“It’s not a simple business, straightforward.” That’s what the trustee in the bankruptcy of a large greenhouse horticulture company said late last year. An initial bankruptcy report shows why. A whole range of companies are involved in the bankruptcy. The trustee, who requested the help of four additional trustees, also ended up in Dubai in…
Member Article Corporate insolvencies fell 3.25% in December 2022 to a total of 1,964 compared to Novembers total of 2,029. They were 31.9% higher than in December 2021 (1,489) and 75.5% higher than December 2019 (1,119). Personal insolvencies decreased by 20.4% to 8,339 in December 2022 compared to 10,473 in November. They were 1.3% lower…
NEW YORK, January 18, 2023–(BUSINESS WIRE)–DeFiYield.app has released their full 2022 Crypto Scam Report. This special yearly report covers the largest cryptocurrency hacks and scams of the year. We keep you safe and informed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230117006201/en/ (Graphic: Business Wire) According to DeFiYields REKT database, the worlds…
NEW YORK–(BUSINESS WIRE)–DeFiYield.app has released their full 2022 Crypto Scam Report. This special yearly report covers the largest cryptocurrency hacks and scams of the year. We keep you safe and informed. According to DeFiYields REKT database, the worlds largest crypto scam database, $48.9b was lost, over 500% increase from 2021. Here are the 5 biggest…
The Malta Gaming Authority announced Tuesday it is suspending the authorization awarded to Genesis Global Limited. The move, which became effective on Monday and may be subject to an appeal by the company, comes after a few troubled months faced by the business, which in December filed for insolvency. This sanction is being imposed upon…
Britishvolt, the company that has been trying to develop an electric vehicle battery factory in north-east England, has called in administrators from EY after failing to find investors for a rescue bid. The Northumberland-based startup filed for insolvency this morning and administrators from EY were appointed, with nearly all of its 300 staff members made…
Britishvolt, the company that has been trying to develop an electric vehicle battery factory in north-east England, has called in administrators from EY after failing to find investors for a rescue bid. The Northumberland-based company has filed for insolvency this morning and administrators from EY are being appointed, Proactive was told. Management planned to tell…
With a few weeks to go before the end of the tax year, now is the time to maximise your tax-deductible contributions towards a retirement annuity. If youre new to the world of retirement fund investing and want to know more about retirement annuities, read on. What is a retirement annuity? Retirement annuities are specialised…
The High Court is to consider if it is the appropriate court to hear an application by a company whose shareholders include rugby star Ronan O’Gara and businessman Michael O’Flynn to set aside a Personal Insolvency Arrangement (PIA) made in favour of fellow shareholder John O’Driscoll. The application to set aside the PIA has been…
Game Insight caused controversy after exiting the Russian market, not paying salaries, and laying off 600 employees last year. The companys entity in the country had already been declared bankrupt, but the whole process was really tricky and lousy, according to new information provided by a bankruptcy administrator. Paradise Island 2 Denis Kachura, whom the…