It’s been a rough year for the trucking industry following the red-hot market conditions of late 2020 and 2021. Since the beginning of the year, spot rates have declined by 27.6%, according to the FreightWaves National Truckload Index. On the contract market, which comprises a larger chunk of the trucking industry, the rate to move…
KTM is going through an extremely difficult period. The leading European motorcycle manufacturer has today filed for insolvency at the court of Ried in Upper Austria, initiating a restructuring procedure under judicial supervision. The company failed to pay off its debt 1,8 billion euros towards approximately 2.500 creditors. The total debt of the company and its…
(PDF) The Role of Insolvency Tests: Implications for Indian Insolvency Law ResearchGate Read the original article here
German company Flight Design, manufacturer of the CTLS and F2 range of aircraft, has filed for bankruptcy in a German court. The company filed papers on 3 December, claiming a six-figure debt and outstanding disputed payments have led to a liquidity issue. The court appointed lawyer Marcello Di Stefano as provisional insolvency administrator, who believes…
Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/nclat-restores-ifin-s-claim-in-attivo-with-39-vote-share-in-lenders-panel-125011700338_1.html” on this server. Reference #18.bef23717.1737094972.500c4f6 https://errors.edgesuite.net/18.bef23717.1737094972.500c4f6 Read the original article here
Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/downfall-of-byju-s-india-s-hot-edutech-startup-wipes-out-us-debtholders-125011600126_1.html” on this server. Reference #18.bef23717.1737093883.4f50010 https://errors.edgesuite.net/18.bef23717.1737093883.4f50010 Read the original article here
On Wednesday, I reported that 26,000 businesses have fallen into insolvency since the 2022 election, including a record 12,405 insolvencies this calendar year. Data from the Australian Financial Security Authority (AFSA) shows there were 11,644 personal insolvencies nationwide in 2023-24. ASFA expects personal insolvencies to rise by 15% to 13,400 in the current financial year…
Posted in: Bandai, Collectibles, Comics, Comics Publishers, Current News, Dark Horse Comics, Diamond Select Toys, Dynamite, Funko, Hasbro, IDW, Image, Marvel Comics, McFarlane Toys, Titan | Tagged: diamond, Penguin The top thirty companies Diamond owed money to when it went bankrupt, from Penguin to Bandai, Todd McFarlane to Hasbro, Funko to Udon Published Wed, 15…
Xpeng CEO says some Chinese car brands could go bankrupt in a few years TechNave Read the original article here
John Barnes, the former Liverpool and England winger, has insisted that his bankruptcy is due to a “tax oversight” which he is now dealing with. Barnes was declared bankrupt by a Liverpool insolvency court last week, days after being dismissed as manager of the League One club Tranmere Rovers. He was declared insolvent and will…