Liberty Steel is making a last-ditch attempt to save its plants in and around Rotherham and Sheffield from collapse. On Wednesday, a court could force Liberty’s speciality steel business to close over unpaid debts, putting 1,450 jobs at risk, unless the company wins an adjournment. Liberty Steel told the BBC that discussions continue with creditors…
New Delhi, May 25 (PTI) The insolvency appellate tribunal has directed the NCLT to promptly decide on the stay of the process of inviting Expression of Interest (EOI) regarding two Jaiprakash Associates group’s investments in Jaiprakash Power Venture and Jaypee Fertilisers & Industry. In an order on April 29, 2025, the Allahabad bench of the National…
Store closures, social distancing policies and reduced discretionary spending have placed significant pressure on retailers and shopping centres during the COVID-19 crisis. Fortunately, Australia has had one of the strongest fiscal responses globally, which has alleviated the potential severity of the crisis to date. The Australian government recently extended its key business and wage support…
Company linked to Kiwi ‘Queen of Property’ enters liquidation Stuff Read the original article here
Builder.ai founder plots potential deal to buy failed company Financial Times Read the original article here
Sam Bankman-Fried Insists ‘FTX Never Went Bankrupt,’ Market Just Panicked CCN.com Read the original article here
Three England Rugby Legends Declared Bankrupt in the Last Year – Page 3 of 3 Ruck.co.uk Read the original article here
Hospitality and construction firms continue to lead insolvency statistics, but more are keeping their doors open through restructuring schemes. Annual insolvencies have been rising across all sectors since 2022, the ASIC data showed. ASIC insolvency data as of 30 March 2025 indicate that 3,306 companies became insolvent for the first time in the first three…
Restucturing and Insolvency: Ireland’s leading practitioners give their insights on the current trends and analyse the business outlook. At RSM Ireland, there is a growing shift from traditional insolvency work to proactive, tailored advisory solutions that focus on making businesses future-fit, according to Paddy O’Connell, restructuring partner at the firm. “Historically, restructuring assignments focused on…
Actor Mukul Dev’s death at the age of 54 has left the television and film industry in shock. Apart from starring in various television shows, Mukul was also part of many films. He made his debut with a lead role in Mahesh Bhatt’s Dastak (1996). While that officially marked the beginning of his career as…