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Tag: insolvency

Gaming accessory maker and publisher Nacon files for insolvency

February 26, 2026February 26, 2026 · Gadgets

French AA gaming developer and accessory manufacturer Nacon has filed for insolvency after its majority shareholder Bigben failed to make a loan repayment, the company said in a…

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More than 400 Sacramento City Unified preschool, classified positions could be laid off

February 13, 2026February 13, 2026 · Sacramento, California Local News

The Sacramento City Unified School District’s board of education approved motions involving workforce cuts that could impact 423 positions.The two resolutions impacting preschool and classified positions come as…

Read more More than 400 Sacramento City Unified preschool, classified positions could be laid off
State Farm seeks steep home insurance hikes in California

State Farm seeks steep home insurance hikes in California

June 28, 2024July 2, 2024 · Los Angeles, California Local News

State Farm seeks to hike California homeowners insurance by a third or more to avoid going broke. State Farm General, a California unit of the Illinois-based insurance giant,…

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Lenders approve Hinduja Group’s ₹9,661-crore resolution plan for RCap

Lenders approve Hinduja Group’s ₹9,661-crore resolution plan for RCap

June 29, 2023June 29, 2023 · Banking

The committee of creditors (CoC) of Reliance Capital has approved the resolution plan put forth by IndusInd International Holding, with 99 per cent lenders voting in favour of…

Read more Lenders approve Hinduja Group’s ₹9,661-crore resolution plan for RCap
Future Enterprises’ RP invites EoIs for resolution

Future Enterprises’ RP invites EoIs for resolution

June 11, 2023June 11, 2023 · Banking

The resolution professional for Future Enterprises has invited expressions of interest for its resolution, the last date for such submissions being June 25. Future Enterprises, which was admitted…

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RCap case:Torrent Invest files plea in Supreme Court against Vistra ITCL post NCLAT order

RCap case:Torrent Invest files plea in Supreme Court against Vistra ITCL post NCLAT order

March 7, 2023March 7, 2023 · Banking

After the National Company Law Appellate Tribunal (NCLAT) allowed lenders of Reliance Capital to conduct the extended Challenge Mechanism, Torrent Investments has filed a plea in the Supreme…

Read more RCap case:Torrent Invest files plea in Supreme Court against Vistra ITCL post NCLAT order
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