canberra Times Read the original article here
[Editor’s Note: This article will continue to be updated as the CCAA creditor protection proceedings for Hudson’s Bay progresses. Last update: March 18, 2025.] Canada’s oldest retailer and one of its most-storied companies, the Hudson’s Bay Company, is insolvent. It’s a stunning turn of events for a company that is so deeply ingrained in Canada’a…
New Delhi: JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun and Torrent are among the top business groups that have submitted expressions of interest (EoIs) for Jaiprakash Associates Ltd (JAL), which will go under the hammer in a court-monitored insolvency proceeding, according to people aware of the matter. The Adani Group is also expected to…
Ola electric subsidiary faces insolvency plea over payment default MSN Read the original article here
Insolvency-related activity increases across Portsmouth and South East region Portsmouth News Read the original article here
The latest company insolvency statistics, published today (18 March), show accommodation and food services insolvencies also rose 3% when compared to the same month last year (January 2024: 265 insolvencies). However, in the 12 months to January 2025 insolvencies fell 7%, from 3,747 to 3,474. Commenting on the figures, Saxon Moseley, partner and head of…