Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Sam Bankman-Fried published a lengthy pre-mortem of FTX on Thursday morning, detailing his claims about the activities, solvency, and possible…
Historically few bankruptcies in 2022 as well Change navigation 12/01/2023 15:00 ANP The number of companies declared bankrupt (including sole proprietorships), adjusted for court session days, increased for the fourth consecutive month in December. Statistics Netherlands (CBS) reports that there were 34 more bankruptcies in December than in November 2022. With the December figure being…
The number of bankruptcies in 2022 was again historically low. A total of 2,144 companies and institutions, including one-person businesses, were declared bankrupt last year, Statistics Netherlands (CBS) reported based on provisional figures. That is the second lowest number since the start of this statistic in 1981. That is partly because companies still had access…
Image caption, Justyna Lorbiecka (left) and Leanne Lewinss say they have not received their redundancy money and are unable to find out when it might be paid By Sam Thomson BBC Radio Newcastle Workers who lost their jobs at a food and drinks factory claim they are being “ignored” by their former employers who owe…
The bankruptcy court in Indore has rejected the revival plan for listed energy company Ujaas Energy, with the observation that the Committee of Creditors (CoC) cannot extinguish the right of the secured creditor to proceed against the company’s personal guarantor. The ruling will set a precedent for lenders in other cases where dissenting secured creditors…
The bankruptcy court in Indore has rejected the revival plan for listed energy company Ujaas Energy, with the observation that the Committee of Creditors (CoC) cannot extinguish the right of the secured creditor to proceed against the company’s personal guarantor. The ruling will set a precedent for lenders in other cases where dissenting secured creditors…
The residential construction sector is under pressure. Photo / file Creditors of an insolvent Canterbury house-building and renovation business have been projected to lose more than $1 million after the company went under. ACC, a council, telco, an energy provider, a roofing business, building material suppliers, plumbing businesses, scaffolders and Inland Revenue want money from…
A failed businesswoman “buried her head in the sand” after going bankrupt and failed to reply to repeated requests for evidence of her assets by the insolvency service. A judge told mother-of-three Karen Achilleos she “closed her eyes” to letter after letter from the authorities after her bespoke cabinet-making business went bust. Derby Crown Court…
Receive free Barclays PLC updates Well send you a myFT Daily Digest email rounding up the latest Barclays PLC news every morning. Barclays is joining forces with an insolvency specialist to try to recover millions of pounds of misappropriated loans advanced under the UK governments Covid-19 bounceback scheme. The bank is among the lenders that…
Bittangabee Bay in the Beowa National Park is a stunning place for day visitors and campers. Photo: OEH. Visitors heading to a popular Far South Coast national park to see its stunning walks and views this summer will be able to enjoy improvements to its infrastructure, including a new Aboriginal cultural camp. Beowa National Park,…