Former Dunedin pub operator leaves trail of debt

A company that once operated a popular South Dunedin tavern has been liquidated, leaving behind more than $100,000 of remaining debt. Akuhata Ltd was put into liquidation in February last year, with Trevor and Emma Laing appointed liquidators. The company was incorporated in November 2020 for the purpose of purchasing a tavern operation from a…

Federal high Court, BRIPAN to improve Nigeria’s business recovery, insolvency system

The Federal High Court has partnered the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) to enhance the country’s business recovery and insolvency framework, aiming to improve the efficiency of insolvency procedures in Nigeria. Insolvency law provides a legal framework for managing the financial affairs of individuals and companies facing such situations. Chimezie Ihekweazu,…

Small businesses bear brunt of UI crisis in Mass.

The Massachusetts unemployment rate crept up to 4.3% in February, once again trending in the wrong direction. That seems hard to believe when the most recent National Federation of Independent Business Jobs Report shows 40% of small businesses have open positions they cannot fill. Of course, Massachusetts consumers notice longer lines at store checkouts with…