Corporate insolvencies in England and Wales fall in March – Financial Times
Corporate insolvencies in England and Wales fall in March Financial Times Read the original article here
IBC Weekly Round-Up [18th November To 24th November 2024] – Live Law – Indian Legal News
IBC Weekly Round-Up [18th November To 24th November 2024] Live Law – Indian Legal News Read the original article here
Make insolvency more soluble: Reforming India’s IBC process for better accountability
Bristol: Recently, Supreme Court ordered the liquidation of Jet Airways, after finding that NCLAT had disregarded its January 2023 judgment by allowing the adjustment of a ₹150 cr performance bank guarantee (PBG) against the ₹350 cr infusion requirement from the Jalan-Kalrock Consortium (JKC), the airline’s resolution applicant. The top court’s decision could affect creditors, including…
Kitchen Culture Faces Liquidation Amid Financial Struggles – TipRanks
Kitchen Culture Faces Liquidation Amid Financial Struggles TipRanks Read the original article here
Govt’s $115m at risk in solar firm’s collapse – PressReader
Govt’s $115m at risk in solar firm’s collapse PressReader Read the original article here
China Evergrande Faces Critical Hearing Amid Liquidation – TipRanks
China Evergrande Faces Critical Hearing Amid Liquidation TipRanks Read the original article here
KTM takes ‘pit stop’ as it enters voluntary administration
Troubles have been brewing at KTM for most of 2024, with the company’s financial problems well documented. The Austrian company has laid off a number of staff throughout the year, including many key executives, and only a few weeks ago set off alarm bells in the Swiss stock exchange when it forecast a loss for…
Anthony Cummings’ horse training business placed in liquidation
“I don’t believe any of that applies. I acted in good faith at all times,” Cummings said on Thursday. James Cummings has carved out a formidable record after getting his start training with grandfather Bart.Credit: Eddie Jim “The reality is the biggest debts owed by the training company were to me, my wife and my…
New Zealand’s Ticket Rocket liquidated with debts of almost $10 million
78230 The final liquidation report into the failed Fortress Information Systems Limited – which traded as Ticket Rocket and previously as Ticket Direct – has been released, showing that creditors are owed close to $10 million. With receivers first appointed to the Dunedin-based company in August 2020, liquidators were then appointed in October of that…
SolarZero in liquidation: Employees hold Auckland protest, demand BlackRock payout
“Holiday pay, notice period and contractors have not been paid … Over 160 workers have been thrown on the street,” the statement read. SolarZero workers flocked to Auckland’s CBD this afternoon in protest after the company’s shock liquidation. Photo / Dean Purcell “Eighteen months ago, as Prime Minister, Chris Hipkins welcomed BlackRock’s plans to develop…