IKKS Belgium bankrupt, dozens of jobs at risk

© sylv1rob1 / Shutterstock.com The Belgian subsidiary of French fashion retailer IKKS has just been declared bankrupt. This will affect around ten stores and dozens of jobs. Franchisees are expected to remain open. Takeover in France The French fashion retailer, which had been under judicial reorganization since October 2025, found a buyer in December: Santiago…

Appellate proceedings do not relate to insolvency or inability to meet our obligations – AMNI

AMNI International Petroleum Development Company Limited (AMNI) has clarified that appellate processes which it is pursuing through appropriate judicial channels do not relate to insolvency or inability to meet its obligations. Didi Akinyelure, Head, Corporate Communications in a statement said the company continues to operate in the ordinary course of business and remains fully committed…

Embracing change: A timely “root and branch” review of the effectiveness of Australia’s restructuring and insolvency laws | Global law firm

1 Further comprehensive and independent review The Committee recommends that the government commission a comprehensive and independent review of Australia’s insolvency law, encompassing both corporate and personal insolvency, as soon as practicable, and progress several other near-term actions as identified in the executive summary. 2 Further consideration of appropriate principles and objectives of insolvency law…

Scottish family-owned clothing company in liquidation

Grants Wholesale also agreed to appoint joint liquidators at the meeting in the Scottish capital. Kevin Mapstone and Kenneth Robert Craig of Begbies Traynor were subsequently appointed liquidators. Read More: The company was registered in Edinburgh and involved in the “wholesale of clothing and footwear”, with a main trading address in Houstoun Industrial Estate in Livingston.…