79496 Following reports that purchasers of tickets for the cancelled Juicy Fest NZ and Timeless Summer Tours had been frustrated in obtaining ticket refunds, the festival promoter behind the tours has entered liquidation. Juicy Festival Limited, Timeless Events New Zealand and Timeless Events Australia Limited were placed into liquidation as of last Friday, with Blacklock…
Private-Credit Firms Expand Restructuring Teams Amid Bankruptcy Surge WSJ Read the original article here
UOB-Kay Hian Completes Voluntary Liquidation of Subsidiary TipRanks Read the original article here
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 Read the original article here
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…
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 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…
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 Read the original article here