Rossendale business director, Liam Hennessey banned

Liam James Hennessey, 28, has been disqualified from being a director of a company for the next 11 years. Mr Hennessey, of Manchester Road, Haslingden, applied for Nero Plant Limited to receive a £50,000 Bounce Back Loan during the Covid-19 pandemic. Under the BBL scheme, businesses could apply for a loan of between £2,000 and…

S. 8 IBC | Service Of Demand Notice On Corporate Debtor’s Key Managerial Personnel Is Valid To Trigger Insolvency Process : Supreme Court

The Supreme Court on Tuesday (April 29) upheld the delivery of a demand notice under Section 8 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) to the corporate debtor’s Key Managerial Personnel (KMP), stating that the delivery of the notice to the KMP substantially complies with the requirement of Section 8 of IBC. Setting aside…

The Bankruptcy Bible: Practical Guide

Part 1: A Broad Overview of Bankruptcy ‘As privileged professionals, who live by the words of the English language, lawyers have a special duty to be clear in what they say and write’[1] When discussing any area of law, precision is essential. A common source of confusion amongst both lawyers and the public generally is…

Top Debt Collection Agency Helping London Businesses Stay Afloat

“Frontline Collections – London office (Debt Collection)” Top London Debt Collection Agency Frontline Collections is helping London Businesses stay solvent by recovering millions of pounds every year. London, UK – In an increasingly challenging economic climate, London businesses are under constant pressure to maintain healthy cash flow and financial stability. One organisation that continues to…

Montauk Metals Provides Corporate Update

TORONTO, April 29, 2025 (GLOBE NEWSWIRE) — Montauk Metals Inc. (TSX-V: MTK) (the “Company” or “Montauk”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best…