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Both companies have cited the hangover of Covid and an economic downturn as factors for going bust. One of the owners has also taken aim at the IRD over what he claims are excessive tax penalties. The liquidator has not accepted that claim. Alexanders Apparel Ltd Alexanders Apparel Ltd was nearing its 50th anniversary when…
Both companies have cited the hangover of Covid and an economic downturn as factors for going bust. One of the owners has also taken aim at the IRD over what he claims are excessive tax penalties. The liquidator has not accepted that claim. Alexanders Apparel Ltd Alexanders Apparel Ltd was nearing its 50th anniversary when…
Dana White gambling secrets revealed as UFC CEO faces massive $50 million debt at Red Rock Casino MSN Read the original article here
80-year-old furniture giant going out of business, liquidation sale TheStreet Read the original article here
On August 28, shareholders resolved to appoint Raymond Cox and Gareth Hoole of Ecovis KGA as liquidators. In a report released on Friday, the liquidators said the company’s directors, David Christensen and Colin Dawson, had explained that the company was unable to raise further capital. “The directors have advised the liquidators that the technology developed…
“We play with open cards and have only good intentions, so we have nothing to hide,” Prime Minister Orbán said. He contrasted this approach with what he described as the deceitful practices of the opposition, referencing a leaked internal opposition quote—”We can’t tell the truth or we’ll lose the election; first we win, then we…
The Mohegan Tribal Gaming Authority is moving forward with its legal fight against Ron Meyer, the former Hollywood executive, over an alleged unpaid gambling balance of nearly $2.8 million. Court documents filed in Connecticut outline the authority’s effort to prevent Meyer from securing a jury trial, insisting that the agreements he signed before gambling bind him to Mohegan…
The government is planning to have a more foolproof mechanism to foil the chances of company promoters diverting funds fraudulently before filing for personal insolvency. As per a new section 164A introduced in the Insolvency and Bankruptcy Code (Amendments) Bill, 2025, the resolution professionals (RPs) can approach National Company Law Tribunal (NCLT) to bring all…