Danish Financial Supervisor Authority : Gefion Finans A/S under frivillig likvidation (formerly Gefion Insurance A/S) declared bankrupt – Marketscreener.com

Bankruptcy

On 7 June 2021, the Maritime and Commercial High Court declared Gefion bankrupt.Policyholders must report their claims to the claims handlers mentioned in their policy. Further information can be found on the homepage of the bankruptcy estate, www.gefioninsurance.com. Furthermore the bankruptcy means that policyholders can cancel their policy, if they wish to do so. The…

Personal Guarantors Judgment Time For Promoters To Right-Size Insolvency Risk – BloombergQuint

Bankruptcy

Jun 03 2021, 8:28 AMJun 03 2021, 5:52 PMJune 03 2021, 8:28 AMJune 03 2021, 5:52 PM cThe Insolvency and Bankruptcy Code, 2016 has emerged as the most impactful legislation for enforcement actions by creditors against corporate debtors. Its interpretation has not been without controversy for that you may thank the ingenuity of various stakeholders…

RealiTea ProjecT developer speaks to Mattoon Kiwanis – Journal Gazette and Times-Courier

Bankruptcy

{{featured_button_text}} MATTOON Taneya Higginbotham spoke to the Kiwanis Club of Mattoon about The RealiTea ProjecT during a recent Kiwanis Zoom meeting. Higginbotham, the project developer, described the project mission as: Discussing the reali-tea on racial injustice and racial equity to stimulate righteous actions and transform communities. Higginbotham Return to homepage Please subscribe to keep reading.…

ASIC disqualifies director from managing companies for trading while insolvent – Mirage News

Bankruptcy

Grant Evan Donley of Sydney, NSW has been disqualified from managing companies for two years for his role in the failure of three companies and trading while insolvent. The three construction companies specialised in interior fit-outs. They include: Conceptual Interiors NSW Pty Ltd A.C.N 165 311 795 (Conceptual Interiors NSW); Conceptual Interiors Group Pty Limited…

Healey Says Sackler Family Trying To “Hijack And Abuse Bankruptcy Process” To Shield Themselves – wgbh.org

Bankruptcy

A federal judge’s ruling this week could shield the Sackler family from Massachusetts’ lawsuit over the family’s role in the opioid epidemic, and Attorney General Maura Healey is not happy about it. Healey was among the first state attorneys general to file lawsuits against both Purdue Pharma and members of the Sackler family – who…