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.
Liquidation after creditors' assembly in January\nUnsettled sellers failed to recover damage 사진 확대 Wemakeff Wemakeff, who entered court receivership (corporate
The Indian financial markets are currently witnessing unprecedented volatility in the shares of Future Group entities, particularly Future Enterprises Ltd
The Indian financial markets are currently witnessing unprecedented volatility in the shares of Future Group entities, particularly Future Enterprises Ltd
Affinity Interactive, a casino and media company, is partnering with the investment bank Moelis & Co. to engage in discussions with its bondholders in an effort to address its escalating debt challenges. This initiative reflects the company’s strategy to stabilize its financial position amid growing creditor unease over increasing debt levels.
Bondholders Seek Legal Assistance as Debt Concerns Grow
Several bondholders have reportedly enlisted the services of the law firm Akin Gump Strauss Hauer & Feld LLP, which specializes in corporate restructuring and Chapter 11 bankruptcy cases. These investors are apprehensive about Affinity’s financial outlook and the possibility that any debt restructuring deal could reduce the value of…
Maputo, 10 Nov (AIM) – The Confederation of Mozambican Business Associations (CTA) believes that the Medium-Term Debt Management Strategy for 2025-2029, which was recently approved by the government, is crucial for macroeconomic credibility and improving the business environment in the country.
The Medium-Term Debt Management Strategy for 2025-2029 is a document aimed at “defining a prudent framework for public debt management, meeting the State’s financing needs, balancing costs and risks, in order to ensure the credibility of economic policy and debt sustainability in the medium and long term.”
The strategy emerges at a time when public debt, particularly domestic debt, is continuing to grow every month, to make…
Liquidation after creditors’ assembly in January\nUnsettled sellers failed to recover damage
Wemakeff
Wemakeff, who entered court receivership (corporate rehabilitation procedures) due to a large-scale non-settlement situation, eventually went bankrupt.
On the 10th, the Seoul Rehabilitation Court’s Rehabilitation Division 3 (Chief Justice Jung Joon-young) declared WeMakePrice bankrupt. It has been more than two months since the rehabilitation procedure page was declared on September 9.
As Wemakep went bankrupt, it became virtually impossible to recover the damage to sellers and others who had not been settled. Creditors will be able to report their bonds by Jan. 6…
Third Sector Australia Limited, trading as Momentum Collective, has entered voluntary administration, putting the future of 5,000 clients – including 674 receiving Commonwealth Home Support Programme (CHSP) services – under a cloud. FTI Consulting was appointed administrator on 16 October 2025.
“As I keep saying, governments should not be in the ferry business,” Dr Neil Baird, Baird Maritime Co-Founder and ferry safety advocate, wrote earlier this year.
“It is a business that requires the best of free enterprise talents. It has been proved over and over again that bureaucrats do not possess those talents, no matter how smart they think they are. Their mistakes can be incredibly expensive and they, obviously, never have to wear those costs.”
The Indian financial markets are currently witnessing unprecedented volatility in the shares of Future Group entities, particularly Future Enterprises Ltd (NSE: FEL) and Future Consumer Ltd (NSE: FCL). Both stocks have been caught in a relentless cycle of hitting daily circuit limits, oscillating between upper and lower bands, a clear indicator of severe financial distress and heightened investor uncertainty surrounding the once-prominent retail conglomerate. This extreme price action reflects a market grappling with the fallout of ongoing insolvency proceedings and a precarious future for these companies.
The recent movements underscore a critical juncture for the Future Group, as its constituent companies battle…
Logan Paul has been a prolific performer inside the ring. But more than a professional wrestler, he is also an entrepreneur. Paul founded Prime Hydration along with Ksi and ensured its success on the global platform. But with all the controversy around it, a larger question has surrounded Prime Hydration: has it gone bankrupt?
With the kind of depreciation in its commercial value, many believe that Prime Hydration has gone bankrupt, but that is not the case. While Prime Hydration has not gone bankrupt, the reality of the situation is that it has suffered massive losses due to the legal cases surrounding it.
The Indian financial markets are currently witnessing unprecedented volatility in the shares of Future Group entities, particularly Future Enterprises Ltd (NSE: FEL) and Future Consumer Ltd (NSE: FCL). Both stocks have been caught in a relentless cycle of hitting daily circuit limits, oscillating between upper and lower bands, a clear indicator of severe financial distress and heightened investor uncertainty surrounding the once-prominent retail conglomerate. This extreme price action reflects a market grappling with the fallout of ongoing insolvency proceedings and a precarious future for these companies.
The recent movements underscore a critical juncture for the Future Group, as its constituent companies battle…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.
To enable cookies, follow the instructions for your browser below.
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:
1. Open the settings menu by clicking the hamburger menu in the top right
