20 August 2025

Online | 1 hour’s verifiable CPD

With corporate insolvencies on the rise in Scotland and England, lawyers are faced with an increase in cross border considerations in their cases.

This webinar, led by Louise Lang and Andrew Scott, Senior Associates at Brodies will briefly consider the similarities between the two jurisdictions before focusing on some of the key differences, including each jurisdiction’s approach to…

A housebuilder in Norfolk is set to be liquidated just five years after it was bailed out by a local authority.

Lion Homes, previously known as Norwich Regeneration Limited, is to be wound up after years of losses, with Norwich City Council liable to lose up to £10m.

The council is the only shareholder in Lion Homes having invested around £3.4m in the business, according to its latest accounts, and loaned it £6.1m.

No accounts have been filed by Lion Homes since the end of 2023. The previous four years of accounts show losses in the hundreds of thousands annually, ammounting to total losses of £4.4m over the period.

Companies House published a first notice for liquidation for Lion Homes in May over failure to file its accounts….

Anil Ambani I Reliance Shares: The shares of Reliance Infrastructure and Reliance Power witnessed a downtrend in trade on Thursday after the SBI deemed the loan account of Reliance Communications as fraud, while also incriminating  commpany’s ex-director Anil Ambani.

Reliance Infrastructure dipped as much as 5.12 per cent to hit Rs 377.45, Reliance Power slipped by 4.89 per cent hit Rs 64.75 on the BSE Sensex index.

As per Reliance communications exchange filing dated July 1, 2025, State Bank of India had decided  upon reporting the loan account linked to Reliance Communications as “fraud”. India’s biggest public sector lender also intends to report the name of former RCom Director Anil Ambani to Reserve Bank of India.

The…

FASHION designer Datuk Jovian Mandagie was today declared bankrupt by the High Court (Insolvency Division) for failing to repay a “friendly loan” amounting to RM5.28 million to an engineering and construction company.

Senior assistant registrar Muhammad Faisal Zulkifli issued the order against the former son–in-law of Datuk Seri Ismail Sabri Yaakob during a hearing of the creditor’s petition on Thursday.

…

KUALA LUMPUR, July 3 – Fashion designer Datuk Jovian Mandagie has reportedly been declared bankrupt by the High Court here for failing to repay a RM5 million loan to a construction company.

The Star reported that the court granted the bankruptcy order after Cekap Air Sdn Bhd filed a creditor’s petition over Jovian’s failure to settle RM5,284,340.66, including interest, for a loan given in 2022.

“Jovian did file several applications to stay and strike out the bankruptcy notice and petition that was filed against him but they were dismissed by the court,” said the company’s lawyer, Siti Nur Athirazatti Rohizad.

Cekap Air claimed the loan was extended verbally on February 25, 2022, based on…

PETALING JAYA: Fashion designer Jovian Mandagie has been declared bankrupt by the High Court in Kuala Lumpur after failing to repay a friendly loan totalling RM5.28 million from a construction company.
According to Berita Harian, senior assistant registrar Faisal Zulkifli today allowed a creditor’s petition filed by Cekap Air Sdn Bhd.

Based on the petition, filed on Nov 20 last year, Jovian, the former son-in-law of ex-prime minister Ismail Sabri Yaakob, failed to comply with a bankruptcy notice dated May 21, 2024.

The petition stated that Jovian owed Cekap Air RM5,284,340.66, including interest up to May 21, 2024, following a summary judgment granted by the High Court on April 2 the same year in a civil suit.

Cekap Air’s…

KUALA LUMPUR, July 3 – Fashion designer Datuk Jovian Mandagie has reportedly been declared bankrupt by the High Court here for failing to repay a RM5 million loan to a construction company.

The Star reported that the court granted the bankruptcy order after Cekap Air Sdn Bhd filed a creditor’s petition over Jovian’s failure to settle RM5,284,340.66, including interest, for a loan given in 2022.

“Jovian did file several applications to stay and strike out the bankruptcy notice and petition that was filed against him but they were dismissed by the court,” said the company’s lawyer, Siti Nur Athirazatti Rohizad.

Cekap Air claimed the loan was extended verbally on February 25, 2022, based on…

The lengthy process of changing a student-loan forgiveness program for millions of public servants is underway.

President Donald Trump signed an executive order in March aimed at limiting the Public Service Loan Forgiveness program, created in 2007 to forgive student debt for government and nonprofit workers after 10 years of qualifying payments.

While it’s unclear which specific organizations — and how many borrowers — could lose PSLF eligibility, the executive order signaled that organizations facilitating transgender healthcare or engaging in disability discrimination, which the administration defined as “anti-American” activities, could be on the line.

That question dominated the discussion during…