The parent company of equity crowdfunding platform VentureCrowd has plunged into administration, with an initial meeting of creditors hearing claims of $7.3 million in outstanding debts. But co-founder and chief executive officer Steve Maarbani has called the process a corporate debt restructure, with VentureCrowd’s operating subsidiaries and managed funds unaffected by the process. Launched in…
Manroland Sheetfed, a manufacturer of offset printing presses that has been in operation since 1871, will be shutting its doors and selling its spare parts business following an announcement of insolvency last month. Manroland sheetfed’s Offenbach, Germany HQ The German company is said to be closing its 114,000 square metre headquarters in Offenbach that sits on around 72 acres,…
Elliott Hardie Homes accused of ‘phoenix trading’ after companies collapse canberratimes.com.au Read the original article here
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The death of “Sujeewa,” a female elephant held under state custody for nearly a decade, has ignited renewed calls for accountability, transparency, and urgent reform in Sri Lanka’s handling of wildlife crime—particularly the shadowy networks behind elephant smuggling. Environmental conservationist and researcher Supun Lahiru Prakash has urged authorities, including the Ministry of Environment and the…
The High Court has appointed provisional liquidators to 13 construction companies with several sites, including for approved housing bodies. Twenty individual companies in the Torca Homes group, which have faced a number of difficulties in recent years, are insolvent, the court heard. Thirteen of them applied to the court for the appointment of provisional liquidators,…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Construction company closes with debts of more than £200k This Is Oxfordshire Read the original article here
‘Mentally tortured’ Christchurch employees chase grocery boss for $450k unpaid wages, seek company’s liquidation The Press Read the original article here