Altman raises stakes on government scrutiny as AI advances – Axios
Altman raises stakes on government scrutiny as AI advances Axios Read the original article here
Scottish haulage company collapses with all jobs lost
Michael Reid, head of insolvency services in Scotland for MHA, has been appointed liquidator of VG Mathers Limited, based at Kintore in Aberdeenshire. VG Mathers’ fall into liquidation has resulted in the loss of all seven jobs. Colin Mathers, director of VG Mathers Limited, said: “It is with a heavy heart that we announce the…
KUSCCO’s liquidation challenged in High Court – Capital FM Kenya
NAIROBI, Kenya, Sept 2 – A challenge has been filed by Allan Mulama Advocates at the High Court in Nairobi following the gazettement of the liquidation of the Kenya Union of Savings and Credit Co-operative Union Limited (KUSCCO) this week. In her ruling, Lady Justice Rhoda Rutto certified as urgent the matter filed by RUPSA…
Pending Fraud Proceedings Cannot Prevent CIRP: NCLT Approves ₹104 Cr Consolidated Resolution Plan with 98.2% CoC Vote [Read Order] – Taxscan
Pending Fraud Proceedings Cannot Prevent CIRP: NCLT Approves ₹104 Cr Consolidated Resolution Plan with 98.2% CoC Vote [Read Order] Taxscan Read the original article here
Sale & Leaseback of Cloud Storage Particles is Financial Lease under Ind AS 116: NCLT Admits ₹1.63 Cr Insolvency Plea – Taxscan
Sale & Leaseback of Cloud Storage Particles is Financial Lease under Ind AS 116: NCLT Admits ₹1.63 Cr Insolvency Plea Taxscan Read the original article here
Jobs lost as Aberdeenshire haulage firm liquidated – TheBusinessDesk.com
Jobs lost as Aberdeenshire haulage firm liquidated TheBusinessDesk.com Read the original article here
NOIDA Cannot Levy Delay Penalty As CIRP Costs on Homebuyers And Resolution Applicant For Builder’s Default: Supreme Court
NEW DELHI: In a significant ruling addressing the treatment of statutory delay penalties under the insolvency framework, the Supreme Court of India held that time extension charges levied by the New Okhla Industrial Development Authority (NOIDA) cannot be treated as Corporate Insolvency Resolution Process (CIRP) costs or recovered from homebuyers and the incoming resolution applicant.…
REVEALED: Liquidator appointments for businesses in the Logan council area for September 3 – The Courier Mail
REVEALED: Liquidator appointments for businesses in the Logan council area for September 3 The Courier Mail Read the original article here
Will homebuyers have to pay delay penalty if developer claims insolvency? SC sets the record straight – ThePrint
Will homebuyers have to pay delay penalty if developer claims insolvency? SC sets the record straight ThePrint Read the original article here
Weiss Furniture begins liquidation sale after serving Latrobe-area customers for 107 years
When Weiss Furniture owner Dalia Dunhoff realized she was shopping for things like chairs and mattresses online, she knew it was time to take a look at the business. “Retail stores are becoming fewer and fewer as more people shop online,” Dunhoff said. “In the future, perhaps that will change again, but right now we…