Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
As the company announced on Friday, March 14, Johnson will serve as a company spokesperson for Experian’s five million consumer debt relief initiative, which will directly help 5,000 families in the state. In addition to her career as one of the top stars in women’s college basketball—and her music—Johnson is a junior business major, making her the perfect figure to help promote financial literacy.
“You know what’s bigger than basketball? Financial empowerment,” Johnson said in a new commercial. “Finances are tough, and Experian is helping the next generation pursue their dreams. That’s why I’m excited…
Jonathan Barham has joined Collas Crill as a Partner in the Global Insolvency and Corporate Disputes team.
With more than 20 years’ experience of dealing with all aspects of commercial litigation, encompassing a broad range of business, corporate, insolvency and trust disputes, Jonathan (pictured) is will also act as the local practice head of the Jersey team.
Jonathan moved to Jersey in 2020 and was admitted to the Jersey bar in 2023. A former English Solicitor and English Barrister, he also sits as a Commissioner of Appeal for Tax for the Government of Jersey.
His appointment to the firm coincides with Collas Crill Partner and former local practice head Simon Hurry’s relocation to the firm’s Cayman Islands team from…
Pioneer Channel Factory, a Mumbai-based company, has filed for the initiation of its Corporate Insolvency Resolution Process (CIRP) under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted the petition and ordered the commencement of the CIRP.
Background of the case
Pioneer Channel Factory Private Limited, incorporated in 1994, was engaged in the business of broadcasting through agreements with Entertainment Television Network Private Limited and Lambas Entertainment Ltd. These companies held the broadcast airtime distribution rights for satellite music channels MTunes and Music Xpress. However, the non-renewal of uplinking and downlinking…
Hanumakonda: Once a nondescript hamlet in Telangana’s Hanumakonda village – roughly 140 km from Hyderabad – Kummarigudem has earned global recognition now. The reason: tins of ghee from here are shipped out to homes across the US and UK every month. This despite its premium pricing. A tin of ghee procured from a seller in this tiny village costs a steep Rs 3,000 per litre – at least four to five times more than the average cost of other commercially available ghee brands. Its USP: Superior quality, sourced from the ‘Giri’ breed of cows. Locals say that at least 30 litres to 35 litres of milk is used to eventually churn out one litre of ghee. The usual ratio is 20:1. “Every two months, we send three to four litres of ghee to my…
Danish electrolyser maker Green Hydrogen Systems plans to file for insolvency after failing to secure additional financing.
The company revealed on Sunday (March 9) that it would file for in-court restructuring on Monday (March 10) to assess survival options, including asset sales.
Green Hydrogen Systems has struggled to stay afloat since last October, when it launched a drastic restructuring plan to slash costs by up to 50%.
The company warned that it could exhaust its cash reserves by H1 2025, estimating restructuring costs at up to DKK 230m ($33.5m) and planning a rights issue of DKK 300m ($43.7m).
ATLANTA, Ga. (Atlanta News First) – The tax filing deadline is Tuesday, April 15, and while the IRS won’t be calling to remind you, scam robocalls certainly will.
A surge of fraudulent calls is targeting taxpayers, falsely claiming that a new federal program will eliminate their tax debt.
Scammers and debt relief companies use robocalls to trick people into paying for services they don’t need. Atlanta News First Investigates recently received this voicemail:
Don’t fall for it. Robocalls often connect to tax debt relief companies charging thousands of dollars for services you can access for free or at a much lower cost.
The NCLAT upheld the decision of the Adjudicating Authority stating that the appellants had failed to exercise due diligence on protecting their rights with the prescribed timelines.
The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed the appeals filed under Section 61 of Insolvency and Bankruptcy Code 2016 due to failure of appellant to exercise due diligence on protecting their rights with the prescribed timelines. It was observed that an approved resolution plan cannot be reopened based on belatedly agitated claims.
