Operations at a German furniture retailer will continue despite ongoing insolvency proceedings, as the company works towards stabilising its business and exploring restructuring options. The firm, Interlübke, recently filed for insolvency with the district court in Bielefeld. The move is intended to…
One of the firm’s Warwickshire venues is the Peacock in Oxhill (Image: Wolf Club Collective) A UK pub firm was nearly £800,000 in debt when it was liquidated, a report has revealed. Its owner insists that the situation is a success story, as the firm’s venues remain open. The Express reported earlier this month that…
It happens every spring: Families receive financial aid offers from colleges, puzzle over them and are left with the question—how much will this college actually cost me? Instead of stating how much a family must pay out of pocket, some letters use jargon like “total net expenses” or “total net and indirect cost.” Different colleges…
Darlington-headquartered insolvency specialist Business Rescue Expert has entered its next phase of expansion. The firm has launched Turnaround & Restructuring Expert – a specialist division to help SMEs under pressure navigate challenges earlier and secure their future. Business Rescue Expert (BRE) is part of Robson Scott Associates, an independent insolvency group specialising in business rescue…
The Supreme Court of India, in its judgment dated April 29, 2026, in Shankar Khandelwal v. Omkara Asset Reconstruction Pvt. Ltd. & Anr. [(2026) INSC 429], delivered a significant ruling on the interplay between the Insolvency and Bankruptcy Code, 2016 and the Limitation Act, 1963, specifically addressing whether the admission of a claim by an…
Russell & Bromley shop closures have annoyed many loyal customers of the historic British shoe brand after the company shuttered 33 stores following its collapse into administration. The iconic shoe stores have effectively disappeared from much of the UK High Street shopping districts after its bankruptcy. When a UK company falls into administration, a formal…
Future Lifestyle Fashions updates markets on 35th creditors’ meet in ongoing insolvency process TipRanks Read the original article here
Synairgen progresses wind-down, targets liquidation this year By Investing.com Investing.com Canada Read the original article here
Manchester-based financial advice firm LCM Family Limited (FRN: 227651) has entered administration following agreeing to a voluntary requirement with the FCA. LCM agreed to the voluntary agreement on 14 April. The firm was formerly known as LCM Wealth Management and SPH 225 Limited. LCM has been authorised by the FCA since it was founded in…
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