Insolvency Guardian Media Centre
Bill Johnson has witnessed the extent of US Magnesium’s pollution up close.
He’s seen the wastewater pond that was so acidic it bubbled like a cauldron. He noted where the corrosive liquid had eaten through the soil beneath, and where it burned through earthen barriers and spilled into the neighboring public lands near Utah’s Great Salt Lake.
Secure · Tax deductible · Takes 45 Seconds
Secure · Tax deductible · Takes 45 Seconds
When staff at the company’s facility gave him a safety lecture, Johnson said he was told to remove any…
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David Sharaz has been declared bankrupt in the federal court just days after his wife, Brittany Higgins, was bankrupted in the same Perth court by her former boss Linda Reynolds.
The former Liberal senator launched bankruptcy proceedings in October against Higgins and Sharaz after successfully suing the couple for defamation.
On Tuesday registrar Camille Goucke ordered Sharaz’s estate be sequestrated under the Bankruptcy Act and that Reynolds’ costs be fixed in the sum of $5,690, according to documents filed in the Western Australian registry.
The court backdated the act of bankruptcy to 31 October.
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Bankruptcy means a trustee appointed by the court takes control of a bankrupt’s estate and assets. The…
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Sri Lanka to co-host Asian Regional Debt Management Conference Adaderana Biz English
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Data from Statistics Netherlands (CBS) show that 206 transport companies were declared bankrupt between January and November 2025, compared with 278 in the same period of 2024. This suggests that fewer Dutch hauliers exited the market in 2025 despite continued cost pressures and uneven freight demand.
A national exception in a difficult European market
The improvement in the Netherlands stands out against a more challenging picture elsewhere in Europe. Throughout 2025, Trans.INFO has reported persistent financial pressure and rising insolvency risks in several major road transport markets.
In Germany, freight industry organisations warned this year that insolvencies among transport companies were increasing, describing the trend as an…
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Eterna Mode GmbH has filed for insolvency under self-administration at Passau District Court.
The aim of the proceedings is to implement the final milestone in the transformation of the Passau-based shirt and blouse specialist. This includes the complete outsourcing of logistics as well as the sale and leaseback of the company premises, Eterna announced on Tuesday. The application was necessary because “some of the financial creditors secured against the property did not agree to the sale and leaseback of the premises”.
The implementation of the transformation through the proceedings is supported by Eterna’s key financiers, customers, suppliers and partners, according to the statement. Business operations will continue unchanged under…
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Sharaz joins wife Higgins in bankruptcy over Reynolds debt The Australian
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NCLT Mumbai Bench Approves Ashdan Properties’ Resolution Plan for Rolta India scanx.trade
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The Principal Bench of National Company Law Appellate Tribunal (NCLAT), New Delhi, upheld ICICI Bank’s status as a secured financial creditor, holding that fixed deposits pledged as cash collateral constitute valid security during insolvency proceedings. The Tribunal set aside the NCLT’s earlier direction to release the fixed deposits, allowing the appeal and confirmed ICICI Bank’s right to retain its collateral.
The Appellant, ICICI Bank Ltd., filed an appeal challenging the order dated 23.04.2024 passed by the National Company Law Tribunal, Kolkata Bench (hereinafter referred to as “the Adjudicating Authority”) in IA (I.B.C)/548(KB)2024 and in IA (I.B.C)/2093(KB)2023 in C.P. (IB)/1382(KB)2020. The Adjudicating…
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Interpark’s headquarters / Yonhap
Interpark Commerce, an online retail subsidiary of e-commerce giant Qoo10 Group hit by an insolvency crisis last year, was declared bankrupt by a court Tuesday.
The Seoul Bankruptcy Court made the ruling one year and four months after Interpark Commerce applied for rehabilitation proceedings in August 2024.
Creditors have until Feb. 20 next year to file claims. The creditors’ meeting and claims investigation will be held on March 17, 2026.
Interpark Commerce has suffered serious financial difficulties and a chain of exodus of sellers and customers since July last year, when Qoo10 Group’s two other subsidiaries — TMON and WeMakePrice — filed for court receivership due to liquidity problems that resulted…
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Interpark Commerce Declared Bankrupt After Failed Restructuring 조선일보
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SEOUL, Dec. 16 (Yonhap) — Interpark Commerce, an online retail subsidiary of e-commerce giant Qoo10 Group hit by an insolvency crisis last year, was declared bankrupt by a court Tuesday.
The Seoul Bankruptcy Court made the ruling one year and four months after Interpark Commerce applied for rehabilitation proceedings in August 2024.
Creditors have until Feb. 20 next year to file claims. The creditors’ meeting and claims investigation will be held on March 17, 2026.
Interpark Commerce has suffered serious financial difficulties and a chain of exodus of sellers and customers since July last year, when Qoo10 Group’s two other subsidiaries — TMON and WeMakePrice — filed for court receivership due to liquidity problems that resulted…
Read the original article here
Brittany Higgins’ husband has been bankrupted by a former politician after he threw in the towel during the pair’s defamation battle due to money worries.
Former Liberal senator Linda Reynolds sued both her former political staffer and David Sharaz over a series of social media posts she claimed damaged her reputation.
The former defence minister had a high-profile victory over Ms Higgins at trial, and Mr Sharaz bowed out before the proceedings started, saying at the time he couldn’t afford a lawyer.
Mr Sharaz, an ex-journalist, was found to have defamed Ms Reynolds and was ordered to pay her $85,000 in damages plus interest and costs.