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Wednesday, October 1 2025

1MDB Liquidators Lose Singapore Court Bid to Sue StanChart, BSI Due to Transactions Predating Insolvency Law

The Singapore High Court has prevented foreign liquidators from suing Standard Chartered and BSI Bank over transactions allegedly linked to the 1Malaysia Development Bhd (1MDB) scandal, ruling that Singapore’s cross-border…

Wednesday, October 1 2025

Commentary: UK Insolvency Numbers Show the Pressure on Businesses is Not Letting Up

The Government’s latest company insolvency statistics reveal an uncomfortable truth: business failures in the U.K. are not easing, according to a commentary by Ed Rimmer, CEO of Time Finance, in GlobalData.com. In August 2025, 2,…

Wednesday, October 1 2025

NCLAT Sets Aside Future Consumer's Plea for Insolvency Against Aussee Oats

Appellate Tribunal NCLAT has set aside an appeal by Future Consumer Ltd (FCL) seeking to initiate insolvency against Aussee Oats Ltd, the Economic Times of India reported. A two-member NCLAT bench has upheld the orders of the…