The owner of the Stoli vodka brand has declared its US division, as well as the Kentucky Owl American whiskey business, as bankrupt, ending a year-long battle to save the pair. In November 2024, Luxembourg-headquartered Stoli Group, owned by Russian businessman Yuri Shefler, filed for Chapter 11 bankruptcy for Stoli Group USA and Kentucky Owl. The…
Summary Company Announcement Date: January 12, 2026 FDA Publish Date: January 12, 2026 Product Type:
A fresh legal challenge has been filed in the Federal Court of Australia, continuing a long-running series of court proceedings involving the Cyprus Community of NSW and its assets, this time directed at Cyprus Community of N.S.W. (Holdings) Limited. Court documents filed in December show that Dr Costas Costa has commenced proceedings under the Corporations…
Bradford businesses among the lowest in insolvencies in the UK MSN Read the original article here
The National Company Law Tribunal (NCLT), Indore Bench, has held that a Central Goods andServices Tax (CGST) Superintendent was guilty of contempt as he did not comply with the refund directions during the moratorium The case from the Corporate Insolvency Resolution Process (CIRP) of Bhagwan Motors Pvt. Ltd in June 2019. During the moratorium, the…
Singapore disburses SG$600,000 to unpaid workers after company liquidations, minister says People Matters Global Read the original article here
The fund is meant to help employers who “truly cannot pay their salary arrears due to business failure”, Manpower Minister Tan See Leng said recently, as reported by The Business Times. People walk on the street during lunch break at Raffles Place in Singapore on January 22, 2025. Photo by AFP Firms that “willfully do…
A society or resident welfare association (RWA) has no legal right to intervene at the stage where a financial creditor seeks to trigger insolvency proceedings against a real estate developer for defaulting on its loan obligations, the Supreme Court ruled on Thursday. New Delhi, Jan 10 (ANI): A view of the Supreme Court building, the…
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REVEALED: Latest business liquidations in Hume Herald Sun Read the original article here