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Published on 05:38 GMT

PwC in talks to offload insolvency unit to Teneo

Another part of big four consulting firm PwC could soon have a new home. Street Talk understands that the insolvency arm of PwC’s deals practice, known as Business Restructuring Services, is on the cusp of being sold to public relations and advisory …

Source: Financial Review - Center-right
Published on Dec 2, 2024

Germany Assumes $629M in Northvolt Debt After Insolvency

[Stay on top of transportation news: Get TTNews in your inbox.] Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country. The federal …

Source: Transport Topics - Neutral
Published on Dec 2, 2024

KTM Facing Insolvency: Effects on Upper Austria and the Austrian Economy

The consequences are far-reaching and affect not only the company's almost 3,700 employees, but also suppliers, regional economic cycles, and Austria's image as a location for innovation. A crisis with an announcement KTM, known for its high- …

Source: Vindobona - Neutral
Published on Dec 2, 2024

WISI’s insolvency proceedings terminated

WISI Communications, the German communications tech provider, has announced that, on November 27th, the Pforzheim District Court decided to terminate the insolvency proceedings against the assets of the company. The decision came into effect at midnight on …

Source: Advanced Television - Neutral
Published on Dec 2, 2024

HSBC enters BNPL market as Divido hits insolvency

The UK’s point-of-sale finance market is undergoing significant shifts as HSBC launches its BNPL solution, Flexipay, just months after fintech firm Divido, partly backed by HSBC, announced insolvency. HSBC enters BNPL market Divido, once a promising …

Source: Payments cards & mobile - Neutral
Published on Dec 2, 2024

BYJU’S Insolvency: Riju Raveendran Seeks Inclusion In Case Deliberation

SUMMARY Raveendran urged the NCLT to allow him to present his defence on allegations made by BYJU’S investors that he misappropriated funds to pay the INR 158 Cr owed by the company to the BCCI The NCLT expressed reservations about accepting Raveendran’s …

Source: Inc42 - Neutral
Published on Dec 2, 2024

WISI concludes insolvency proceedings

German communications technology provider WISI Communications has successfully completed its insolvency process. The Pforzheim District Court decided on 27 November 2024 to terminate the proceedings. The decision came into force on 30 November, following …

Source: Broadband TV News - Neutral
Published on Dec 2, 2024

Byju’s insolvency: Riju Raveendran approaches NCLT to seek inclusion in case

New Delhi: Riju Raveendran, the largest shareholder of edtech company Byju’s and brother of founder Byju Raveendran, approached the insolvency tribunal on Monday, seeking to be included in the insolvency case deliberations involving the troubled firm, its …

Source: Mint - Neutral
Published on Dec 2, 2024

Begbies Traynor Group swoops for insolvency specialist

Ric Traynor (Image credit: Begbies Traynor) A business recovery and insolvency specialist has been acquired by professional services consultancy Begbies Traynor Group. White Maund, founded in Brighton in 2009, is a firm of professional specialists dealing …

Source: South East Business Insider - Label Pending
Published on Dec 2, 2024

Byju’s US lenders ask NCLT to reject BCCI plea to withdraw insolvency petition

Glas Trust, which represents a group of US entities that lent $1.2 billion to Byju's, on Monday questioned the maintainability of the Indian cricket board’s application to withdraw its insolvency petition against the cash-strapped edtech firm. At the …

Source: The Economic Times - Center-right
Published on Dec 2, 2024

Begbies Traynor buys Brighton insolvency specialist

Begbies Traynor, the financial advisory, property services and corporate restructuring specialist, has announced the bolt-on acquisition of White Maund Insolvency Practitioners. White Maund, which was purchased for an undisclosed amount, is an independent …

Source: ShareCast - Label Pending
Published on Dec 1, 2024

Pierer, Owner Of KTM And MV Agusta, Teeters On The Brink Of Insolvency

TOPSHOT - Australian biker Toby Price powers his KTM during the 2018 Dakar Rally Stage 5 between San ... [+] Juan De Marcona and Arequipa in Peru, on January 10, 2018. / AFP PHOTO / Franck FIFE (Photo credit should read FRANCK FIFE/AFP via …

Source: Forbes - Neutral
Published on Dec 2, 2024

No let-up in builder claims pressure as insolvencies surge

The State Insurance Regulatory Authority says claims pressure on the NSW builders’ warranty scheme will persist as the construction industry grapples with rising costs and labour shortages. Its annual report says in 2023-24 the number of businesses …

Source: Insurance News - Neutral
Published on Dec 2, 2024

SpiceJet Insolvency Claims: Are Creditors Leveraging IBC Forum for Settlement?

