A site plan for The Residences at Saddle Creek in Boulder. (Saddle Creek Boulder) The developer of spacious duplexes at the entrance to Boulder Canyon has declared his project bankrupt just five days before the units were to be sold at a foreclosure sale. Curtis McDonald, who co-owns the rental firm Juniper Holiday + Home,…
Winsford rogue trader left ‘gaping hole’ in victim’s Cheshire home BBC Read the original article here
Forever 21 could be a step closer to shutting down operations in the US after the brand’s operating company filed for bankruptcy protection. The firm said in a statement that its stores and website in the US will remain open as it “begins its process of winding down”. Forever 21 was once a favourite of…
Provisional judgments and illiquidity in Germany – key insights from a recent case Taylor Wessing Read the original article here
In a landmark judgment, the Supreme Court of India has upheld the resolution plan submitted by Piramal Capital and Housing Finance Limited (formerly Dewan Housing Finance Corporation Limited, or DHFL) for the insolvency resolution of DHFL, setting aside the National Company Law Appellate Tribunal’s (NCLAT) order that had partially modified the plan. The apex court’s…
Dutch musical instrument retailer Bax Music has been declared bankrupt. According to De Telegraaf, Bax Music was officially declared bankrupt today by The Netherlands’ Zeeland-West-Brabant court. The ruling reportedly comes after years of financial strain, with the company owing money to multiple investors and creditors, including the Dutch Tax Authority. The company also suffered financially…
GFG mill in Australia enters bankruptcy process Recycling Today Read the original article here
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Peter Dutton says 29,000 businesses have gone bust under the Albanese government, and he claims “Labor’s excessive regulation and interference in the economy” is to blame. While the figure is accurate, the insolvency rate is not dissimilar to what occurred under the pre-pandemic Coalition government, according to Guardian Australia analysis of public data. In the…