Guard Therapeutics International AB (publ) (“Guard Therapeutics” or the “Company”) hereby provides a status update regarding the strategic review that the Company announced through a press release on 4 December 2025. The review, which includes an exploration of potential strategic alternatives, including the identification of potential counterparties for a merger or a reverse takeover (RTO),…
Around 640 jobs in 20 counties are at risk as the company that operates the EuroGiant chain of discount stores has entered liquidation. It announced the appointment of liquidators on Wednesday. Stores are continuing to trade for the moment, but there are concerns for the 640 jobs in the 77 stores across Ireland. A spokesperson…
An Isle of Wight business has gone into liquidation, bringing an end to more than four decades of trading on the Island. Newport-based Wight Business Services (WBS), located on Daish Way, ceased operations earlier this week. A notice at the premises confirms the company is now in the hands of the official receiver. The building…
New Delhi: In a relief to the ED, the National Company Law Tribunal (NCLT), New Delhi, has recalled the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Alchemist Limited, holding that the insolvency proceedings were vitiated by fraud, collusion and malicious intent, a statement said on Thursday. The order was pronounced on Wednesday, with the…
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An iconic American whiskey brand is teetering on the brink of Chapter 7 liquidation, which would force the sale of its vast vineyards and real estate portfolio. The brand’s financial woes center on a $108 million lawsuit filed by its creditor, Farm Credit Mid-America, which alleges it is owed the staggering sum. But, amid that…
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Corporate insolvencies set to rise again in 2026 as interest rate risks linger: Coface Insurance Business Read the original article here
Germany enters 2026 with a different mindset and a new focus on restructuring. StaRUG (Stabilisierungs- und Restrukturierungsrahmen für Unternehmen), the country’s principal restructuring framework, has emerged as a flexible route for German corporates and stressed sectors looking for a pre-insolvency tool that can redesign balance sheets to rescue viable distressed companies and preserve value. In…
New Delhi, Feb 5 In a relief to the ED, the National Company Law Tribunal (NCLT), New Delhi, has recalled the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Alchemist Limited, holding that the insolvency proceedings were vitiated by fraud, collusion and malicious intent, a statement said on Thursday. The order was pronounced on Wednesday,…