Australia's environmental not-for-profit Planet Ark goes into voluntary administration – MSN
Australia’s environmental not-for-profit Planet Ark goes into voluntary administration MSN Read the original article here
The EU proposal for harmonisation of EU insolvency law
The European Parliament and Council have agreed on a directive to harmonize key aspects of EU insolvency law. The directive introduces targeted minimum standards aimed at reducing internal-market frictions and improving efficiency, predictability, and recoveries in cross-border cases. Once enacted, this will be among the most significant developments in EU insolvency law in recent years,…
‘I can’t even, bro’: Popular Aussie music festival slips into liquidation – The Chronicle | The Chronicle
‘I can’t even, bro’: Popular Aussie music festival slips into liquidation The Chronicle | The Chronicle Read the original article here
No Cookies | The Courier Mail
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Value City fails to attract a buyer, store liquidation to begin – The Business Journals
Value City fails to attract a buyer, store liquidation to begin The Business Journals Read the original article here
Are Things Finally Looking Up?
The breakdown by country confirms a notable dispersion (Chart 2, see details in our country focus). In the Netherlands, corporate bankruptcies are almost half their historical average, while in Sweden they are almost double that level. Two phases can be distinguished: – An initial rise from 2022. It came earlier in some countries (i.e. the…
iRobot Equity Faces Complete Wipeout in Bankruptcy Restructuring
Shares of iRobot Corporation are currently trading as a penny stock, exhibiting extreme volatility around $0.18. The company’s confirmed absence from the upcoming CES 2026 technology showcase in Las Vegas, coupled with its active Chapter 11 bankruptcy proceedings, has solidified market fears of a de facto corporate collapse. With the firm now operating under court-supervised…
NCLAT Rulings of 2025 (Part 6)
This is part 6 of the annual round-up that provides an analytical summary of the key Corporate law rulings of the National Company Law Appellate Tribunal (NCLAT) reported on Taxscan.in in 2025. Once a Case is Filed Against Borrower, Guarantor’s Case Must Go to the Same NCLT: NCLAT Says Filing Counts as Pendency, Not Just…
NCLAT Rulings of 2025 (Part 7)
Unregistered Documents Cannot Create Security Interest to Retain Title Deeds: NCLAT Dismisses Appeal Mr. V. Jaisankar vs Mr. Mahalingam Suresh Kumar CITATION : 2025 TAXSCAN (NCLAT) 333 The National Company Law Appellate Tribunal (NCLAT) has held that unregistered documents, including a Memorandum of Deposit of Title Deeds (MoDT), cannot create a valid security interest to retain…
812 insolvency appointments recorded in 2025
2025 insolvency figures represent a 7% decrease compared to 2024. The number of corporate insolvencies has remained largely consistent throughout the year – 206 in Q1,201 in Q2, 211 in Q3 and 194 in Q4. While Creditors Voluntary Liquidations (CVLs) continue to account for the majority of corporate insolvencies (535 CVLs/66% of 2025 insolvencies), there…