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Headlines
German Corporate Insolvencies Reach Highest Level Since 2014
The total number of corporate bankruptcies in Germany rose to its highest level in more than a decade last year, according to data published by the federal statistics office on Friday, Reuters reported. Local courts registered…
Hero Electric’s Revival Bid Collapses, Liquidation Ordered
The National Company Law Tribunal (NCLT) has ordered the liquidation of Hero Electric Vehicles Pvt. Ltd. after efforts to revive the company through the insolvency resolution process failed to produce an approved plan, the Times…
Scandinavian Enviro Systems Files for Bankruptcy of Tyre Recycling Subsidiary
The decision to file for bankruptcy for Tyre Recycling in Sweden AB forms part of the ongoing Enviro reorganisation and aims to strengthen the company’s liquidity and support long-term profitability, TyreandRubberRecycling.com…