Private-Credit Firms Expand Restructuring Teams Amid Bankruptcy Surge – WSJ
Private-Credit Firms Expand Restructuring Teams Amid Bankruptcy Surge WSJ Read the original article here
UOB-Kay Hian Completes Voluntary Liquidation of Subsidiary – TipRanks
UOB-Kay Hian Completes Voluntary Liquidation of Subsidiary TipRanks Read the original article here
Austria on Course for New Record Year of Corporate Bankruptcies
9.04.2025 11:17 (Akt. 9.04.2025 11:17) Österreich ist erneut auf einem Firmenpleiten-Rekordjahr-Kurs. ©Canva (Sujet) Austria is facing its third consecutive year of record insolvencies in 2025. In the first quarter, 1,134 corporate insolvencies were recorded, representing an increase of 3.94 percent compared to the same period in the record… Read the original article here
NCLAT: Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: – Taxscan
NCLAT: Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: Taxscan Read the original article here
Hire Charges Cannot Be Calculated In CIRP Costs When Asset Is Not Used by Corporate Debtor: NCLAT New Delhi
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, consisting of Justice Ashok Bhushan (Chairperson), Barun Mitra (Member – Technical), and Arun Baroka (Member – Technical), dismissed an appeal arising from an order by the NCLT Mumbai. The tribunal held that the hire charges for the assets not used by the corporate debtor…
There is a warning sign for corporate insolvency in the Korean economy. The number of marginal compa..
사진 확대 [Photo = Yonhap News] There is a warning sign for corporate insolvency in the Korean economy. The number of marginal companies pushed to the brink of restructuring has increased compared to the global financial crisis and the COVID-19 pandemic. According to the data released by KB Kookmin, Shinhan, Hana, and Woori to the…
Joann warns customers of fake websites during liquidation: “Shop in store only”
Joann is urging customers to steer clear of fraudulent websites posing as the crafting chain’s official outlet as it continues its nationwide liquidation. The company, which filed for Chapter 11 bankruptcy and began closing its 800 stores in March, disabled all online purchases on March 5. Despite this, Joann has received multiple reports of fake…
Assets Reflected in Balance Sheet of Corporate Debtor are Part of Liquidation Estate u/s 36 of IBC
The liquidator is required by section 36(2) to hold the liquidation estate for the benefit of the creditors The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has ruled that, in accordance with Section 36 of the Insolvency and Bankruptcy Code, 2016 (Code), all assets shown on the corporate debtor’s balance sheet…
Jervois Global Enters Voluntary Administration with KPMG at Helm – TipRanks
Jervois Global Enters Voluntary Administration with KPMG at Helm TipRanks Read the original article here
Funding warning as bulk-billing clinic closes
News One of Canberra’s last fully bulk-billed clinics has entered voluntary administration after struggling to cover costs and attract enough GPs. The Interchange Health Co-operative clinic in Canberra was placed into voluntary administration this week after experiencing ‘intense pressure’. Another general practice has been forced to shut its doors…