State-owned pharmaceutical company PT Indofarma has responded to its subsidiary PT Indofarma Global Mendika which was declared in default or bankrupt by the court, assuring stability of operations in the parent company and other subsidiaries. Hilda Yani, Corporate Secretary of Indofarma, said that this decision was the result of a creditor vote on the peace…
Failed Mosgiel businessman Malcolm Burns – who owes creditors millions – has finally been declared bankrupt despite a last-ditch effort to delay the decision a fourth time. Associate Judge Dale Lester declared Mr Burns bankrupt in the High Court at Dunedin on June 12 after the previous week giving him “a last chance” to pay…
Slight fall in insolvency-related activity in Portsmouth and the South East portsmouth.co.uk Read the original article here
QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the “Determination Letter”) from Nasdaq notifying the Company that…
QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the “Determination Letter”) from Nasdaq notifying the…
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Failed Mosgiel businessman Malcolm Burns has finally been declared bankrupt despite a last-ditch effort to delay the decision a fourth time. Associate Judge Dale Lester declared Mr Burns bankrupt in the High Court at Dunedin on June 12 after the previous week giving him “a last chance” to pay what his company Otago Excavation owes…
Construction director Mario Huiu failed to account for nearly £500,000 transferred out of his company’s accounts in a one-month period in 2020 Huiu also failed to verify more than £200,000 in cash receipts and explain why his Incentive Services Limited company failed with debts of over £160,000 Insolvency Service investigations have resulted in Huiu being…
Insolvency Plea Filed Against FirstCry Subsidiary GlobalBees Over Rs 65 Crore Dues BW Legal World Read the original article here
Somerset Council will go bankrupt in April 2026 without school funding reform Somerset Live Read the original article here