Shift business rescue from liquidation to resuscitation

Story audio is generated using AI South Africa needs to re-examine its understanding of restructuring to shift the focus of business rescue efforts there as the default intervention for strained organisations, rather than on liquidation. While the US reported 655 mega-insolvencies by October 2025, the highest level in 15 years, one of South Africa’s greatest…

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Scottish restaurant company collapses into liquidation

The court petition by HMRC was against the Artisan Past Maker in Dundas Street. David Meldrum of BK Plus Limited was appointed liquidator. The restaurant has been placed into liquidation. (Image: Getty Images) The firm’s most recent accounts at Companies House showed a £64,460 deficit. The business was set up five years ago. HMRC says it does…

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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…