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Headlines

Tuesday, October 21 2025

NCLT Admits Insolvency Case Against Blu-Smart Mobility Tech

The National Company Law Tribunal (NCLT) has admitted an insolvency case against Blu-Smart Mobility Tech, the debt-ridden company which was providing all-electric ride-hailing services and building a network of EV charging…

Tuesday, October 21 2025

Austrian Ex-Billionaire Benko Appeals Against Insolvency Fraud Conviction

Austrian former property billionaire Rene Benko has filed an appeal against his conviction last week for insolvency-related fraud and the two-year prison sentence it incurred, his lawyer said on Monday, Reuters reported. The case…

Tuesday, October 21 2025

Developer Christensen Group Files for Creditor Protection with Nearly $200M Owed in Life Lease Payments

The Christenson Group of Companies, which owes millions to Alberta seniors and their family members under life lease housing contracts, has entered creditor protection, CBC.ca reported. Court of King’s Bench Justice Colin Feasby…