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Schemes where the property owner has no real or practical ability to exercise rights to possession and which misuse insolvency legislation are ineffective to avoid liability for non-domestic rates. The High Court has considered this in two cases Wigan Council and Trafford Council v Property Alliance Group Limited [2025] EWHC 2336 (Ch). The councils were…
Karnataka HC Orders Payment Of Back Wages Despite Employer’s Insolvency BW People Read the original article here
Debt Consolidation Market Analysis Coherent Market Insights’ most recent research study, “Global Debt Consolidation Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2025-2032,” provides a thorough overview of the market for Debt Consolidation Market on a global scale. The research contains future sales projections, consumer demand, regional analyses, and other crucial data about the…
Hertfordshire festival Standon Calling to end as company enters liquidation · News ⟋ RA The festival, which hosted its most recent edition in 2023, was established in 2006. The company behind Hertfordshire festival Standon Calling has entered liquidation, spelling the end for the annual two-day event after nearly 20 years. In an online statement shared…
More than 2,000 Scotland-based jobs are at risk as oil and energy services group Petrofac has applied for administration. The group’s operations will continue to trade, and options for restructuring of the company and a possible merger or acquisition are being actively explored with its key creditors, the company said on Monday. People close to…
[SINGAPORE] Frasers Centrepoint Trust has filed a S$2.6 million claim against mm2 Asia, said the entertainment group on Monday (Oct 27), after it guaranteed lease obligations of its now-closed cinema unit at Causeway Point. The claim arises from a deed of guarantee signed by mm2 Asia in December last year in favour of HSBC Institutional…
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And borrowing costs are high, particularly when compared to growth, while elevated inflation makes it harder for the Bank of England to reduce rates. “The combination of those factors suggests there is a challenging fiscal outlook, and significant consolidation steps will be needed to make sure that the debt outlook remains sustainable,” says Jari Stehn,…