The battery giant Northvolt this week began laying off employees after declaring itself bankrupt last week. What is the process in Sweden when a company goes bankrupt? Company files for bankruptcy In Sweden, the bankruptcy process begins when either the company itself or one of its creditors applies to the local court where the company…
New Delhi: India’s top business conglomerates, including JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun, and Torrent, have submitted expressions of interest (EoIs) for the assets of Jaiprakash Associates Ltd (JAL). The Adani Group is also expected to join the race before the final deadline of March 25, The Economic Times reported. The competition for…
Katie Price can “finally move on” after her she was discharged from her second bankruptcy.The former glamour model, 46, is free of her financial issues after the order – relating to an unpaid tax bill of more than £750,000 – was dissolved on Monday (17.03.25) following the discharge of a previous bankruptcy on 11 February.Katie…
Reality star Katie Price has said that both of her bankruptcies have been discharged. The former glamour model, 46, who has fronted various Channel 4 and BBC documentaries about her life, was declared bankrupt for a second time last year over an unpaid tax bill worth more than £750,000. Her first bankruptcy from 2019 was…
The ex-glamour model, 43, was declared bankrupt for the second time in 2022, and faced a significant tax debt of more than £750,000, but has now been discharged from this. Katie Price has broken her silence (Image: Getty Images) Katie Price has triumphantly marked her move beyond a second bankruptcy, pledging to forge a financially…
JAL insolvency: Adani, JSW, Vedanta among bidders for company’s Rs 17,300-crore assets MSN Read the original article here
Geelong cleaning company with $1.5m debt liquidated Geelong Advertiser Read the original article here
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies increased whilst business insolvencies declined in Northern Ireland in February 2025. The data showed that there 21 business insolvencies registered in Northern Ireland, this was 19% lower than in February 2024. The total number of company insolvencies was comprised of nine compulsory liquidations,…
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 2.9% in February 2025 to a total of 2,035 compared to January 2025’s total of 1,978, and decreased by 7% compared to February 2024’s figure of 2,188. The business insolvencies consisted of 393 compulsory…
Scottish business insolvencies increase by 10% Credit Connect Read the original article here