German corporate insolvencies to reach decade-high in 2025 By Investing.com – Investing.com Australia
German corporate insolvencies to reach decade-high in 2025 By Investing.com Investing.com Australia Read the original article here
Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months
The company will need to devote its “somewhat finite bandwidth” to restructuring in the coming weeks [SINGAPORE] Former Cathay Cineplexes operator mm2 Asia has been given a lifeline after the High Court on Dec 10 allowed the company to be shielded from creditors and legal proceedings for four months while it works out a restructuring…
NCLT Mumbai Rejects RP’s Plea To Recover ₹325 Crore Paid To Ericsson During RCom Insolvency
The National Company Law Tribunal (NCLT) at Mumbai has recently refused to order Swedish Equipment Manufacturer Ericsson India Private Limited to return nearly Rs 325 crore that was paid to it during the insolvency proceedings of Reliance Telecom Ltd and Reliance Communications Ltd, two Anil Ambani led companies undergoing corporate insolvency resolution. The payments were…
Now Into Legend, ‘Neon Genesis Evangelion’ Production Company Gainax Liquidated
Hideaki Anno’s side’s civil lawsuit for provisional seizure, bankruptcy settlement established Illustration of characters from Gainax’s representative works drawn by Shigeto Koyama The Japanese media production company Gainax has disappeared into history after completing its corporate liquidation. Gainax entered the liquidation process after filing for bankruptcy around June 2024. Gainax was one of the production…
Material Placed By Financial Creditor In Section 7 IBC Application Should Be Examined; Corporate Debtor Can’t Delay Process By Raising Moonshine Defence: Supreme Court
The Supreme Court has reiterated that the proceedings under the IBC cannot be defeated by a corporate debtor by raising a moonshine defence only to delay the process. The Apex Court further affirmed that the adjudicating authority must advert to the contentions put forth on the application filed under Section 7 of the IBC and…
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REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
REVEALED: Latest business liquidations in Bogan – dailytelegraph.com.au
REVEALED: Latest business liquidations in Bogan dailytelegraph.com.au Read the original article here