Category: bankruptcy

October 18, 2023 BY Elizabeth Anderson

Volta reaches the end of the line with bankruptcy filings

Headquartered in Sweden, this electric vehicle outfit also operates in the UK. The move puts 850 jobs on the chopping board, 600 of which are UK-based. However, the dash toward net zero emissions could possibly attract viable interest. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Volta said the liquidation of Proterra and…

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September 11, 2023 BY Elizabeth Anderson

FTX investigates possible fund recoveries from sponsored athletes

According to legal documents cited by Bloomberg, experts are trying to determine if all payments were above board. This includes sponsorships to well-knowns such as the NBA’s Shaquille O’Neal and professional tennis player, Naomi Osaka, who received approximately $3.2m from FTX.  The once-prominent cryptocurrency exchange submitted its Chapter 11 filing for bankruptcy in November 2022.…

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liquidators bankruptcy
November 21, 2017 BY LeapRate Staff

Grant Thornton appointed as provisional liquidator to five Benchmark Private Wealth Group companies

Australia financial regulator ASIC has obtained orders from the Supreme Court of Queensland appointing Mr. Michael McCann of Grant Thornton as a provisional liquidator to five companies within the Benchmark Private Wealth Group. These are: 1.       Benchmark Private Wealth Pty Ltd; 2.       Benchmark Wealth Property Services Pty Ltd; 3.       Benchmark Private Wealth Holdings Pty Ltd;…

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