Corporate insolvencies to rise 5% worldwide in 2026

Allianz Trade company building pictured Unterfoehring. Andreas Gebert/dpa Corporate insolvencies are set to rise worldwide by 5% next year, which would be the fifth consecutive increase, according to a forecast by international insurance company Allianz Trade. In Germany, insolvency activity is expected to remain at 24,500 cases, representing a slight increase of 1%, making it…

NCLT Ahmedabad admits BluSmart subsidiary to CIRP over unpaid Google Maps services

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has admitted a plea by Lepton Software Export and Research Pvt. Ltd to initiate insolvency proceedings against BluSmart Mobility Tech Pvt. Ltd., a subsidiary of Blu-Smart Mobility Limited (parent company) which is already undergoing the Corporate Insolvency Resolution Process (CIRP) [Lepton Software Export Vs Blu Smart Mobility…

AMSC ASA Announces Liquidation Dividend Distribution

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. American Shipping Company ASA ( (ASCJF) ) has provided an update. American Shipping Company ASA, currently under liquidation, announced a liquidation dividend distribution of NOK 1.481 per…

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