Press Releases 2024.12.05 Legislation Would Put Workers, Retirees Ahead of Executives During Bankruptcy Press Contact: Kara Deniz Phone: (202) 497-6610 Email: [email protected] (WASHINGTON) – The Teamsters Union commends Sen. Dick Durbin (D-Ill.) and Sen. Josh Hawley (R-Mo.) for introducing the Protecting Employees and Retirees in Business Bankruptcies Act in the U.S. Senate, which would correct abuses of…
National Company Law Appellate Tribunal Dismisses Insolvency Proceedings Plea Against HUL NDTV Profit Read the original article here
Airwork faces risk of liquidation BusinessDesk Read the original article here
SDAI Limited Provides Update on Subsidiary Liquidation with No New Developments TipRanks Read the original article here
Legal GA Development Fund faced a winding up petition from Bennett Construction, which is owed €7.8 million arising from unpaid fees The project dubbed Camden Yard was around two years away from completion before works stalled on the site last summer Read the original article here
A breakdown of the business landscape across Australia has revealed record-high insolvencies, with things expected to get worse as we enter 2025. CreditorWatch released its November Business Risk Index, with data showing insolvencies are at “record highs in number,” up 57 per cent since November 2023. Further, the average business failure and closure rate across…
Sky high lifeline for Rex Airlines ac29e265e8bf9921af1acb484deeba96 … Read the original article here
Busy Bee Airways Pvt Ltd, a company backed by EaseMyTrip co-founder Nishant Pitti and unsuccessful bidder for Go First (Mumbai International), is challenging the January 20 National Company Law Tribunal ruling allowing the liquidation of the low-cost carrier. As reported by CNBCTV 18, Busy Bee’s counsel, Apoorv Aggarwal, argues his client should be allowed to…
Data breaches and ransomware attacks in the US are increasing companies’ risk of financial losses, in many cases dragging them into bankruptcy or putting them out of business altogether. Data breaches cost companies across the world on average about $4.9 million, and nearly double that amount in the US, according to a 2024 study by…
Family’s ‘torturous’ four years of dealing with pool company Stuff Read the original article here