A family-run business in the Midlands, Thomas Kitchens, is now in the process of liquidation after more than four decades of operation. The Kitchen renovator, based in Nuneaton, has faced a struggling market and is now selling its assets through an online auction. Kumar and Company has been appointed by insolvency practitioners Poppleton & Appleby…
Underscoring the massive scale of America’s medical debt problem, a nonprofit has struck a deal to pay off old medical bills for an estimated 20 million people. New York-based Undue Medical Debt, which buys patient debt, is paying off $30 billion worth of unpaid bills in a single transaction with Pendrick Capital Partners, a Virginia-based…
Payment plans, debt support, discounts– the ways Severn Trent customers can get help with their bill WarwickshireWorld Read the original article here
The move came after Nishant Pitti-backed airways showed interest in acquiring the airline, citing reasons like Go First’s valuable intangible assets, including its Directorate General of Civil Aviation (DGCA) license. Busy Bee had initially shown interest in acquiring Go First and had moved a bid worth Rs 1,600 crore for the same. But later, as…
National Company Law Appellate Tribunal gives go-ahead to liquidation of Go First Airways India Legal Read the original article here
Nuneaton family-run firm for more than 40 years goes into liquidation Coventry Telegraph Read the original article here
Even as the National Company Law Appellate Tribunal (NCLAT) on Friday upheld the liquidation order for Go First Airways, it has paved the way for a potential revival—at least in part—by allowing EaseMyTrip co-founder Nishant Pitti’s company to propose an asset buyout scheme. The appellate tribunal dismissed a batch of appeals, including one filed by…
Assets of family-run kitchen business to be sold amid liquidation Insider Media Ltd Read the original article here
Major auto parts brand moves Chapter 11 bankruptcy to liquidation MSN Read the original article here
The National Company Law Appellate Tribunal (NCLAT) on Friday rejected a plea by Busy Bee Airways, backed by EaseMyTrip co-founder Nishant Pitti, challenging the liquidation of bankrupt airline Go First. A bench led by NCLAT chairperson Justice Ashok Bhushan upheld the National Company Law Tribunal’s (NCLT) 20 January order, which allowed Go First’s creditors to…