[SINGAPORE] An ill-timed property bet, a generational pandemic and a wave of customer closures – just any one of these would have been a severe setback for a business. But for third-generation food distributor FoodXervices, all three hit at once; eventually, something had to give. That moment came in April, when the company abruptly shut…
Surrey law firm Farringford Legal has launched a restructuring and insolvency practice with the appointment of Tania Clench as department head. Tania brings more than 20 years’ experience across corporate and personal insolvency and is recognised by The Legal 500 as a leading practitioner in the field. She is particularly known for advising and defending…
Surrey law firm Farringford Legal has launched a restructuring and insolvency practice with the appointment of Tania Clench as department head. Tania brings more than 20 years’ experience across corporate and personal insolvency and is recognised by The Legal 500 as a leading practitioner in the field. She is particularly known for advising and defending…
Middle Eastern Creditor Rescues Barclay Brothers from Bankruptcy Battle Sri Lanka Guardian Read the original article here
Pakistan’s UN envoy says the US-Iran conflict has disrupted energy supplies, pushing oil prices higher and worsening inflation, fuel shortages and austerity. He calls for rapid external financing and debt relief for affected developing countries. Islamabad envoy at UN says energy disruptions have driven global oil prices higher since February Cites fuel shortages, inflation and…
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A twice-bankrupted, twice-jailed pretend property developer is back behind bars, this time for contempt of court. Nahi Gazal, 61, was taken into custody earlier this month after Supreme Court Justice Ashley Black agreed with the…
An award-winning family run microbrewery has been voluntarily wound up (Image: Getty) An award-winning family-run microbrewery is being liquidated after trading since 2013. Big Hand Brewing Company Ltd. trades out of Redwither Business Park in Wrexham, north Wales, where it produces cask conditioned ales and bottled beers. Co-founded by Dave Shaw, the brewery continued to…
Russia’s Monocrystal Faces Bankruptcy After Financial and Production Crisis Odessa Journal Read the original article here
One In Four Americans Have Auto Debt At The Same Time Gasoline Prices Are Rising – Benzinga Consumers are seeing a bigger portion of their paychecks go to car debt at the same time that prices at the pump are rising. Just how bad is it? About one in four, or roughly 86 million Americans,…
A family-run pub firm has plunged into liquidation after seven years in business. The Sorcerer’s Watering Hole, which formerly traded as The Brewery Tap, appointed liquidators on May 15, according to filings on the public record The Gazette – the official public record. The McCormack family had run the Brewery Tap – the building dating…