COVID-19, business insolvency issues and safe harbour protections – Corrs Chambers Westgarth
COVID-19, business insolvency issues and safe harbour protections Corrs Chambers Westgarth Read the original article here
The new Corporate Insolvency and Governance Act: Implications for the energy and infrastructure sectors | Global law firm
Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) came into force in June 2020. It introduced a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK. The overarching objective of the Act is to promote the rescue of companies in financial…
German corporate bankruptcies to surge to a decade high in 2025 – WTAQ
German corporate bankruptcies to surge to a decade high in 2025 WTAQ Read the original article here
Germany’s Bankruptcy Wave Sends Shock Ripples Through…
Germany is on course for the highest corporate insolvency count in more than a decade, raising fresh questions about the resilience of the nation’s largest listed companies — and the ETFs that track them. The latest data from Creditreform, cited by Reuters, paints a sobering picture of deepening financial strain across Europe’s biggest economy. For…
India’s Insolvency and Bankruptcy Code Faces Ten-Year Backlog Amid Frozen ₹15 Lakh Crore, ETLegalWorld
When the Insolvency and Bankruptcy Code was introduced in 2016, it replaced a fragmented web of recovery laws with a single economic logic: fast resolution would preserve value. Nearly a decade later, the Parliamentary Standing Committee on Finance has concluded that each of the Code’s core pillars, speed, certainty and creditor control, is now under…
Insolvency Wave In Germany Hits Two Equity ETFs – iShares MSCI Germany Index Fund (ARCA:EWG)
Germany is on course for the highest corporate insolvency count in more than a decade, raising fresh questions about the resilience of the nation’s largest listed companies — and the ETFs that track them. The latest data from Creditreform, cited by Reuters, paints a sobering picture of deepening financial strain across Europe’s biggest economy. For…
Vedanta shares at 52-week high after NCLT nod for ₹545 crore Incab Industries resolutiuon
Shares of Vedanta Ltd. gained as much as 2% on Thursday, December 4, to hit a 52-week high, the National Company Law Tribunal (NCLT) Kolkata gave its approval for the Anil Agarwal-owned mining conglomerate’s resolution plan for the acquisition of Incab Industries Ltd for ₹545 crore. Vedanta will acquire 100% of the paid-up capital and management…
German corporate insolvencies to reach decade-high in 2025 By Investing.com – Investing.com South Africa
German corporate insolvencies to reach decade-high in 2025 By Investing.com Investing.com South Africa Read the original article here
ASIC confirms notice of winding up and liquidation of lighting technology business Vailo
The Australian Securities and Investments Commission (ASIC) has this week issued notices of the liquidation of South Australian-based lighting company Vailo. Liquidator Robert Hutson of KordaMentha is seeking debts owed to parties including the National Australia Bank, and separately a Supreme Court order to wind up the company has been made with liquidator Robert Ferguson…
Prax Companies in Liquidation: Info for Stakeholders
On 30 June 2025, a winding-up order was made against Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited, and Prax Terminals Killingholme Limited. The court appointed the Official Receiver, Gareth Jonathan Allen, as Liquidator. Following an application made by the Official Receiver, the court has also appointed Matthew Callaghan, Andrew Johnson, Joanne Hewitt-Schembri and…