Wemakeprice faces bankruptcy as court ends rehabilitation 조선일보
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THE Dewan Negara today passed the Cross-Border Insolvency (CBI) Bill 2025, marking a significant step towards enhancing legal cooperation between Malaysia and other jurisdictions in handling corporate insolvency matters that cross international borders.
The newly adopted legislation incorporates provisions from the 1997 United Nations Commission on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency, providing a structured legal…
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Korea Coal Corporation transfers 1 million-ton reserve obligation 조선일보
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A Hong Kong court has extended convicted forger Peter Chan Chun-chuen’s bankruptcy by four years, citing his failure to settle debts owed to the estate of the late tycoon Nina Wang Kung Yu-sum since losing a high-profile lawsuit over her billion-dollar assets 15 years ago.
EY, formerly Ernst & Young, applied in July to extend the bankruptcy order against the 65-year-old former feng shui master, citing his “unsatisfactory and uncooperative conduct” throughout the four-year period.
The firm said Chan, who claimed to be…
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Keystone
In Switzerland, significantly more companies went bankrupt in August than in the previous year. According to Creditreform, a change in the law plays a key role in this. The outlook remains bleak.
…
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Tether CEO Paolo Ardoino took to X yesterday and responded to rumors about his company selling Bitcoin holdings to buy gold.
The USDT stablecoin creator wrote, “Tether didn’t sell any Bitcoin.” He added that Tether is investing profits into valuable assets like Bitcoin, gold, and even land.
The rumor spread over social media after a YouTuber named Clive Thompson posted a video titled “Tether is Selling Bitcoin and Buying Gold! What Do They Know?” The video spread fear among crypto enthusiasts.
In the video, Thompson claimed Tether sold some of its Bitcoin holdings after comparing the company’s attestation data from Q1 and Q2 of this year. He showed a drop of Tether’s BTC holdings…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail
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Christchurch packaging company sinks, 55 jobs at risk The Press
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