Tickets.ie, one of Ireland’s largest independent event ticketing companies, has ceased trading today as the company plans to enter liquidation. Oshi Software Limited, trading as Tickets.ie, said directors are taking steps to appoint a liquidator in accordance with the Companies Act. Customers with tickets for upcoming events are advised to wait to hear from the…
Christchurch Japanese restaurant battles liquidation as linked companies’ debts surpass $3m The Press Read the original article here
He’s a well-known and popular face of York, who co-founded one of York’s most iconic companies. But now, following a take-over of his previously thriving business, Ben Fry has been declared bankrupt. Ben began The Potions Cauldron with Phil Pinder to make wizard-themed drinks in 2016. Over the years, the business grew, with it operating…
But now, following a take-over of his previously thriving business, Ben Fry has been declared bankrupt. Ben began The Potions Cauldron with Phil Pinder to make wizard-themed drinks in 2016. Over the years, the business grew, with it operating across six sites around the UK, including golf-themed attractions. RECOMMENDED READING: The company supplied its drinks…
Stephen Keen and John Fisk of Teneo New Zealand were appointed liquidators of Unique Fabrics, while Melissa Humann, Rebecca Gill and Craig Crosbie of Teneo Australia were appointed liquidators of Unique Fabrics New Zealand Pty Ltd. BWA Insolvency’s latest quarterly market report showed insolvencies may have peaked, even if risks still remain for businesses. The…
To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…
Carmel refinances debt to help offset reduced property tax revenue Current Publishing Read the original article here
The Structural Paralysis of India’s Insolvency Regime The National Company Law Tribunal continues to struggle under an overwhelming volume of legacy litigation, a factor that effectively nullifies the speed-oriented design of the Insolvency and Bankruptcy Code. The recent proposal by ICRA to bifurcate the insolvency process—creating a specialized, expedited track for smaller claims—is a direct…
ICRA also highlighted the limited success of the pre-packaged insolvency process for MSMEs and stressed the need for stronger NCLT infrastructure, additional tribunal members and quicker disposal of legacy cases to improve recoveries and reduce resolution timelines. Rating agency Icra on Wednesday pitched for a separate framework for small-ticket insolvency cases before they reach the…
The string of airline bankruptcies that began following the U.S. strike on Iran and subsequent spike in jet prices is not over yet. The most prominent collapse occurred at the start of May when well-known low-cost airline Spirit Airlines canceled all of its flights and shut down for good. This was despite much industry hope for a…