Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Artificial heart company Carmat has filed for insolvency after failing to raise the money it needed to continue operations, the company said Monday. Carmat began seeking donations in June after attempts to raise cash from…
How Abengoa Group impacted the Spanish economy EY Read the original article here
Committee to Unleash Prosperity co-founder Steve Moore discusses how President Donald Trump wants the federal government to sell $5 million ‘Gold Cards’ for U.S. residency on ‘The Bottom Line.’ A new report warns that a side effect of the Trump administration’s push to crack down on illegal immigration could further weaken Social Security’s finances and speed…
Le Coq Sportif, a future in suspense. The French rooster brand, official supplier of the Paris 2024 Olympic and Paralympic team, is staking its future this week at the economic activities court in Paris. The company, which has been undergoing bankruptcy proceedings since November , has received two rescue offers that reflect the tension between…
How Abengoa Group impacted the Spanish economy EY Read the original article here
Worst year on record for businesses unable to pay debts The Australian Read the original article here
Lindsey Oil Refinery company liquidation ‘deeply concerning’ for regional economy Grimsby Live Read the original article here
Company Insolvency Statistics, September 2024 GOV.UK Read the original article here
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When companies face financial trouble, potential job losses can be a major risk for people and—depending on the size of the company or industry in trouble—a risk to local or national economies. An efficient insolvency system can mitigate this risk while contributing to the creation of more and better jobs. As jobs are the most…