A fourth company director has been disqualified for their role in a scheme involving unauthorised banking transactions worth almost £14 million. Daryl Dylan from Dublin allowed unarranged overdrafts with Barclays Bank to be used to make transfers of more than £1.6 million from the accounts of Oldcocdt and Oldcostl in 2021. Most of…
German battery maker Varta files for insolvency Renewables Now Read the original article here
Varta files for insolvency as German battery maker’s crisis deepens Euronews.com Read the original article here
The parent company behind the renowned Varta household battery brand said on Friday that it had applied to the Stuttgart Local Court to open insolvency proceedings under self-administration. The German battery maker, based in Ellwangen, said the filing was prompted by a structural funding gap expected from 2027, rather than an immediate inability to meet…
The RIL disclosures indicate that, seven years after the RIL-JM Financial ARC consortium took control of Alok Industries through the insolvency process, the textile company has yet to turn its balance sheet around. Losses have narrowed year-on-year and operating EBITDA has turned positive by small margins, according to Alok’s own filings, but shareholder equity remains…
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‘Closing the book’: Grollo bankrupt after dispute Geelong Advertiser Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…