Here's how True Value went bankrupt – Crain's Chicago Business
Here’s how True Value went bankrupt Crain’s Chicago Business Read the original article here
Revealed: Dubai housewife Malaikah Raja who flaunts her lavish lifestyle on social media and claims she is given a £25,000 monthly allowance is being bankrolled by her conman husband who fled the UK after being made bankrupt
A Dubai housewife who flaunts her lavish lifestyle on social media is being bankrolled by her conman husband who fled the UK after being made bankrupt, MailOnline can reveal. Malaikah Raja has more than 1.5 million social media followers and regularly posts videos of her driving around in a brand-new pink Mercedes G-Wagon, shopping for…
Hero Electric enters insolvency process following Metro Tyres’ petition over unpaid dues
Hero Electric, a once leading Indian electric two-wheeler manufacturer, has been admitted to insolvency proceedings following a petition filed by Metro Tyres over unpaid dues amounting to Rs 1.85 crore. A Delhi bench of the National Company Law Tribunal (NCLT) initiated the process under the provisions of India’s Insolvency and Bankruptcy Code (IBC), suspending Hero…
Fernandes Guitars files for bankruptcy, says it’s “become impossible to continue doing business”
Since 1969, Fernandes Guitars has slowly made asserted itself as a go-to provider for budget import guitars. However, the Japanese company has announced that it has filed for bankruptcy. The company, best known for its lines of Fender and Gibson replica guitars and Sustainer electric guitar pickup, shared the news on 13 July. The company…
Top Companies That Went Bankrupt
The year 2024 witnessed a severe economic downturn, culminating in the filing for bankruptcy of a plethora of top-notch companies. Here’s a sneak peek at some of the prominent ones. 1. Spirit Airlines Spirit Airlines, the largest US budget carrier filed a Chapter 11 bankruptcy (a legal process that allows a business to reorganise its…
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The Great Liquidation: Why are so many businesses going under right now? – The Press
The Great Liquidation: Why are so many businesses going under right now? The Press Read the original article here
Reliance acquires Karkinos Healthcare for Rs 375 crore
Karkinos was incorporated in India on July 24, 2020, and is in the business of providing technology-driven innovative solutions for the early detection, diagnosis, and management of cancer. It had a turnover of about Rs 22 crore in the 2022-23 fiscal. Last Updated : 28 December 2024, 09:01 IST Read the original article here
Singapore oil mogul declared bankrupt after empire collapsed
(Dec 28): Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte Ltd and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec 19, the…
Former Hin Leong tycoon Lim Oon Kuin and children declared bankrupt
Former oil tycoon Lim Oon Kuin, widely known as OK Lim, and his two children, have been declared bankrupt. The bankruptcy order, made effective on 19 December 2023, was announced in the government gazette on 27 December. The decision follows the family’s consent in September to a judgment of US$3.5 billion (S$4.7 billion) being entered…