On 19 November, judicial member Mahendra Khandelwal of the Delhi bench of the NCLT (National Company Law Tribunal) pulled up Engine Lease Finance B.V., the engine lessor of budget airline SpiceJet, for keeping a settlement pending in the IBC forum to …

Source: Mint - Neutral
Published on Dec 1, 2024

Business insolvencies 'much higher' than in the global financial crisis

Simplicity chief economist Shamubeel Eaqub said the rate of insolvencies was double what it was at this time in 2023. “It’s consistent with what I would expect and I’d expect this to continue.” He said the coming months would be tough for many businesses, …

Source: The New Zealand Herald - Neutral
Published on Dec 1, 2024

Business insolvencies 'much higher' than in GFC

By Susan Edmunds of RNZ Business insolvencies are running at more than double the rate of last year, and one economist says the failure rate exceeds that of the global financial crisis. There were 72 liquidations in October administered by the Insolvency …

Source: Otago Daily Times - Neutral
Published on Dec 1, 2024

Business failures continue to propel personal insolvency chain reaction: ‘Trumponomics’ could trigger further ...

Business failures continue to propel personal insolvency chain reaction ‘Trumponomics’ could trigger further bankruptcies, says insolvency solutions firm Business-related personal insolvencies are on the rise, the latest quarterly figures from AFSA show. …

Source: The National Tribune - Center-left
Published on Nov 29, 2024

Gail's boss condemns Labour over worker's rights plans: Serial entrepreneur Luke Johnson says some of his companies won'...

By RORY TINGLE, HOME AFFAIRS CORRESPONDENT FOR MAILONLINE Published: 04:49 EST, 29 November 2024 | Updated: 05:50 EST, 29 November 2024 The chairman of Gail's has warned some of his businesses 'might not survive' the Labour government as he …

Source: Daily Mail - Right-wing
Published on Nov 29, 2024

'Insolvency' fears aimed at Cornwall's biggest house builder

Cornwall councillors have been extremely critical of the local authority's arm's length building company Treveth. One said the house-building entity would be declared insolvent if it was a 'normal' company, while another said the council …

Source: Cornwall Live - Label Pending

29 days 22:49:43

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Published on November 20, 2024 - 17:22 GMT

Online Bankruptcy Software Market to Witness Stunning Growth with CaseFox, Zola Suite, Bill4Time

Online Bankruptcy Software Market is projected to grow from USD 1.1 Billion in 2024 to USD 2.8 Billion by 2032, at a CAGR of 9.8%. PUNE, MAHARASHTRA, INDIA, November 20, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently introduced Global Online …

Distribution channels: Technology ...
Published on November 14, 2024 - 21:15 GMT

Fusion Fuel Issues Damages Claim Against Hydrogenial S.A. for Failure to Fund $33.5 Million Subscription Agreement; ...

DUBLIN, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (“Fusion Fuel” or the “Company”) announced today that it has issued a damages claim against Hydrogenial S.A. (“Hydrogenial” or the “Investor”) and its principal, Mr. Norbert Bindner, following …

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Published on November 14, 2024 - 10:13 GMT

U.S. Trustee Program Warns Consumers of Bankruptcy Fraud Alert Scam

Individuals in financial distress are common targets for scammers. A scam operator calling itself the “Bankruptcy Fraud Watchdog Group” has recently set its sights on consumer debtors, sending letters falsely accusing debtors of failing to disclose assets …

Distribution channels: U.S. Politics
Published on November 12, 2024 - 13:00 GMT

Unrivaled Brands, Inc. Announces Chapter 11 Bankruptcy Following Latest Round of Lawsuits Filed by People’s California ...

DOWNEY, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces the filing of a petition for Chapter 11 …

Distribution channels: Business & Economy, Consumer Goods ...

