Insolvency Guardian Media Centre
EchoStar Corp 
SATS opened a whopping 45% up on Monday following reports that President Trump has stepped in to resolve a conflict between the satellite communication company and the FCC.
According to Bloomberg, the US President has urged EchoStar to consider a deal with the regulator that could potentially end the feud over its wireless spectrum licenses.
Despite today’s surge, EchoStar is down over 20% versus its year-to-date high in late February.
Why have EchoStar and FCC been in a conflict?
In May, FCC announced an investigation to determine whether EchoStar is in breach of regulatory obligations pertaining to its wireless and satellite spectrum licenses.
Reports last week even suggested that Brendan Carr, the agency’s Chairman, has…
Read the original article here
QUEBEC CITY, Canada, June 16, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, further to its press release dated June 11, 2025, it intends on making an assignment into bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada) (the “BIA”).
After careful consideration of all available alternatives, including undertaking a strategic review which was unsuccessful in identifying a suitable acquirer or commercial partner or raising sufficient capital, as well as further to the Company having received a…
Read the original article here
28 jobs lost as historic Northumberland textile mill turned retailer enters liquidation Northumberland Gazette
Read the original article here
[SINGAPORE] Private members’ club 1880 suddenly announced its permanent closure effective Tuesday (Jun 17), with its holding company 38 Degrees and operating company 1880 Pte Ltd placed into provisional liquidation. This follows the sudden closure of its Hong Kong branch on May 30.
In an announcement to members, founder Marc Nicholson said the club and all its operations will cease immediately. “Please do not come to the premises as the doors will be locked”, he wrote.
Nicholson claimed that spend and frequency per visit of the club’s members has been trending down and that the company needed an injection and “some efficiency optimisation”.
“We had three offers to invest in or acquire 1880. Anyone of these would have…
Read the original article here
Esel’s Mwave business has been sold to the digiDirect Group following its entry into voluntary administration and plans to maintain business as usual.
Founded in 2005 by current CEO Shant Kradjian, the digiDirect Group consists of several brands, including consumer electronics retailer digiDirect, online bookstore Booktopia, and various other businesses across health and wellness, hospitality, lifestyle, and property and assets.
It also acquired library supplier James Bennett last month.
In an update shared on Mwave’s blog, the online IT retailer said it would continue trading from its Lidcombe headquarters and showroom before transferring to the group’s headquarters in South Strathfield.
Additionally,…
Read the original article here
How long does debt relief take? Herald-Review.com
Read the original article here
How long does debt relief take? Longview Daily News
Read the original article here
How long does debt relief take? Montana Standard
Read the original article here
How long does debt relief take? The Quad-City Times
Read the original article here
How long does debt relief take? The Post Star
Read the original article here
How long does debt relief take? Corvallis Gazette-Times
Read the original article here
How long does debt relief take? Star-Herald