India and Asia’s richest Gautam Adani’s net worth plunged significantly in just a day after a sharp fall in bonds and stocks of the seven listed Adani group companies that fell between 3% and 7% yesterday after Hindenburg Research, published a report on Adani Group, stating that it is presenting evidence that the Group has…
Atlas Technologies B.V.,the company responsible for the production of the solar car Lightyear 0, has been declared bankrupt. Earlier this week, a moratorium had already been filed. Atlas Technologies Holding B.V., which holds the IP rights, and Lightyear Layer B.V. are not in scope of the suspension of payments proceedings of Atlas Technologies B.V. In…
Adam Bradford (middle) and his mum Denise had no idea that David had been struggling with a gambling addiction for 30 years. Adam Bradford was just 21 when he discovered his dad David, now 66, was being sent to jail for stealing over 50,000 to pay debts from a gambling addiction his family didnt know…
Crown Van Gelder B.V. has been declared bankrupt by the District Court of Noord-Holland with its financial difficulties partially attributed to the high costs of energy and raw materials. The company is a producer of paper for such applications as ice cream packaging, luxury shoppers, and High Speed Inkjet printers. It possesses two paper machines…
Photo illustration: Sarah Grillo/Axios. Photo: Jean-Claude Coutausse/Bloomberg via Getty Image Lusaka, Zambia The first test for African debt restructuring in a post-COVID world is playing out in Zambia, a land-locked country bigger than Texas, rich in copper and loaded with Chinese debt and so poor that most of its population lives on less than $2…
Adam Bradford (middle) and his mum Denise had no idea that David had been struggling with a gambling addiction for 30 years. Adam Bradford was just 21 when he discovered his dad David, now 66, was being sent to jail for stealing over 500,000 to pay debts from a gambling addiction his family didnt know…
Lostock Sustainable Energy Plant (LSEP), a joint venture between Copenhagen Infrastructure Partners (CIP) and FCC Environment, announced the appointment on 25 January. The appointment of US construction company Black & Veatch comes after the previous contractor, French-owned CNIM, lost the deal after it was declared insolvent and entered administration in January 2022. LSEP has also…
Breadcrumb Trail Links Investor Peter Hodson: A bankruptcy is devastating, but it would be a mistake to let it put you off investing for good Xebec Adsorption Inc. was a a once-popular $1.4-billion company in the clean-energy space that surprised many investors by filing for bankruptcy protection last September. Photo by Pierre Obendrauf/The Gazette Article…
News story The website for the 2022 Forward Thinking conference has been updated with the videos of the sessions from the day. Building on the success of 2021, the Forward Thinking conference returned in 2022 and was hosted by Nottingham Trent University. The conference theme was insolvency response in uncertain times, with a number of…
i. Ministerial Foreword The Scottish Government has made a commitment to identify and take forward improvements in our debt management solutions to ensure they remain fair and fit for purpose. I believe we have an excellent system with solutions that provide fair and effective remedies for people trying to deal with problem debt and those…