Homeplus union accuses MBK Partners of seeking to liquidate the company – CHOSUNBIZ 조선비즈
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.
This can be done through the following steps:
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2. Choose “App Settings” from the menu
3. Turn on the option “Links Open Externally” (This will use…
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Court freezes Qartaba property assets The Australian
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A Total Of 5,272 Youths Declared Bankrupt Since 2020 bernama
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Once hyped as a potential cornerstone for an expanded European battery industry, Swedish battery maker Northvolt on Wednesday announced that it was filing for bankruptcy in its home country.
“Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand,” the company said in a press release. “Further to this backdrop, the company has faced significant internal challenges in its ramp-up of production.”
Rendering of Northvolt Six battery factory in Quebec, Canada
In recent months, Northvolt…
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Youth bankruptcy soars: 5,272 under 34 hit by insolvency New Straits Times
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A TOTAL of 5,272 youths under the age of 34 have been declared bankrupt between 2020 and the present, revealed Youth and Sports Minister, Hannah Yeoh.
Of this total, 5,189 individuals were aged between 25 and 34, while 83 others were under 25. The increasing trend of youth bankruptcies is concerning, with 877 cases recorded in 2024 alone, a significant rise from 727 cases in the previous year.
In response to a…
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South Africa said on Wednesday that it would reduce its debt relief package for state-owned power utility Eskom by a further R20-billion and would give some of its support in loans rather than taking on the company’s debt.
“Eskom is now in a much better financial position than in 2023 when the debt relief was originally announced. As a result of these improvements, we have decided to simplify the final phase of the debt relief package,” national treasury said in a revised annual budget.
Instead of taking on R70-billion of debt, national treasury will give Eskom R50-billion in loans.
The government previously reduced its…
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Merle Oper, 46, was the director of Tempus Admin Ltd when it applied for a Covid Bounce Back Loan (BBL) in October 2020.
Tempus, based at Clevelands Drive in Heaton, applied for a loan of £50,000, which is £23,000 more than it was “legitimately entitled to”.
Companies House states that there is an active proposal to strike off the company.
A disqualification outcome report on The Insolvency Service’s website states that Ms Oper has now been disqualified from being a director of any company for 10 years, from March 5.
Under the BBL scheme, businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25 per cent of turnover.
The Insolvency Service report says: “The…
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Huang Xiaoming denies $1.03 billion yuan Macao gambling debt following Jay Chou’s rebuttal Dimsum Daily
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The excerpts from the famous poem by Robert Frost, The Road Not Taken,—“Two roads diverged in a yellow wood, And sorry I could not travel both…”—aptly illustrate the challenge of choosing the right forum or the ‘Adjudicating Authority’ for insolvency resolution process of personal guarantors under the Insolvency and Bankruptcy Code, 2016 (IBC/ the Code). While one way leads to the National Company Law Tribunal (NCLT); the other leads to the Debt Recovery Tribunal (DRT). Both roads are sometimes traversed in parallel proceedings before the two forums.
Why does this issue arise? It does so because the liability of the personal guarantor is co-extensive with that of the corporate debtor whose insolvency proceedings are pursued…
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What transpired on the day Brindabella called in the administrators The Canberra Times
