Creditors seek to eject United Insurance liquidator Kamal Bhatt over Sh151m row – Daily Nation
Creditors seek to eject United Insurance liquidator Kamal Bhatt over Sh151m row Daily Nation Read the original article here
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
STAX in liquidation as receivers rush to sell fallen activewear empire – NT News
STAX in liquidation as receivers rush to sell fallen activewear empire NT News Read the original article here
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Liquidation for ex-Hawkins firms nears end: unsecured creditors get 4c in the dollar
The company was founded in Hamilton in 1946 by Fred Hawkins. In 2017, just prior to an adverse ruling that Hawkins should pay $13.3m to the Ministry of Education over a flawed construction project at a Botany Downs secondary school, Hawkins sold its business operations to Downer for a reported $60m. Hawkins at the time…
Aussie arm of Prime energy drink slumps into administration
The Australian company behind the once-viral energy drink Prime has been placed in voluntary administration, amid reports it has only $85,000 left in the bank. Related Article Block Placeholder Article ID: 340032 Prime burst onto the scene in 2022 and quickly gained popularity due to endorsements from social media influencers, including Logan Paul and KSI.…
Classrooms Consumed by Gambling: From Debt and Extortion to ‘Criminal Hell’ After Graduation
▲ A criminal complex in Cambodia surrounded by barbed wire Even after graduating from school, they could not graduate from gambling. Long after taking off their school uniforms, the swamp of gambling debt and secondary crimes continued to haunt Lee (20). Lee first dabbled in gambling when he was in his second year of middle…
Alberta Montessori childcare group placed under interim receivership
ANS 1993 Ltd., 1416452 Alberta Ltd., 2242246 Alberta Ltd., 2308213 Alberta Ltd., 786 N and S Enterprises Ltd. and P & N Development Ltd., a related group that operates childcare and early-learning facilities in the Edmonton region, were placed into interim receivership on July 2, 2026, on application by Royal Bank of Canada, owed approximately…
Remaining confident amid increased insolvencies for FY26–27
Small businesses must understand the root causes of their cash flow problems to curtail insolvency risks, experts say. RSM Australia’s national head of restructuring and recovery, Jerome Mohen, has told Accountants Daily that RSM modelling indicates rising insolvencies in the coming financial year. This is particularly evident in industries where companies cannot pass on rising costs…
Quebec Court places Lachute quarry companies in interim receivership
9403 owns the five lots comprising the Lachute property, while Carrière Sablière Principale Lachute operates stone and sand quarries from the site and serves construction and excavation customers. The business ordinarily employs at least five people, and its value depends heavily on maintaining the quarry as an operating enterprise. RBC extended 9403 two term facilities…