Insolvency in the Cayman Islands – Setting aside antecedent transactions Lexology
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Unpaid taxes, fines, growing debt: Inside Melbourne builder collapse Gold Coast Bulletin
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German corporate insolvencies to reach decade-high in 2025 By Investing.com Investing.com Australia
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The company will need to devote its “somewhat finite bandwidth” to restructuring in the coming weeks
[SINGAPORE] Former Cathay Cineplexes operator mm2 Asia has been given a lifeline after the High Court on Dec 10 allowed the company to be shielded from creditors and legal proceedings for four months while it works out a restructuring plan.
The move will allow the company time and breathing space to work out a plan to repay its creditors, said Judicial Commissioner Mohamed Faizal in a written judgment after a hearing.
On Nov 10, mm2 said in a bourse filing that it had applied to the High Court for a moratorium under the Insolvency, Restructuring and Dissolution Act to stop current, pending or threatened proceedings from being commenced…
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The National Company Law Tribunal (NCLT) at Mumbai has recently refused to order Swedish Equipment Manufacturer Ericsson India Private Limited to return nearly Rs 325 crore that was paid to it during the insolvency proceedings of Reliance Telecom Ltd and Reliance Communications Ltd, two Anil Ambani led companies undergoing corporate insolvency resolution. The payments were made not as part…
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The Japanese media production company Gainax has disappeared into history after completing its corporate liquidation.
Gainax entered the liquidation process after filing for bankruptcy around June 2024. Gainax was one of the production companies that had a significant influence in subculture, having released past animations such as 〈Aim for the Top! – GUNBUSTER〉, 〈Nadia: The Secret of Blue Water〉, 〈Neon Genesis Evangelion〉, 〈The Circumstances of That Man and That Woman〉, and 〈Tengen Toppa…
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The Supreme Court has reiterated that the proceedings under the IBC cannot be defeated by a corporate debtor by raising a moonshine defence only to delay the process. The Apex Court further affirmed that the adjudicating authority must advert to the contentions put forth on the application filed under Section 7 of the IBC and examine the material placed before it by the financial creditor.
In the matter before the Apex Court, the initiation of the corporate insolvency resolution process by an operational creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016 , was in issue.
The Division Bench of Justice Sanjay Kumar and Justice Alok Aradhe held, “Applying this legal standard to the case on hand we have no…
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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:
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Facebook App: Open links in External Browser
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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:
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REVEALED: Latest business liquidations in Brisbane The Courier Mail