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Headlines
Court Declares Telecom Oi Bankrupt and Shares Plummet
Nine years after its first request for court protection, Oi has been declared bankrupt by a Rio de Janeiro court. In her ruling, Judge Simone Gastesi Chevrand, of the 7th Business Court of Rio de Janeiro— where the company’s…
New Business Start-Up Numbers Fall Across Yorkshire as Insolvency Activity Rises, Says R3
According to the UK’s insolvency and restructuring trade body R3, 4,709 new businesses were launched in Yorkshire and the Humber during October, representing a 5.6 per cent decrease on September’s total of 4,989, the Yorkshire…
UK Electrolyser and Fuel-Cell Manufacturer Seeks Insolvency After Failing to Secure New Financing
Bramble Energy, a UK-based manufacturer of electrolysers and fuel cells based on printed circuit board (PCB) technology, has filed a notice of intent to appoint an insolvency administrator, according to one of its largest…