Perth-based builder Start Right Homes has become the latest company to go into liquidation, with dozens of houses left unfinished. The Osborne Park building company, which mainly constructed single-storey houses, appointed liquidators on Sunday. According to Western Australias Building and Energy department, the company is yet to complete 24 projects. Building and Energy executive director…
DetailsPhoto-Illustration: by The Cut; Photos: Getty Images This week, The Times U.K. reported that Kate Middletons parents, Carole and Michael Middleton, are hundreds of thousands of pounds in debt stemming from the sale of their childrens-party-supplies company, Party Pieces. The news comes less than a month after the Princess of Wales shared in a video…
DetailsA15LE E battery-electric bus (Photo: Van Hool) Belgian bus OEM Van Hool has been declared bankrupt by the Commercial Court of Mechelen, a court in Belgium which deals with commercial litigation. According to media reports the company had accumulated a debt of 400 million. This was further compounded by a family inheritance dispute over shares…
DetailsUS-based alcohol-free retailer Boisson will close all of its stores as part of a restructuring of its business, which will focus on wholesale distribution and e-commerce. Boissons West Village store in New York City In a statement on LinkedIn on 6 April, Boisson CEO Sheetal Aiyer said the companys board of directors had decided to…
DetailsWest Flemish businessman Guido Dumarey has made a new bid for the bankrupt bus manufacturer Van Hool. He is joining forces with a US company ABC Companies, Van Hool’s biggest customer in the United States. He also launched a bid last month, but later withdrew that proposal. Monday morning it was officially announced that bus…
DetailsIt sounds like Bruno Mars can still afford to keep his 24-karat magic in the air. Amid rumors that the Grammy-winning singer and songwriter owed $50 million in gambling debt at a Las Vegas casino, the establishment’s parent company has come to Mars’ defense and dismissed the chatter as “completely false.” In a statement provided…
DetailsNEW DELHI: The fate of Go First, which stopped flying on May 3, 2023, may be known within the next two months. The National Company Law Tribunal (NCLT) on Monday extended the erstwhile Wadia Group airline’s corporate insolvency resolution process (CIRP) by another 60 days. The maximum 330-day period (with extensions) within which CIRP has…
DetailsFrom Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! Philadelphia social worker Kelly Monique Gray wept as she shared what it meant for her student loans to be forgiven. Gray shared her experience during a roundtable discussion in North Philadelphias Fairhill neighborhood.…
DetailsOn February 13, the NCLT extended the deadline to complete CIRP to April 4. (Representational) Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days. This is the third extension given to Go First by the National Company Law Tribunal (NCLT)…
DetailsPresident Joe Biden said on Monday at an event in Madison, Wisconsin, that his latest efforts to reduce or eliminate student debt would be a boon to the US economy. Mr Biden said his administrations newest initiatives are an outgrowth of his promise to find alternative paths to reduce student debt loads that have become…
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