Published on November 11, 2024 - 20:00 GMT

LegalMatch.com Assists Struggling Businesses With Bankruptcy Resources and Attorney Matching

Expert Resources & Attorney Matching Connect Businesses With Experts During Financial Difficulties RENO, NV, UNITED STATES, November 11, 2024 /⁨EINPresswire.com⁩/ -- In today's economic climate, many businesses face financial challenges. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 11:30 GMT

Navigating Economic Challenges: Aryza Group's Insights on Q3 2024 Insolvency and Lending Trends

LONDON, UNITED KINGDOM, November 7, 2024 /⁨EINPresswire.com⁩/ -- Aryza Group, a leading provider of financial software solutions, is pleased to share its analysis of recent trends in the individual and company insolvency market in the England, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 5, 2024 - 15:12 GMT

October Total Bankruptcy Filings Increased 16 Percent over 2023

NEW YORK and ALEXANDRIA, Va., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Total bankruptcy filings were 47,104 in October 2024, a 16 percent increase from the October 2023 total of 40,674, according to data provided by Epiq AACER, the leading provider of U.S. …

Distribution channels: IT Industry, Science ...
Published on October 25, 2024 - 13:18 GMT

Kevin Lucas from Lucas Ross Business Rescue and Insolvency Joins the MCR SEO Limited Podcast

Manchester, UK — MCR SEO Limited, one of the leading SEO and digital marketing agencies in Manchester, is thrilled to announce that Kevin Lucas, Director of Lucas Ross Business Rescue and Insolvency, has appeared on the latest episode of the MCR SEO …

Distribution channels: Business & Economy, Companies ...

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Published on December 3, 2024 - 09:45 GMT

Florida Mesothelioma Victims Center Recommends the Gori Law Firm for a Former Public Utility Worker with Mesothelioma or ...

ORLANDO , FL, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- The Florida Mesothelioma Victims Center says, "There are dozens of waters districts and electricity districts in Florida and thousands of public utility workers in Florida. …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on December 3, 2024 - 09:24 GMT

The Effect of Louisiana's Open Carry Laws on Vehicle Accidents

OPELOUSAS, LA, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- Louisiana’s open carry laws permit individuals to carry firearms without the need for a permit, provided they meet state requirements. While these laws are rooted in …

Distribution channels: Culture, Society & Lifestyle, Insurance Industry ...
Published on December 3, 2024 - 09:02 GMT

Americans United Against Destructive Driving (AUADD) Expands Donation Options to Continue Success in Highway Safety

AUADD, a 501ce highway safety charity, announces additional ways for individuals and corporations to support them using real estate donations. BURR RIDGE, IL, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- Americans United Against …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on December 3, 2024 - 08:02 GMT

Reach Local Lawyers: Transforming Law Firm Visibility in a Competitive Digital Landscape

New Lawyer Directory Helps Law Firms Stand Out and Attract Clients with Proven SEO Tools CHARLESTON, SC, UNITED STATES, December 3, 2024 /⁨EINPresswire.com⁩/ -- In an era where online presence is critical, law firms face increasing pressure to …

Distribution channels: Law, Media, Advertising & PR ...
Published on December 2, 2024 - 22:36 GMT

FLEOA Urges Senate to Move Quickly to Take Up and Pass H.R. 82, the Social Security Fairness Act

WASHINGTON, DC, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- With only a few weeks left before the 118th Congress adjourns, the Federal Law Enforcement Officers’ Association (FLEOA) is urging the U.S. Senate to expeditiously take up and …

Distribution channels: Law, Media, Advertising & PR ...
Published on December 2, 2024 - 22:27 GMT

All Volunteer Highway Safety Charity Announces New Way to Accept Donations on Giving Tuesday

Teen driver education highway safety 501c3 charity, can now accept Required minimum distributions (RMDs) as financial support for their programs BURR RIDGE, IL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Burr Ridge, Illinois - On this …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on December 2, 2024 - 21:30 GMT

The Front Line Foundation Grants Death Benefit to Family of Red Lake Officer Who Died Responding to a Call for Help

The Front Line Foundation has now paid out $615,000 in death benefits and other support to Minnesota’s First Responders since its’ inception in 2018 MINNEAPOLIS , MN, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The Front Line …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on December 2, 2024 - 20:16 GMT

