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Christine Convy CA, licensed insolvency practitioner at Dunedin Advisory, has been appointed interim liquidator of IOTL Ltd. The company operates from premises in Lanark as a licensed restaurant. The liquidator has negotiated terms to transfer trade to the landlord with the safeguarding of 30 employee jobs. The company was caught with the covid impact and…
The European Bank for Reconstruction and Development (EBRD) launched the Enterprise Security Enhancement (ESE) pilot program on May 11, 2026, to provide partial debt relief for Ukrainian borrowers whose assets are destroyed by war. The initiative operates through PrivatBank and Raiffeisen Bank Ukraine to address gaps in the war-risk insurance market. This mechanism targets capital…
Ourgame Updates Stakeholders as Liquidation Meeting Is Adjourned and Trading Halt Continues TipRanks Read the original article here
UK airline with 7 Boeing 737s collapses for key reason – liquidation meeting on May 14 MSN Read the original article here
Parsvnath Developers Ltd is now subject to a Corporate Insolvency Resolution Process (CIRP) after the National Company Law Tribunal (NCLT) admitted a petition related to a default of ₹452.34 crore. This step marks a significant challenge for the real estate firm and could lead to management changes and restructuring under the Insolvency and Bankruptcy Code…
E-fuel firm Liquid Wind goes bankrupt after running out of cash Renewables Now Read the original article here
Pub company in the Cotswolds collapses into insolvency liquidation Cotswold Journal Read the original article here
A British government initiative designed to alleviate £500 million in energy debt for low-income households has stalled due to pending parliamentary approval for data sharing. The delay reported on May 11, 2026, threatens to push total consumer arrears to £7 billion by year’s end. Legislative obstacles currently prevent the necessary exchange of information between energy…
Our client research shows that, among those who do get into arrears on their rent, the likelihood of an affordable repayment plan to clear the arrears is lower for private sector tenants than for those renting from social landlords. Only a third were asked about their income and expenditure by their landlord when seeking an…