An iconic American whiskey brand is teetering on the brink of Chapter 7 liquidation, which would force the sale of its vast vineyards and real estate portfolio. The brand’s financial woes center on a $108 million lawsuit filed by its creditor, Farm Credit Mid-America, which alleges it is owed the staggering sum. But, amid that…
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Corporate insolvencies set to rise again in 2026 as interest rate risks linger: Coface Insurance Business Read the original article here
Germany enters 2026 with a different mindset and a new focus on restructuring. StaRUG (Stabilisierungs- und Restrukturierungsrahmen für Unternehmen), the country’s principal restructuring framework, has emerged as a flexible route for German corporates and stressed sectors looking for a pre-insolvency tool that can redesign balance sheets to rescue viable distressed companies and preserve value. In…
New Delhi, Feb 5 In a relief to the ED, the National Company Law Tribunal (NCLT), New Delhi, has recalled the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Alchemist Limited, holding that the insolvency proceedings were vitiated by fraud, collusion and malicious intent, a statement said on Thursday. The order was pronounced on Wednesday,…
An iconic American whiskey brand is teetering on the brink of Chapter 7 liquidation, which would force the sale of its vast vineyards and real estate portfolio. While in receivership, Uncle Nearest Inc. has also been caught in a bitter battle between its founders and one of its major creditors. The brand’s financial woes center…
Economy & Nation Business This Week Moneylife Digital Team 30 January 2026 India’s resale housing market has shifted from a fallback to a primary buying channel, driven by affordability constraints and the premiumisation of new launches. Resale homes, often in established neighbourhoods, attract… Read the original article here
The director of a Greater Manchester signage and graphics business has been disqualified after overstating turnover to gain the maximum Bounce Back Loan during the Covid-19 pandemic. Rebecca Murray, now Rebecca Rathmill, was the sole director and majority shareholder at Bury Signs Limited. The Insolvency Service report into her conduct found that she caused Bury…
Jaiprakash Associates Discloses ₹55,357.39 Crore Outstanding Debt in January 2026 Filing scanx.trade Read the original article here
The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US An iconic American whiskey brand is teetering on the brink of Chapter 7 liquidation, which would force the sale…