Imminent changes: insights and prospects for China's insolvency … – International Financial Law Review

The insolvency restructuring market in China is undergoing significant transformations in terms of legislation, judicial practice and law enforcement. The momentum of these changes accelerated notably in 2022, propelled by a combination of factors, including: The persistent macroeconomic environment; Chinas pandemic prevention and control policies; and The governments heightened emphasis on optimising the business environment.…

Dezeen Agenda features e-bike brand VanMoof going bankrupt – Dezeen

The latest edition of our weekly Dezeen Agenda newsletter features news that electric bicycle manufacturer VanMoof has been declared bankrupt in the Netherlands. Following the company’s pandemic-time boom, court-assigned administrators are now looking into whether the Dutch company could be restructured or sold so that it can continue operations in the Netherlands. Known for selling sleek high-end…

150 staff lose jobs amid $22m collapse – news.com.au

A major plumbing company has quietly collapsed into liquidation, with all 150 of its employees losing their jobs on the spot because of its demise. In March, Victorias largest privately-owned plumbing contractor Richstone Group Pty Ltd and seven related entities went into voluntary administration to urgently restructure the business. The restructuring attempt ultimately couldnt turn…

REDcycle founder says she had 'no doubt' stockpiled soft plastic would eventually be recycled – ABC News

In short: The founder of collapsed soft plastics recycler REDcycle says she always thought stockpiled soft plastic stores would be spared from landfill What’s next? Governments and major supermarkets are exploring options to deal with the 11,000 tonnes of materials left by the company The founder of failed plastic recycler REDcycle has defended continuing to collect materials in the…