How The Billionaire Ski Club ‘Yellowstone Club’ Went Bankrupt – Unofficial Networks
How The Billionaire Ski Club ‘Yellowstone Club’ Went Bankrupt Unofficial Networks Read the original article here
Direct-to-consumer MTB brand YT faces insolvency
File photo. YT Industries announced that the company is entering into a “self-administrated legal restructure” after struggling to secure additional funding. The direct-to-consumer German mountain bike brand was founded by Markus Flossman in 2008 with a focus on providing hard-hitting, quality mountain bikes at affordable prices, for young riders in particular. Flossman provided an update…
10-acre land of Landmark Housing Projects up for e-auction
The liquidator of Landmark Housing Projects Chennai Pvt Ltd has invited bids for the e-auction of the company’s prime land parcels measuring approximately 9.8 acres in Sholinganallur, Chennai, as part of the corporate insolvency process under the Insolvency and Bankruptcy Code (IBC), 2016. The combined reserve price for the properties has been fixed at Rs…
Zapak Mobile Games to face insolvency proceedings
The Mumbai Bench of the National Company Law Tribunal (NCLT) has admitted an application filed by Reliance Net Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Zapak Mobile Games Private Limited, initiating the Corporate Insolvency Resolution Process (CIRP) against the mobile gaming company. The order was pronounced today, July 14, 2025.…
YT Industries Begins Restructuring Under Self-Administration – Pinkbike
YT Industries Begins Restructuring Under Self-Administration Pinkbike Read the original article here
Insolvency Service launches ambitious strategy to tackle economic crime and improve corporate standards
The Insolvency Service’s new investigation and enforcement strategy will see the agency play a leading role in tackling economic crime and improving corporate standards Over the next five years, the agency will prosecute a wider range of offences, increase enforcement against companies acting against the public interest, and recover proceeds of crime The Insolvency Service…
The Airline That Went Bankrupt Twice Is Now America’s Largest
American Airlines is proof that failure isn’t final. First founded almost a hundred years ago, in 1926 as American Airways, the company that we know today as American Airlines was created as a merger of more than 80 small air carriers in 1930. The airline revolutionized commercial aviation with early innovations like operating the iconic…
Insolvency is not the end: Here’s what I’ve learned from mine – EU-Startups
Insolvency is not the end: Here’s what I’ve learned from mine EU-Startups Read the original article here
Darren Campbell: Ballymena ‘brand builder’ who went bankrupt hints at comeback after 70-day break in Bali
Controversial Ballymena businessman (34) travelled to island ‘on advice of AI’ and now claims to have found true self Darren Campbell A controversial businessman who racked up more than £450,000 debts before his company was liquidated earlier this year has hinted at a comeback. Darren Campbell indicated he would be returning thanks to the advice…
Ransomware and data extortion attacks in…
This article was written in partnership with Daniel Woodhouse, Wouter Veugelen, Cameron Morse and Natasha Passley of FTI Consulting. Ransomware and data extortion attacks are unfortunately becoming increasingly common (see for example, high-profile attacks on Canva[1], Latitude Financial[2] and recently the Legal Practice Board of Western Australia).[3] These attacks typically involve a party (commonly referred to as…