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Debt collection complaints are surging: Here’s why AOL.com
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Poor returns for the specialty apple have been partly to blame for the insolvency action.
Poor Rockit apple returns and a lack of shareholder interest have been blamed for MyFarm Investments’ $17.4m apple partnership being placed into voluntary administration.
Rākete Orchards GP Ltd’s directors – Tony Hawken, Grant Rowan and Glenn Teal – appointed BDO’s Rees Logan and George
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The move by the directors of MyFarm’s Rākete Rockit apple orchard to place the operation into voluntary administration marks the second major orchard failure in seven days, coming on the heels of the $41 million Cherri Orchard’s receivership.
MyFarm director and founder Andrew Watters confirmed to Farmers Weekly that the move had taken place.
The decision was initiated by directors who have appointed Rees Logan and George Bannerman of BDO (Auckland) as the administrators.
The Rākete Partnership formed between MyFarm and Rockit Global leased and funded the planting of 55 hectares of Rockit apples across six orchards in three distinct growing areas of Hawke’s Bay.
The total investment…
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51-year-old comic book brand files Chapter 7 bankruptcy, liquidating TheStreet
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Atakan/Getty Images
When debt piles up, it can start to feel like there’s no way out. After all, credit card minimum payments barely chip away at your balances, the interest charges keep climbing, and if you’re behind on your payments, the subsequent collection calls will add a steady hum of stress to your everyday life. That’s why for many borrowers, the idea of enrolling in a debt relief program, which is a…
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An entire airport is “bankrupt in all but name” TheStreet
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By Ben Zigterman · October 14, 2025, 1:30 PM EDT
The Chapter 11 liquidation plan from agriculture company Yield10 Bioscience received approval Tuesday from a Delaware bankruptcy judge, setting up general unsecured creditors to receive about 20% recoveries….
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New Delhi, Fair trade regulator CCI on Tuesday said it has given in-principle approval to mining conglomerate Vedanta’s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding.
Apart from Vedanta, the proposals of Naveen Jindal-led Jindal Power, PNC Infratech, Adani Group and Dalmia Bharat for JAL acquisition have been cleared by the regulator.
“The proposed combination envisages acquisition of Jaiprakash Associates Ltd (JAL) by Vedanta Ltd (acquirer) pursuant to a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016,” the regulator…
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The liquidators of a Dublin windows and doors company have informed the High Court that a representative of its sole director has left a lot of questions unanswered about the running of the company before its collapse, despite a number of requests to do so.
An investigation by the liquidators into the running of DK Windows and Doors, which suddenly ceased trading last December, leaving some 225 unfilled contracts on which customers paid a total of €1.2 million, is looking at the conduct of its sole director, Darragh Keane, in the run-up to its collapse.
Some creditors, including customers who paid significant deposits for work never done, alleged the company was run in a fraudulent manner during that time.
In an update presented in…
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President Lee Jae-myung Urges Debt Relief for Self-Employed 조선일보
