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The Asahi Food bankruptcy on April 2, 2026, highlights funding stress across Japan’s construction ecosystem, Meyka reported. The company, a contractor for construction site cafeterias and kiosks at logistics facilities, filed at the Tokyo District Court with about JPY 3.13 billion in liabilities. Asahi Food filed for bankruptcy protection at the Tokyo District Court on April 2, 2026, citing about JPY 3.13 billion in liabilities tied to rapid, debt-funded expansion. The company operated cafeterias and kiosks at construction and logistics sites, often under long-term service contracts.
One of the largest Chinese-linked companies operating in Slovakia, Bluefin Century, has filed for bankruptcy, signaling a sudden exit from a market where it had generated tens of millions of euros in annual revenue, The Slovak Spectator reported. Founded in 2011 by Alica Cséfalvayová, Bluefin Century built a business importing and exporting mobile phones at scale, distributing brands such as Apple, Samsung and Xiaomi across more than 30 countries. Despite its global reach, the company maintained only a small operational base in Slovakia.
A controversial $1.3 billion acquisition of a luxury vineyard at the top of a mountain between Los Angeles and the Napa Valley in California is threatening to upend Australian winemaking giant Treasury Wine Estates, The Nightly reported. Shares in the ASX-listed winemaker behind the iconic Penfolds Grange, Wolf Blass, Lindeman’s and Wynns brands have sunk 63 per cent over the past year, as hedge funds lift bets its $1.9 billion debt pile spells more trouble ahead.
India’s Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, with the Rajya Sabha approving it Wednesday with a voice vote, News On Air reported. Minister of State for Corporate Affairs Harsh Malhotra moved the Bill, which aims to further amend the Insolvency and Bankruptcy Code 2016. The Bill also seeks to address procedural delays and interpretational issues among companies and individuals.