Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 7.9% to 2,238 in May 2025. when compared to April 2025 (2,074) and 15% higher than the same month in the previous year (1,946 in May 2024). The insolvencies consisted of 354 compulsory liquidations,…
GVK Power & Infrastructure Reports Q1 Results Amid Corporate Insolvency Resolution Process scanx.trade Read the original article here
Ansal Properties’ Creditors Approve Key Appointments Amid Insolvency Process scanx.trade Read the original article here
Amendment to the Insolvency and Bankruptcy Code (IBC) The proposed amendment to the IBC aims to enhance the efficiency and governance of insolvency processes while aligning with international best practices. The amendment seeks to address various challenges faced by the current framework. Key Objectives Reduce procedural delays and maximize stakeholder value. Introduce out-of-court mechanisms for…
Starting a business, insolvency cited as key EoDB sticking points BusinessWorld – BusinessWorld Online Read the original article here
Another business linked to Christchurch property developer Andrew Bendemski has folded, leaving a string of connected companies owing at least $35 million to creditors. Among failed projects was a Wanaka development with consent to build about 60 townhouses near the lake waterfront, which went to mortgagee sale last year. This was owned by Stoney Creek…
Wia dis foto come from, Andrew Harnik/Getty Images 5 October 2025 Di Trump administration dey offer unaccompanied migrant children $2,500 to voluntarily comot from di United States, according to one letter wey dem send to migrant shelters, wey Reuters see. Officials of Immigration and Customs Enforcement (Ice) under di Department of Homeland Security (DHS) confam…
Restructuring experts, Begbies Traynor, said its team was preparing to “move the company into liquidation” in the latest update since the £250 million London contractor entered administration in October 2023, after close to 40 years of trading. More than 300 people were employed at Michael J. Lonsdale (Lonsdale) when it collapsed, buckling under several pressures at…
7 well-known companies that filed for bankruptcy this year qz.com Read the original article here
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