A company called 24M Technologies may have just cracked the code for faster, more efficient EV batteries, according to a recent article. The company’s new electrolyte, Eternalyte, promises to make charging an electric car four times faster than what we see today — and it’s all possible with regular charging stations, with no need for…
While Joann Fabrics locations closed across the country, disturbing reports emerged about the company’s liquidation practices. What’s happening? A Redditor visiting their local store witnessed employees discarding sewing patterns in rolling garbage cans. When asked about this practice, an employee explained that liquidators had instructed them to “keep 4 and toss the rest,” adding that…
The first liquidators report has been published after three more companies run by Jacks Point property developer Dean Franklin went into liquidation with IRD tax debts of $2.1 million and loans owed by related parties of over $8 million. Falconer Corporate Ltd, Founder Corporate Ltd and S R Corporate Ltd all entered liquidation on June…
The Supreme Court’s (SC) decision to recall its May 2 judgment that had ordered the liquidation of Bhushan Power and Steel (BPSL) is a significant positive outcome for the Insolvency and Bankruptcy Code (IBC) and the overall framework for stressed asset resolution in India. The top court’s decision to hear the case afresh on August…
The Insolvency Service has officially confirmed that Nottingham Rehab Limited and NRS Healthcare Limited are in liquidation. It follows a range of news stories reporting that NRS Healthcare, which supplies assistive technologies to the NHS and local authorities, was on the brink of going bust. Today, (1 August 2025), winding up orders were made against…
National furniture brand faces Chapter 7 bankruptcy, liquidation TheStreet Read the original article here
Harsh economic times have been cited as the reason for the liquidation of a Wanaka interior design business. Wanaka Interiors, which was incorporated in March 2022, was placed in liquidation by shareholders resolution last month. In their first report, liquidators Trevor and Emma Laing, of Laing Insolvency Specialists, said the business, owned by Celeste and…
The National Company Law Tribunal (NCLT) Hyderabad bench of Sri Rajeev Bhardwaj (Hon’ble Judicial Member) and Sri Sanjay Puri (Hon’ble Member Technical) has held that in absence of any payment received by the Corporate Debtor in a subcontracted work executed by the Operational Creditor, application under section 9 of the IBC cannot be entertained. Filing…
Bowen Coking Coal enters voluntary administration MSN Read the original article here
Bowen Coking Coal Limited (ASX:BCB), along with its subsidiaries Bowen PCI Pty Ltd and New Lenton Coal Pty Ltd, have entered receivership. Bowen Coking Coal is an Australian company focused on developing coking coal projects. The company’s portfolio includes a range of assets and strategic initiatives aimed at capitalising on the growing demand for high-quality…