The Federal Court injunction that attempted to wind-up Reacon Australia has been adjourned allowing more time for the business to restructured. The wind-up order that was put forward by Reacon Australia creditors and heard in the Federal Court of Australia on Friday 11 April, has been adjourned to Friday 9 May. The administrators for Reacon…
Alison Donnan cracked the lid on her Tupperware career as an enthusiastic 21-year-old in the early 1960s. The marketing model meant she needed to drive long distances from her family’s farm in the Mallee region, 350 kilometres north-west of Melbourne. She would cross the countryside in her dad’s Holden packed full of products, ready to…
Zomato Netherlands enters liquidation process as part of Eternal Limited restructuring BusinessLine Read the original article here
Insolvency signs rise 36% among South Korean construction companies this year – CHOSUNBIZ Chosunbiz Read the original article here
사진 확대 There is a warning sign for corporate insolvency in the Korean economy. The number of marginal companies pushed to the brink of restructuring has increased compared to the global financial crisis and the COVID-19 pandemic. According to the data released by KB Kookmin, Shinhan, Hana, and Woori to the National Federation of Banks,…
Shares of Eternal (formerly Zomato) jumped 2.6% in Friday’s early trade to the day’s high of Rs 216.95 on the BSE after the company informed exchanges about the liquidation of its inactive, step-down subsidiary, Zomato Netherlands B.V. The subsidiary, based in the Netherlands, has initiated the process of winding up operations with effect from April…
Victoria insolvencies surge as ATO chases hefty debt The Australian Read the original article here
South West administrations remain steady – but warning of corporate insolvencies and opportunistic M&A amid tariff uncertainy Insider Media Ltd Read the original article here
Apr 11, 2025 10:28 AM IST The London High Court judge Sir Anthony Mann was told by counsel representing Mallya that there had been lack of transparency from the banks regarding the recoveries made in India London: Disgraced business tycoon Vijay Mallya lost an appeal in the London High Court on Wednesday against a July…
Shares of Eternal (formerly Zomato) may be in focus on Friday, April 11, after the company informed exchanges about the liquidation of its step-down subsidiary, Zomato Netherlands B.V. The subsidiary, based in the Netherlands, has initiated the process of winding up operations with effect from April 9, 2025. “Pursuant to Regulation 30 of the Listing…