A UK steel engineering and fabrication business has taken steps towards Creditors’ Voluntary Liquidation, according to official filings. LK Engineering Limited, which trades from 69 Parkview Drive in Liverpool, is holding a virtual meeting of creditors on May 14, 2026, at 10am. The process was initiated under the Insolvency Act 1986, with joint insolvency practitioners…
The Supreme Court on Tuesday (May 5) observed that for protecting the rights of the homebuyers and paving a way for completion of the stalled real estate projects, the corporate veil may be lifted during the Corporate Insolvency Resolution Process initiated against the holding company, by allowing the inclusion of the assets of the subsidiary…
Adwoa Beauty, the prestige textured hair care brand, is set to enter liquidation after filing for bankruptcy. A US judge has ruled that Adwoa Beauty’s Chapter 11 bankruptcy protection be converted to Chapter 7. Chapter 11 allows for negotiations between a business and its creditors to continue operating and find a viable path forward. Adwoa…
BRASILIA, May 5 (Reuters) – Brazil’s finance minister Dario Durigan said the government’s relaunched consumer debt relief program won’t provide enough stimulus to derail the current monetary easing cycle. “(The impact) seems quite contained,” Durigan said in an interview with TV program Roda Viva late on Monday. The government relaunched on Monday a consumer debt…
Brazil’s consumer debt relief plan won’t jeopardize rate-cut cycle, finance minister says Reuters Read the original article here
EnglishEnglish Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc.Copyright © 2026, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2026 TradingView, Inc. Read the original article here
Ourgame Issues First Liquidation Report as Share Trading Remains Suspended TipRanks Read the original article here
Stephen Grootes speaks to Gareth Cremen, a partner in Cox Yeats’ Business Restructuring, Rescue & Insolvency team, about South Africa’s business rescue framework and how companies end up relying on state funding without any prospect of financial improvement. Listen to the full interview in the audio player above. Business rescue & zombie companies Cremen explains…
British kitchen brand shuts down ‘with immediate effect’ after two decades The Sun Read the original article here
Fuel price relief but debt rises to $200b Pakenham Officer Star News Read the original article here