More Than Money 360 (MTM360) Unveils Version 7 at the Campden Wealth Conference in West Palm Beach

MTM360 Founder, Shawn Barberis, led a panel discussion on the benefits of technology with a SFO Executive and a multi-generational family member. WEST PALM BEACH, FL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- More Than Money 360 ( …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on December 2, 2024 - 18:33 GMT

West Memphis Three Attorney Not Stopping Until Real Killer is Found

Defense attorney Dan Stidham breaks his 30-year silence on a gruesome case that gripped the nation in his unforgettable book, A Harvest of Innocence. PARAGOULD, AR, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Defense attorney Dan …

Distribution channels: Book Publishing Industry, Culture, Society & Lifestyle ...
Published on December 2, 2024 - 17:26 GMT

USCFAR Exposes the Hidden Costs of HOA and Condo Living

Property Rights Advocates Allege Backroom Deals Built a Broken System DELRAY BEACH, FL, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The U.S. Coalition for Association Reform (USCFAR) is advocating for significant changes to safeguard …

Distribution channels: Culture, Society & Lifestyle, Law ...
Published on December 3, 2024 - 05:22 GMT

Robbins LLP Urges HAS Stockholders with Large Losses to Contact the Firm for Information About the Hasbro, Inc. Class ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Hasbro, Inc. (NASDAQ: HAS) common stock between February 7, 2023 and October …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2024 - 05:20 GMT

Robbins LLP Urges CELH Stockholders with Large Losses to Contact the firm for Information About the Celsius Holdings, ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all purchasers of Celsius Holdings, Inc. (NASDAQ: CELH) common stock between February 29, 2024 and September 4, 2024. Celsius is a holding …

Distribution channels: Consumer Goods, Law ...
Published on December 3, 2024 - 05:04 GMT

Robbins LLP Urges HUMA Stockholders with Large Losses to Contact the Firm for Information About the Humacyte, Inc. Class ...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors of the class action filed on behalf of all persons and entities that purchased or otherwise acquired Humacyte, Inc. (NASDAQ: HUMA) securities between May 10, 2024 and October 17, …

Distribution channels: Consumer Goods, Law ...
Published on December 2, 2024 - 16:27 GMT

Tax Compliance Strategies for Foreign Investors: Insights from a Leading FDI Lawyer

Learn how Toledo and Associates helps foreign investors navigate U.S. tax challenges, optimize strategies, and ensure compliance with evolving regulations. HOUSTON, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- As global economic …

Distribution channels: Law ...
Published on December 2, 2024 - 16:07 GMT

Pinpoint Labs Announces Strategic Partnership with Right Forensics

The collaboration brings the power of Pinpoint Labs’ new CrossCopy Enterprise to digital forensic investigation and eDiscovery services company Right Forensics. MURRAY, NE, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Pinpoint Labs, a …

Distribution channels: Law ...
Published on December 2, 2024 - 15:15 GMT

Los Defensores Joins ABC13’s Share Your Holidays Food Drive to Support Houston Families

Los Defensores is partnering with Houston Food Bank to provide donations and holiday meals to food-insecure families across the metro area HOUSTON, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Los Defensores, the first nationwide …

Distribution channels: Culture, Society & Lifestyle, Food & Beverage Industry ...
Published on December 3, 2024 - 02:20 GMT

Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?

SAN DIEGO , Dec. 02, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with …

Distribution channels: Business & Economy, Law ...
Published on December 2, 2024 - 14:00 GMT

Prominent ERISA Attorney Joins the Boston Office of The Wagner Law Group

Prominent ERISA Attorney, Evelyn Haralampu, Joins the Boston Office of The Wagner Law Group BOSTON, MA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Marcia S. Wagner, the Managing Director of The Wagner Law Group, recognized as the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 14:00 GMT

Jonathane Ricci and JR Wealth Management Guide Clients Toward Global Financial Harmony with International Tax Planning

JR Wealth Management expands International Tax Planning services for high-net-worth individuals. TORONTO, ONTARIO, CANADA, December 2, 2024 /⁨EINPresswire.com⁩/ -- In an interconnected world, navigating the complexities of international tax laws …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 3, 2024 - 02:00 GMT

CUSTOMERS BANCORP ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against ...

NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) ( …

Distribution channels: Consumer Goods, Law ...