Solar Mosaic Plans Bankruptcy Filing as Clean-Energy Woes Mount – Bloomberg.com
Solar Mosaic Plans Bankruptcy Filing as Clean-Energy Woes Mount Bloomberg.com Read the original article here
Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" – Sustainable Bus
Ebusco is still on the brink of insolvency due to “overdue payables exceeding its available liquidity” Sustainable Bus Read the original article here
Brazilian Airline Azul Criticized Bankruptcy But Failed to Avoid It
(Bloomberg) — Even as the Brazilian airline Azul SA struggled with exchange rate pressures and the lingering effects of the pandemic, top executives insisted they would do whatever they could to avoid filing for bankruptcy. “The ones who benefit from a Chapter 11 process are not the partners — it’s the lawyers, the advisers,” the…
This Bankrupt AI Startup Was More Artificial Than Intelligent
It turns out Builder.ai was more artificial than intelligent. The $1.5 billion artificial intelligence (AI) company backed by Microsoft Corp. recently shuttered operations after its neural network was exposed to actually be 700 engineers in India. Builder.ai, which has begun formal bankruptcy proceedings in jurisdictions where it operated, including India, the U.K., and the U.S.,…
Half of boroughs could go bankrupt over rising Send costs, warns London Councils
London Councils forecasts that boroughs’ deficits for Send provision will total £500m by the end of 2026/27 Photo by Kenny Eliason on Unsplash Almost half of London’s local authorities are at “heightened risk” of bankruptcy because of insufficient schools funding from the government, according to London Councils. The cross-party group, which acts as a representative…
Katie Price no-show at court over bankruptcy-related debts
Barrister Darragh Connell, representing trustees, told the specialist court she has not paid the arranged £12,500 a month. Mr Connell asked Insolvency and Companies Court Judge Sebastian Prentis to make an income payments order, which means money would go from any salary towards Price’s outstanding debt. The order relates to 10 companies. However, the judge…
Bankrupt Liverpool councillor urged to resign
The Big Help Group says it has gone into administration Dan Haygarth Liverpool Daily Post Editor and Regeneration Reporter 13:53, 08 Jun 2025 Cllr Colette Goulding A Liverpool councillor linked to a troubled charity and business group is facing a call to resign after she was declared bankrupt. Cllr Colette Goulding, a Labour representative for…
Public relations firm Redhouse Group goes under over mounting debts – Daily Nation
Public relations firm Redhouse Group goes under over mounting debts Daily Nation Read the original article here
Vegan full-service chain Planta goes bankrupt
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Planta, a vegan full-service chain with restaurants in six states, as well as Washington, D.C., and Toronto, Canada, has filed for Chapter 11 bankruptcy protections, court records show. The chain’s menu adapts traditional meat dishes,…
Brescia fans furious at Cellino as bankruptcy imminent for 114-year-old club
BRESCIA, ITALY – FEBRUARY 09: Brescia Calcio President Massimo Cellino looks on during the Serie A match between Brescia Calcio and Udinese Calcio at Stadio Mario Rigamonti on February 9, 2020 in Brescia, Italy. (Photo by Emilio Andreoli/Getty Images) Brescia fans are in uproar after patron Massimo Cellino failed to cover outstanding debts, so…