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Friday, May 15 2026

ATS Nobility Estates Exits Insolvency

The National Company Law Tribunal has allowed the withdrawal of corporate insolvency resolution proceedings against ATS Group’s Nobility Estates Private Limited, the developer of the premium residential project Le Grandiose in…

Friday, May 15 2026

Liquid Wind AB Bankrupt, Nordic Hydrogen Business Put Up for Sale

Liquid Wind AB, the parent company of the Liquid Wind Group, was declared bankrupt on 11 May 2026, FuelCellsWorks.com reported. Lawyer Lars Melin of the law firm Styrks was appointed as bankruptcy trustee. Affected employees have…

Friday, May 15 2026

China’s $3 Trillion of Hidden Bad Debt Prolongs Economic Pain

By any measure, Tom Hu should be in default on a $730,000 bank loan for his plastics business in China. He barely brings in enough revenue to pay expenses and can’t cover the debt costs. Yet rather than calling in the loan, his…