Global insolvencies to peak in 2026 amid trade shifts: Allianz – Insurance Business America
Global insolvencies to peak in 2026 amid trade shifts: Allianz Insurance Business America Read the original article here
BluSmart tech arm pushed into insolvency over Google Maps bill
The National Company Law Tribunal (NCLT) in Ahmedabad has admitted BluSmart Mobility Tech Private Limited, the technology arm of the electric taxi fleet operator BluSmart, into corporate insolvency. The order was passed on October 14, 2025, on a petition filed by one of its software vendors. The tribunal’s decision came on an application filed by…
Fashion, Footwear Firms Hold Steady Despite US Corporate Bankruptcy Rise in Q3
U.S. fashion and footwear firms are in good shape, compared with other categories when it comes to corporate bankruptcies. Thus far in 2025, there’s been just two fashion firm bankruptcies with liabilities over $1 billion — Claire’s Holdings LLC in August and Forever 21’s U.S. store operator and brand licensee F21 OpCo LLC in March…
Minutes from Extraordinary General Meeting
FORNEBU, Norway, Oct. 17, 2025 /PRNewswire/ — An extraordinary general meeting of Aker Carbon Capture ASA (under liquidation) (the “Company”) was held today as a digital meeting with online participation. All resolutions were made in accordance with the proposals set out in the meeting notice published on 29 September 2025. The general meeting resolved to approve…
Project-wise insolvency in real estate may get statutory backing in new IBC draft bill – Moneycontrol
Project-wise insolvency in real estate may get statutory backing in new IBC draft bill Moneycontrol Read the original article here
NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]
The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the Section 7 Insolvency and Bankruptcy Code,2016 (“I&B Code”) petition filed by the petitioner for Rs 6.49 crore, holding that the default occurred before the COVID-19 moratorium. The Tribunal rejected the limitation and Section 10A objections and appointed Mr Santanu T. Ray as Interim…
Global insolvencies to peak in 2026 amid trade shifts – Allianz – Insurance Business America
Global insolvencies to peak in 2026 amid trade shifts – Allianz Insurance Business America Read the original article here
Select Committee on Insolvency and Bankruptcy Code Amendment Bill invites suggestions
ANI | Updated: Oct 21, 2025 20:08 IST New Delhi [India], October 21 (ANI): The Select Committee on Insolvency and Bankruptcy Code (Amendment) Bill, 2025, headed by MP Baijayant Panda, has invited views and suggestions on the Bill from experts, industry associations, organisations, and stakeholders, according to an official statement. People can send their memoranda…
Rex Airlines is bought by US company in surprise deal – what it could mean for flight prices
By JACK GRAMENZ FOR AUSTRALIAN ASSOCIATED PRESS and CAITLIN POWELL – NEWS REPORTER Published: 00:48 AEDT, 22 October 2025 | Updated: 01:02 AEDT, 22 October 2025 Regional airline Rex has a US buyer, administrators have confirmed more than a year after the airline entered voluntary administration. An announcement on Tuesday evening revealed Air T – which…
Popular Japanese restaurant endorsed by high-profile MasterChef star collapses owing $280,000
A high-end Japanese restaurant in Melbourne has suddenly closed permanently after its parent company collapsed, owing tens of thousands of dollars. Shoya Melbourne, tucked away on Market Lane in the city’s CBD, said it was temporarily closing on September 28 for major renovations. But last week, the restaurant shared a sobering message on social media…