Section 213 liability does not rest exclusively with directors or those managing the insolvent business The recent UK Supreme Court judgment in Bilta (UK) Ltd (in liquidation) and others v Tradition Financial Services Ltd [2025] upheld the Court of Appeal’s broad interpretation of section 213 of the Insolvency Act 1986, deciding that its scope is…
A criminal investigation is now underway following the collapse of Monegasque travel agency Star Croisières, which has been officially declared bankrupt by a Monaco court after leaving hundreds of holidaymakers out of pocket. Judges delivered their ruling on Tuesday 5th August, placing the company into official cessation of payments and setting the insolvency date provisionally…
A B&B Gamble Gone Wrong: How Reese’s Debts Destroyed Grace’s Future Soap Hub Read the original article here
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Hundreds sacked in $42m company collapse The Australian Read the original article here
Aussie trucking company plunges into liquidation, leaving 200 without jobs MSN Read the original article here
Australian organic certification business enters voluntary administration Stock Journal Read the original article here
Foundry goes into liquidation: Falkirk area firm wound up after 200 years in business Falkirk Herald Read the original article here
XL Express has gone into liquidation Millions owed to staff, creditors and the tax office Do you know more? Email [email protected] By KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA and NICHOLAS COMINO, NEWS REPORTER, AUSTRALIA Published: 09:46 AEST, 7 August 2025 | Updated: 11:49 AEST, 7 August 2025 Two hundred jobs have been lost in…
A national trucking company has been plunged into liquidation after 35 years in business, leaving about 200 employees without jobs. XL Express went in administration in June with administrators FTI Consulting appointed to review the company’s finances and assess its viability. The Brisbane-based company was founded in 1990 and expanded with depot and facility locations…