Companies Gazprom Austria GmbH Follow Uniper SE Follow Gazprom PAO Follow VIENNA, April 14 (Reuters) – Russian gas group Gazprom’s (GAZP.MM) Austrian business has filed for insolvency and hopes to restructure, a lawyer for the company said on Friday, blaming a halt to Russian gas deliveries that he said resulted from a dispute with Germany’s…
DetailsHigh Court’s Landmark Decisions Clarify the Position for Creditors and Liquidators in Insolvency Proceedings The High Court has had a busy start to the year, handing down two landmark decisions that have significant implications for insolvency practitioners. These decisions clarify the operation of important aspects of Australias insolvency regime and put to rest two questions…
DetailsNavigating cross-border bankruptcy: Gilbert + Tobin has assisted in the recognition of foreign bankruptcy proceedings in Australia, acting for the trustees in bankruptcy in a successful application to recognise Singaporean bankruptcy proceedings. Background In the recent decision of Duncan (Trustee) v Shrestha, in the matter of Shrestha [2022] FCA 1601, Gilbert + Tobin acted for…
DetailsAfter more than two years after its cease of operations, the Mexican airline Interjet was declared officially bankrupt on Monday, putting an official end to its history. The judge ordered Interjets assets to be sold to pay the companys debts to its former employees. Interjet is officially over No one was expecting Interjet to rise…
DetailsPETALING JAYA, April 12 Tan Sri Lee Kim Yew, founder and adviser of Country Heights Holdings Berhad (CHHB) has been allegedly declared bankrupt by the High Court. Free Malaysia Today said checks on the e-Insolvency website found that Lee was allegedly declared bankrupt by the Shah Alam High Court on January 26 this year. On…
DetailsThe National Company Law Tribunal has admitted real estate and construction company Renaissance Indus Infra under the corporate insolvency resolution process (CIRP) following a plea by its financial creditor Catalyst Trusteeship. The lender had moved the bankruptcy court after the company defaulted on its dues worth nearly Rs 444 crore. The tribunals Mumbai bench has…
DetailsAbraham ItsSliker has returned to streaming, taking up residence on the new platform, Kick. The Stake.com platform has quite a few fans divided on how they feel about a gambling website owning a streaming service. ItsSliker came under fire in 2022 for scamming his fellow streamers and fans of $200,000 to feed his gambling addiction.…
DetailsThe National Company Law Tribunal has admitted real estate and construction company Renaissance Indus Infra under the corporate insolvency resolution process (CIRP) following a plea by its financial creditor Catalyst Trusteeship. The lender had moved the bankruptcy court after the company defaulted on its dues worth nearly Rs 444 crore. The tribunals Mumbai bench has…
DetailsPARIS A French commercial court has officially declared Kremlin-backed media outlet RT France bankrupt, the company’s President Xenia Fedorova announced on Friday. “The court of Nanterre took the decision to put RT France in liquidation a media that has not pleased [French President] Emmanuel Macron since its launch and, which was sanctioned by the EU…
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