Jacques and Antoine, two dynamic brothers with an entrepreneurial spirit, plunged into the restaurant adventure. By leveraging a franchise of a popular banner, they thought they could be successful. The brothers always dreamed of starting their own business and being able to give up their office jobs. “In 2018, we took steps to operate a … [Read more…]
As we have learned, the BESIDE Group, plagued by debt and facing a sharp increase in operating costs, is going bankrupt and suspending most of its activities The newspaper. The Montreal company has been benefiting from the protection of the Bankruptcy and Insolvency Act since Monday, according to documents filed with the Office of the … [Read more…]
Young Quebecers are increasingly represented in bankruptcy proceedings in Quebec. Our Bureau of Investigation and the JE program met several young people who became bankrupt before the age of 25. TOTAL DEBT: $14,668 SURNAME : Stéphanie (fictional name) AGE : 23 years CITY : Rawdon BANKRUPTCY : October 2020 CAUSE : poor financial planning In … [Read more…]
Young Quebecers are increasingly represented in bankruptcy proceedings in Quebec. Our Bureau of Investigation and the JE program met several young people who became bankrupt before the age of 25. TOTAL DEBT: $20,750 SURNAME : Noémie Paradis AGE : 21 years old CITY : Terrebonne BANKRUPTCY : March 2023 CAUSE : cheated on by a … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Bird Global, the company that pioneered on-road electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest startup ever to reach a so-called “unicorn” valuation of over $1 … [Read more…]
Photo credit: Philippe Lopez/Getty Images Bird has filed for Chapter 11 bankruptcy, capping a turbulent year for the electric scooter company. In a press release today, Bird confirmed that the company had initiated a “financial restructuring process to strengthen its balance sheet” and that the company was continuing to operate as usual to pursue “long-term, … [Read more…]