An attempt to sell the troubled Barbeques Galore franchise has failed months after the Australian retailer collapsed into voluntary administration, with 62 stores expected to close and hundreds of jobs lost. A recapitalisation deal which would have saved the iconic business has fallen through after the sale process did not secure any “offers capable of…
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Grim truth behind Aussie icon’s collapse News.com.au Read the original article here
Property businesses are going bust at the fastest rate in a decade, with more than 760 companies becoming insolvent so far this year in a sign of mounting pressure across the property sector. Analysis by City AM of insolvency filings published in the London Gazette found that the total is more than 60% higher than…
The National Company Law Tribunal (NCLT), has held that liquidation cannot be permitted where it would effectively benefit defaulting promoters who continue to operate outside the formal structure of the corporate debtor, and consequently recalled the insolvency admission order The RP submitted that despite extensive efforts following his appointment, he was unable to obtain crucial…
Budget FY27: Tax exemptions offer relief in debt-dependent budget Dhaka Tribune Read the original article here
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Voler Car declared highest bidder for Blue Smart Mobility acquisition scanx.trade Read the original article here
Nearly 2,200 Lexington residents to receive medical debt relief The Lexington Times Read the original article here
Lexington’s partnership with the national nonprofit Undue Medical Debt began in 2024, and since then two rounds of notices have been sent to residents selected to have medical debt abolished. “The first wave was something over $12 million and the second wave was a little bit over $5 million, together totaling over $18 million of…