Pronovias enters insolvency proceedings ahead of its sale to Cap Capital – FashionNetwork France
Pronovias enters insolvency proceedings ahead of its sale to Cap Capital FashionNetwork France Read the original article here
Chapter 15 Recognition Obtained by Cannabis Holding Company
Introduction The cannabis industry has been undergoing a significant wave of defaults and receivership proceedings in recent years. Faced with price compression and increased competition including from the illicit market, limited access to traditional sources of debt and capital markets, and compressed margins, many cannabis companies have found themselves unable to service their debt obligations.…
Canterbury aluminium fittings company goes into liquidation owing $2.5m – The Press
Canterbury aluminium fittings company goes into liquidation owing $2.5m The Press Read the original article here
Monthly construction insolvencies rise 14% – Construction News
Monthly construction insolvencies rise 14% Construction News Read the original article here
Medicine Box Ltd goes into liquidation six years after getting £40m PPE contract
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She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.
When Annie Benjamin invested $99,000 in an annuity 10 years ago, she trusted the insurance company to provide her with retirement income. She also relied on the company’s regulator to ensure the insurer could meet its obligations. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Benjamin’s trust in…
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Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/sc-says-fake-citations-issue-in-essel-insolvency-case-under-review-126052001756_1.html” on this server. Reference #18.1bee54b8.1779292992.1c4e90b9 https://errors.edgesuite.net/18.1bee54b8.1779292992.1c4e90b9 Read the original article here
Pivotal ruling clarifies Mauritius Supreme Court liquidation-related powers
Going against the Mauritian Court of Civil Appeal, the UK’s Privy Council has held that the Mauritius Supreme Court has the power to authorise a person other than the liquidator to bring or continue legal proceedings in the name of the company in liquidation. In a novel case with little precedent in Mauritius, the Privy…
Newcastle recruitment consultant sentenced for Covid fraud
Lucien Ekamba-Elombe, 50, of Union Hall Road, Newcastle, secretly set up a new recruitment firm after his previous business collapsed and continued to act as a director despite being disqualified. He fraudulently claimed a £30,000 Bounce Back Loan under the Government’s Covid-19 scheme and used company funds to purchase two properties worth more than £190,000.…
Lawrence Dallaglio’s plight continues and luckless Wales star suffers fresh blow
These are your evening rugby headlines on Wednesday, May 20. Dallaglio’s bankruptcy plight continues Former England captain Lawrence Dallaglio’s financial plight is set to continue following news that his bankruptcy has been extended for a further three months, with the 2003 Rugby World Cup winner facing a new insolvency hearing in August. The 53-year-old was…