By Linh Le  March 10, 2025 | 02:42 am PT Actor Vinci Wong has been declared bankrupt by the Hong Kong High Court after a credit firm accused him of failing to repay an unsecured loan totaling HK$2.8 million (US$360,487). Hong Kong actor Vinci Wong. Photo from Wong’s Instagram According to The Star, Wong was…
Small businesses struggling in Australia’s sluggish economy continue to fight an uphill battle in 2025, as data shows late payments to small and medium-sized enterprises (SMEs) have surged to their highest level in four years, choking their finances and in some cases triggering bankruptcy. Larger businesses are taking longer to pay small businesses, dragging out…
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Business podcaster Matt Haycox declared bankrupt for second time The Times Read the original article here
Mervyn King was once one of the top players on the world darts circuit. Playing for the British Darts Organisation (BDO) and later the Professional Darts Corporation (PDC), he rubbed shoulders with some of the greats of his era. However, ‘The King’ now wants to warn younger players about the need to be financially responsible…
Two of the men behind the £237 million London Capital & Finance investment fraud have been made bankrupt. Spencer Golding and John Russell-Murphy were among five individuals that a High Court judge late last year found liable for hundreds of millions of pounds in damages after LCF was ruled to be a Ponzi scheme. Notices…
Sphere Revolutionized Concerts, So Why Might It Go Bankrupt? MSN Read the original article here
A businessman whose podcast has featured a former England rugby captain, the Duchess of York and an ex Conservative minister has been made bankrupt for a second time. A High Court bankruptcy petition was filed against Matt Haycox, a self-styled investor, mentor and philanthropist, by the administrators of an insolvent peer-to-peer lender in January. Haycox,…
Volocopter GmbH, a pioneer in the field of urban air mobility, is facing an uncertain future. On December 26, 2024, the company filed an application with the Karlsruhe District Court to open insolvency proceedings, which have now been officially initiated. Despite these financial turbulences, Volocopter continues to focus on successful restructuring and the continuation of…
How AI can transform insolvency in digital age Business Daily Read the original article here