Fired faculty and staff from Laurentian University's insolvency finally get their reduced severance
The last creditors to be paid since Laurentian University declared insolvency February 1, 2021, are finally getting some compensation.
https://www.cbc.ca/news/canada/sudbury/insolvency-laurentian-terminated-staff-insolvency-creditor-ccaa-9.7229078?cmp=rss

Dammann insolvency filing highlights mounting pressures across Germany’s weakening farm equipment sector.

#Dammann #Insolvency #GermanyBusiness #FarmEquipment

https://meyka.com/blog/dammann-files-for-insolvency-as-german-farm-equipment-sector-weakens-june-03-0306/

Dammann Files for Insolvency as German Farm Equipment Sector Weakens, June 03 | Meyka

German farm equipment maker Dammann files for insolvency. The 150-employee Buxtehude company cites weak agricultural demand and high costs.

⚙️ GoPro Warns of Insolvency as AI Boom Doubles Memory Chip Prices

GoPro has issued a stark warning to investors, flagging a potential insolvency due to a dramatic increase in memory chip prices, fueled by the AI boom.

https://www.byte-pulse.net/article/gopro-warns-of-insolvency-as-ai-boom-doubles-memory-chip-prices

#gopro #ai #memorychips #insolvency

The post-Purdue lesson is that the enforceability of a third-party release may depend not only on what the release says, but on where and how it was approved.

#BusinessDistress #BusinessLaw&Litigation #Insolvency

https://www.dailydac.com/purdue-stops-at-the-border-chapter-15-and-foreign-plan-releases/

Rising consumer insolvency | About That
Canadian consumer insolvencies are trending up to levels seen during the 2009 recession. Andrew Chang explores the reasons behind the rise and how worried we should really be.

(Photo credits: The Canadian Press, Reuters, Adobe Stock and Getty Images)
https://www.cbc.ca/player/play/9.7202002?cmp=rss

Are Canadians reaching their 'breaking point'? New data shows more people filing for insolvency
https://www.cbc.ca/news/business/insolvency-filings-increasing-canada-9.7197230?cmp=rss
Are Canadians reaching their 'breaking point'? New data shows more people filing for insolvency
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits.
https://www.cbc.ca/news/business/insolvency-filings-increasing-canada-9.7197230?cmp=rss
Are Canadians reaching their 'breaking point'? New data shows more people filing for insolvency
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits.
https://www.cbc.ca/news/business/insolvency-filings-increasing-canada-9.7197230?cmp=rss
Are Canadians reaching their 'breaking point'? New data shows more people filing for insolvency
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits.
https://www.cbc.ca/news/business/insolvency-filings-increasing-canada-9.7197230?cmp=rss
Are Canadians reaching their 'breaking point'? New data shows more people filing for insolvency
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits.
https://www.cbc.ca/news/business/insolvency-filings-increasing-canada-9.7197230?cmp=rss