Late registration of charges after liquidation

The High Court of Northern Ireland has reaffirmed the strict consequences of failing to register a charge within the statutory 21-day period under the Companies Act 2006, particularly where liquidation intervenes. Key facts A lender advanced £500,000 secured by a charge over company property. Although an application to register the charge was initially submitted in…

Satsuma Bitcoin Liquidation Signals End of Treasury Era

When Satsuma Technology PLC raised £163.6 million ($217.6 million) through a convertible note round in August 2025, it looked like one of the UK’s boldest bets on the corporate bitcoin treasury model. Less than a year later, shareholders have voted to sell what’s left, cancel the company’s London Stock Exchange listing, and wind the whole…

Nacon’s Financial Crisis #1: Midgar Studio Closes… What’s Next for ‘Edge of Memories’?

French RPG developer Midgar Studio is shutting down following a court-ordered liquidation. As the financial woes of its parent company, Nacon, spread to its subsidiaries, this marks the second studio closure following Spiders. The future of the upcoming title ‘Edge of Memories,’ slated for release this year, has also become uncertain. ©Midgar Studio Midgar Studio…

Will surge in German business bankruptcies hit growth?

How bad are Germany’s economic problems? One commonly used indicator is the number of company insolvencies and recent figures have produced worrying headlines. According to a study by the Halle Institute for Economic Research (IWH), the insolvency rate among partnerships and corporations in Germany was 80% higher in June than in an average June between…