Insolvency Guardian Media Centre
BiomX, one of Israel’s most promising biotechnology companies, filed an urgent request with the Central District Court on Tuesday seeking authorization to initiate insolvency proceedings. The move follows the termination of its main clinical trial and the absence of funding sources to continue operations. The company’s debts are estimated at at least NIS 11 million (approximately $3.4 million).
Founded in 2015, BiomX develops cocktails of natural viruses designed to attack and destroy harmful bacteria that cause chronic diseases, without disrupting beneficial neighboring bacteria. The filing states that the parent company, BiomX Inc., has invested hundreds of millions of dollars into the Israeli subsidiary over the years.
According to…
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Trinity Moravian launches 8th round of medical debt relief Winston-Salem Journal
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LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – November 2025 Credit Connect
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INSOLVENCY NOTICES: Winding Up Petitions – November 2025 Credit Connect
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Key takeaways
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COVE COMMUNITIES HOLIDAY PARK UK HOLDCO LIMITED
COVE COMMUNITIES VENTURE 2 GWEL AN MOR OPCO LIMITED
COVE COMMUNITIES VENTURE 2 SOLWAY OPCO LIMITED
COVE COMMUNITIES VENTURE 2 SPRINGWOOD…
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The Karnataka High Court on Monday stayed the initiation of corporate insolvency resolution proceedings (CIRP) against Cauvery Neeravari Nigam Limited (CNNL), a Karnataka government-owned irrigation company [Cauvery Neeravari Nigam Vs Union of India].
The stay order was passed by Justice Suraj Govindaraj in a writ petition challenging a December 10 order of the National Company Law Tribunal (NCLT) which had admitted CNNL into insolvency on a petition filed by SPML Infra Ltd under Section 9 of the IBC.
“I am of the considered opinion that the NCLT could not have admitted the petitioner to corporate insolvency proceedings. In that view of the matter, the operation of the order dated December 10, 2025 passed by the NCLT in C.P.(IB) No. 39…
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Tasty Dairy Specialities Company Secretary Resigns During Insolvency Process scanx.trade
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The Madras High Court has recently held that once a resolution plan is approved under the Insolvency and Bankruptcy Code, authorities cannot proceed against any property standing in the name of a corporate debtor for offences committed before the insolvency process, even if such property is alleged to be held benami. A single bench of Justice G R Swaminathan ruled that Section 32A(2) of…
The Madras High Court has recently held that once a resolution plan is approved under the Insolvency and Bankruptcy Code, authorities cannot proceed against any property standing in the name of a corporate debtor for offences committed before the insolvency process, even if such property is alleged to be held benami.
A single bench of Justice G R…
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Opinion
The “Threat” is intended to inform businesses about the need to take measures to prevent bankruptcy.
Deterioration of financial performance or the emergence of negative circumstances can cause a crisis at the enterprise and the loss of the ability to fulfill monetary obligations to creditors,…
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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:
1. Open the settings menu by clicking the hamburger menu in the top right
2….
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A DISABLED couple from Leamington were left with a driveway resembling a sand-pit thanks to a rogue builder.
Christopher McFarlane has been ordered to pay £8,000 compensation after carrying out the sub-standard work while also concealing his bankrupt status.
The 48-year-old abandoned the project after three months, leaving the driveway looking like a “poor-quality sandpit”.
His victim, who has not been named, was left more than £16,000 out of pocket as it cost twice as much to repair and complete the work. The driveway was so bad that the victim’s partner, who suffers with mobility issues, struggled to get in or out of the property for several months.
The couple said: “As disabled homeowners, we placed our trust in…