Intersport Spain seeks voluntary administration to ensure business continuity
Translated by Nazia BIBI KEENOO Published February 27, 2025 … Read the original article here
Is Strategy on the Brink of Forced Bitcoin Liquidation?
Is forced liquidation looming for Bitcoin’s biggest corporate believer? Strategy’s stock is crumbling, Bitcoin is struggling, and debt is piling up. Could the company’s aggressive strategy backfire? Forced liquidation fears explode For months, Strategy (formerly MicroStrategy) had been riding high, propelled by Bitcoin’s (BTC) relentless rally and renewed optimism in crypto markets following pro-crypto Donald…
B. Riley Secures $160M Oaktree Financing, Joins $2B JOANN Liquidation Venture
Retires Nomura Senior Secured Credit Facility Makes Strategic Investment and Loan in Joint Venture Overseeing JOANN’s Liquidation LOS ANGELES, Feb. 27, 2025 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a diversified financial services company, today announced that it has entered into a new $160 million senior secured debt facility…
Melbourne freight operation winds up, liquidator now appointed
ARVA Transport and Logistics director Gus Arief. Image: ARVA Freight Arva Investments, trading as Melbourne-based ARVA Transport and Logistics and ARVA Freight, has gone into liquidation with its creditors facing an uncertain future. According to an ASIC notice published this week, at a general meeting of the company members on Wednesday, February 25,…
Evergrande liquidators seek court guidance to streamline wind up – The Malaysian Reserve
Evergrande liquidators seek court guidance to streamline wind up The Malaysian Reserve Read the original article here
NCLAT sets aside insolvency proceedings against Coffee Day Enterprises – Industry News
The National Company Law Appellate Tribunal (NCLAT), Chennai, on Thursday set aside the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Cafe Coffee Day. In a regulatory filing, the company said, “…today the Hon’ble National Company Law Appellate Tribunal, Chennai, pronounced the order allowing the appeal filed by the Company and…
NCLAT sets aside insolvency proceedings against Coffee Day Enterprises – Industry News
The National Company Law Appellate Tribunal (NCLAT), Chennai, on Thursday set aside the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Cafe Coffee Day. In a regulatory filing, the company said, “…today the Hon’ble National Company Law Appellate Tribunal, Chennai, pronounced the order allowing the appeal filed by the Company and…
Japan: bankruptcy number 2024 | Statista
In 2024, the number of bankruptcies of companies in Japan amounted to around 10 thousand,reaching a decade high. The number of bankruptcies rose by 15.14 percent compared to the previous year. The total liabilities of the bankrupt companies amounted to over two trillion yen. Read the original article here
New Look closures: Full list of 26 stores as liquidation begins
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails About 350 jobs are expected to go across 26 stores as the Irish branch of fashion retailer New Look enters…
NCLAT overturns insolvency process against Coffee Day Enterprises Limited, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) Chennai has allowed the appeal filed by the Coffee Day Enterprises Limited (CDEL) and set aside the proceedings of Corporate Insolvency Resolution Process (CIRP) initiated against the Company as per the National Company Law Tribunal (NCLT) Bangalore. The matter stems out from IDBI Trusteeship Limited (ITSL) filing the…