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Daily Archives: April 1, 2025

High street fashion brand crashes into liquidation after shutting 35 stores – as staff are told they won’t get paid

LiquidationBy EditorApril 1, 2025

A high street fashion brand has gone bust after closing 35 stores earlier this month as staff are told they won’t get redundancy pay or wages. It is understood that insolvency firm Moorfields has launched a wind down of the Select Fashion after a creditors’ meeting was held last Friday to approve a voluntary liquidation.  None…

Firms with Dunnock Road address in Dunfermline to go bust

LiquidationBy EditorApril 1, 2025

Atlas 365 Group Ltd and Clyde Bars Ltd have hit financial trouble, both have a registered address at Dunnock Road in Dunfermline and both have Neville Taylor listed as sole director.  In January he was banned from being a company director for nine years for his part in a scheme in which £7.6 million went…

Ruling highlights Australian courts’ approach to deed of company arrangement termination applications

BankruptcyBy EditorApril 1, 2025

In the case between Queensland’s Commissioner of State Revenue and the administrators and creditors of insolvent engineering, electrical and labour hire services business Comlek Group, the Commissioner sought to terminate a pooled DOCA – which was entered in relation to a group of 20 companies, described as Comlek Companies, in Queensland on 9 February…

Morarjee Textiles Continues Insolvency Resolution Efforts – TipRanks

LiquidationBy EditorApril 1, 2025

Morarjee Textiles Continues Insolvency Resolution Efforts  TipRanks Read the original article here

Gary Glitter makes new bid for freedom – despite flouting court order to pay victim

BankruptcyBy EditorApril 1, 2025

Disgraced rocker Gary Glitter has been referred to the Parole Board after last month being made bankrupt for refusing to pay £508,000 in damages to a woman he raped when she was 12 Gary Glitter is making a fresh bid for freedom(Image: Getty Images) Pop paedophile Gary Glitter is making a new bid for freedom…

DNLU to hold Advanced Certificate Course on Insolvency Law: Register now!

LiquidationBy EditorApril 1, 2025

Introduction to Insolvency Law and Important Concepts – Introduction to Insolvency Law, important concepts, understanding insolvency, bankruptcy, liquidation, and restructuring. – Evolution of Indian Insolvency Law – Pre-IBC framework, the need for reform, and the enactment of IBC, 2016. – Key Features of IBC, 2016. Read the original article here

Gary Glitter enters bankruptcy after failing to pay victims

BankruptcyBy EditorApril 1, 2025

(Credits: Mark St George / Scotland Yard) Tue 1 April 2025 12:43, UK Former pop singer and convicted paedophile Gary Glitter has been declared bankrupt after failing to pay his sexual abuse victims. Glitter, real name Paul Gadd, was first sentenced in 1999 for downloading child pornography. He was then convicted once again in 2006…

Crooked House boss’s landfill company liquidated with debts of £1.2 million

LiquidationBy EditorApril 1, 2025

Himley Environmental, which operated a landfill site next to the pub, has been put into voluntary liquidation following court action over environmental breaches. At the time of the breaches, the company was controlled by Adam Taylor, who is sole director of the company which bought the Crooked House from Wolverhampton-based pub group Marston’s in 2023.…

Gary Glitter bankrupt after failing to pay abuse victim £500,000

BankruptcyBy EditorApril 1, 2025

Convicted sex offender Gary Glitter has been declared bankrupt after failing to pay more than £500,000 to a woman he abused when she was 12, her lawyers have said. The disgraced pop star, whose real name is Paul Gadd, was convicted in 2015 of abusing the woman between 1975 and 1980, as well as two…

Select Fashion ‘collapses, leaving staff without pay’

BankruptcyBy EditorApril 1, 2025

Retailer Select Fashion has reportedly collapsed after closing 35 stores last month and left staff without redundancy pay or owed wages. It is understood that insolvency firm Moorfields has launched a wind down of the womenswear chain after a creditors’ meeting was held last Friday to approve a voluntary liquidation. The group had already shut…

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